PARK JAMES FRANKLIN 4
Research Summary
AI-generated summary
GeoPark (GPRK) 10% Owner James Franklin Park Sells 100,000 Shares
What Happened
- James Franklin Park, reported as a 10% owner of GeoPark Ltd (GPRK), sold 100,000 shares on April 20, 2026. The reported weighted-average price was $8.83 per share, for total proceeds of approximately $882,900. The sale was reported on a Form 4 filed April 22, 2026. This was a sale (S), not a purchase.
Key Details
- Transaction date: April 20, 2026. Report filed: April 22, 2026 (appears timely).
- Price: weighted average $8.83; actual sale prices ranged from $8.795 to $8.890 across multiple trades (footnote F1).
- Shares sold: 100,000; proceeds ≈ $882,900.
- Shares owned after transaction: not specified in the information provided.
- Footnotes: F1 notes the reported price is a weighted average and the filer will provide a breakdown of the number of shares sold at each price on request. F2 states the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
- Transaction code: S = Sale.
Context
- Sales by large holders (including 10% owners) can be routine liquidity events and do not by themselves indicate company performance. This filing documents a straightforward open-market sale; there is no indication here of options exercise, awards, or gifting.