MAXTED BRIAN F 4
Research Summary
AI-generated summary
GeoPark (GPRK) Director Brian F. Maxted Receives 2,812-Share Award
What Happened
Brian F. Maxted, a director of GeoPark Ltd (GPRK), was granted 2,812 common shares on May 18, 2026. The Form 4 records the transaction as an award/acquisition (code A) at $0.00 per share (aggregate $0). A footnote states this represents a quarterly director grant of fully vested shares.
Key Details
- Transaction date: 2026-05-18; filing date: 2026-05-20 (filed within the typical 2-business-day reporting window).
- Shares granted: 2,812; price per share reported: $0.00; aggregate reported consideration: $0.
- Footnote F1: "Represents a quarterly director grant of fully vested shares." These shares vest immediately.
- Shares owned after the transaction: not specified in the filing.
- Transaction code: A (award/grant).
Context
Director awards are routine compensation for board service. Because these shares are fully vested, Maxted acquired immediate ownership (subject to company trading policies and SEC rules). The filing lists $0 consideration for the grant; fair-market value or tax basis at grant is not provided here and would determine any taxable income for the recipient. This is an award (not a purchase or sale) and should be interpreted as compensation, not a directional buy/sell signal.