Macellari Carlos Enrique 4

What Happened Carlos Enrique Macellari, a director of GeoPark Ltd (GPRK), was granted 2,812 shares on May 18, 2026. The shares were issued at $0.00 (no cash paid) as an award/grant; total reported value is $0 on the Form 4 because these are compensation shares. This is a director compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-18; Form 4 filed: 2026-05-20 (appears timely).
• Transaction type/code: A = Award/Grant; Price: $0.00; Shares acquired: 2,812.
• Shares owned after transaction: Not specified in the summary provided (check the full filing for post-transaction holdings).
• Footnote: F1 — "Represents a quarterly director grant of fully vested shares."
• Not a sale or option exercise; no 10b5-1 plan or tax-withholding noted in the provided details.

Context Director grants of fully vested shares are common as part of board compensation and do not necessarily signal a personal buy or sell decision. Because this is a routine compensation award (not a cash purchase), it should be viewed as part of standard director pay rather than an immediate market-confidence signal.