4//SEC Filing
Laird Paul M. 4
Accession 0000950170-25-033812
CIK 0000923796other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 5:03 PM ET
Size
8.7 KB
Accession
0000950170-25-033812
Insider Transaction Report
Form 4
Laird Paul M.
SVP, Secure Services
Transactions
- Award
Restricted Stock
2025-03-03+12,500→ 48,403 total - Tax Payment
Common Stock
2025-03-03$26.23/sh−3,809$99,910→ 11,823 total - Award
Restricted Stock
2025-03-03+12,500→ 35,903 total
Footnotes (4)
- [F1]The reporting person received a grant of 25,000 shares of restricted stock. 50% of the award consists of time-based restricted stock that will vest by March 15, 2028 and 50% of the award consists of performance-based restricted stock.
- [F2]The amount of shares has been adjusted to reflect the March 3, 2025 vesting of 15,632 shares of restricted stock.
- [F3]Vesting of the performance-based restricted stock of GEO is contingent upon the achievement by GEO of certain performance-based metrics during the period from January 1, 2025 to December 31, 2027 as certified by the compensation committee. Under the terms of the restricted stock grant, these shares will vest by March 15, 2028 to the extent the performance goals are achieved. Of the grant of performance-based restricted stock, 50% is subject to vesting based on certain return on capital employed performance goals being met and 50% is subject to vesting based on GEO's total shareholder return over a three-year period.
- [F4]These shares were surrendered in order to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock.
Documents
Issuer
GEO GROUP INC
CIK 0000923796
Entity typeother
Related Parties
1- filerCIK 0002051359
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 5:03 PM ET
- Size
- 8.7 KB