Negron Joe 4
4 · GEO GROUP INC · Filed Mar 5, 2025
Insider Transaction Report
Form 4
Negron Joe
SVP, General Counsel & Sec.
Transactions
- Award
Restricted Stock
2025-03-03+12,500→ 193,123 total - Award
Restricted Stock
2025-03-03+12,500→ 205,623 total
Holdings
- 101,038
Common Stock
Footnotes (2)
- [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]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.