Schipma Scott A. 4

4 · GEO GROUP INC · Filed Feb 26, 2026

AI-generated summary of this filing

Updated Feb 27, 2026

GEO Group (GEO) Exec VP Scott Schipma Receives 30,000-Share Award

What Happened

Scott A. Schipma, Executive Vice President and General Counsel of GEO Group (GEO), was granted a total of 30,000 shares of restricted stock on February 24, 2026. The filing shows two entries of 15,000 shares each at $0.00 (awarded, not purchased), for a total reported acquisition value of $0 (typical for compensation awards).

Key Details

Transaction date: 2026-02-24; Filing date (accession): 2026-02-26 — appears to be filed within the normal Form 4 timing window.
Grant details: 30,000 restricted shares total (two entries of 15,000 @ $0.00).
Ownership after transaction: not specified in the filing.
Notable footnotes:
- 50% of the award (15,000 shares) is time-based restricted stock — vests one-third each year on the grant anniversary over three years.
- 50% (15,000 shares) is performance-based restricted stock — vesting depends on achievement of metrics over Jan 1, 2026–Dec 31, 2028, certified by the compensation committee.
  - Of the performance portion: 50% is tied to return-on-capital-employed goals (vesting, to the extent achieved, by March 15, 2029); 50% is tied to GEO's total shareholder return and vests one-third each year over three years to the extent goals are met.
Remark on the filing: Reporting person listed as Executive Vice President, General Counsel.

Context

This is a compensatory equity grant (award), not an open-market purchase or sale. Grants are part of executive compensation and reflect long-term incentive design rather than an immediate bullish or bearish market signal.
Performance-based portions will only convert to vested shares if GEO meets specified metrics and certification timelines; time-based portions vest on a multi-year schedule.

Form 4

Period: 2026-02-24

See Remarks

Transactions

Holdings

Footnotes (3)

[F1]The reporting person received a grant of 30,000 shares of restricted stock. 50% of the award consists of time-based restricted stock and 50% of the award consists of performance-based restricted stock.
[F2]This reflects the time based restricted stock which one-third will vest each year on the anniversary grant date over a three-year period.
[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, 2026 to December 31, 2028 as certified by the compensation committee. 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. The portion of the restricted stock award that vests based on certain return on capital employed performance goals being met will vest by March 15, 2029 to the extent the performance goals are achieved. The portion of the restricted stock award that vests based on GEO's total shareholder return will vest one-third each year over a three-year period to the extent the performance goals are achieved.

Signature

/s/ Scott A. Schipma|2026-02-26

1 file