Suchinski Mark 4
4 · GEO GROUP INC · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
GEO Group (GEO) CFO Mark Suchinski Receives Restricted Stock Award
What Happened
Mark Suchinski, Chief Financial Officer of GEO Group (GEO), received a grant of 48,000 restricted shares on 2026-02-24. The filing shows two entries of 24,000 shares each at $0.00, which together total 48,000 shares granted (no cash exchanged). This is an equity award (grant), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-24; Filing date: 2026-02-26 (filed two days after the grant; appears timely).
- Reported entries: 24,000 shares @ $0.00 and 24,000 shares @ $0.00 (combined 48,000 restricted shares).
- Shares owned after transaction: Not specified in the provided filing details.
- Award structure: 50% time-based restricted stock (24,000 shares) and 50% performance-based restricted stock (24,000 shares).
- Time-based vesting: one-third of the time-based portion vests each year on the grant anniversary over three years (i.e., ~8,000 shares per year).
- Performance-based vesting: contingent on achievement of performance metrics for the period 1/1/2026–12/31/2028, certified by the compensation committee. Of the 24,000 performance shares: half (12,000) vest based on return on capital employed (vesting by 3/15/2029 to the extent goals are met); the other half (12,000) vest based on total shareholder return, vesting one-third per year over three years to the extent goals are met.
Context
This is a grant of restricted stock (award), not a market purchase or sale. Awards like this are typically part of executive compensation and their ultimate value depends on vesting and, for the performance portion, meeting specified goals. The filing does not indicate any immediate sale or tax withholding in connection with this grant.
Insider Transaction Report
- Award
RESTRICTED STOCK
[F1][F2]2026-02-24+24,000→ 124,000 total - Award
RESTRICTED STOCK
[F1][F3]2026-02-24+24,000→ 148,000 total
Footnotes (3)
- [F1]The reporting person received a grant of 48,000 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.