GEO GROUP INC·4

Feb 26, 9:48 PM ET

Ragsdale Daniel H. 4

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GEO Group Senior VP Daniel H. Ragsdale Receives Stock Award

What Happened Daniel H. Ragsdale, Senior VP, Contract Admin & Compl., received a grant of 27,000 restricted shares of GEO Group stock reported on Form 4. The filing shows two grant entries of 13,500 shares each (total 27,000) at $0.00 per share (award/grant). This is a compensation award, not an open‑market purchase or sale.

Key Details

  • Transaction date: February 24, 2026; Form 4 filed February 26, 2026.
  • Reported transaction code: A (award/grant). Price reported: $0.00 per share (standard for restricted stock grants).
  • Total shares granted: 27,000 (two entries of 13,500).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes summary:
    • F1: 27,000 restricted shares total — 50% time‑based, 50% performance‑based.
    • F2: Time‑based portion vests one‑third each year on the anniversary of the grant over three years.
    • F3: Performance portion vests only if GEO meets specified performance metrics for Jan 1, 2026–Dec 31, 2028 (50% tied to return on capital employed (ROCE), 50% tied to total shareholder return (TSR)); ROCE portion may vest by March 15, 2029 to the extent goals are met; TSR portion vests one‑third each year over three years to the extent goals are met.
  • Filing timeliness: Filing date provided; no late‑filing indication in the report.

Context This is an equity compensation grant to an executive and should be read as part of routine compensation practices rather than a direct buy/sell signal. Time‑based shares will vest gradually, while the performance‑based portion depends on multi‑year company results and may not vest if targets are unmet.