Houston Donald E. 4
4 · GEO GROUP INC · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
GEO SVP Donald E. Houston Receives 27,000-Share Award
What Happened
Donald E. Houston, Senior Vice President, Health Services at GEO Group (GEO), was granted a total of 27,000 restricted shares on February 24, 2026. The Form 4 reports two entries of 13,500 shares each at $0.00 — a compensation award, not an open-market purchase or sale, with no cash exchanged.
Key Details
- Transaction date(s) and price(s): 2026-02-24; two grants of 13,500 shares @ $0.00 each (total 27,000 shares; grant value shown as $0).
- Shares owned after transaction: Not specified in the filing.
- Footnotes / vesting: See below for vesting details (time- and performance-based split).
- Filing timing: Report filed 2026-02-26 for a 2026-02-24 grant; appears timely under Form 4 rules.
- No indication in the filing of a 10b5-1 plan, cashless exercise, tax withholding sale, or other sale-related codes.
Context
- The award is split 50/50: 13,500 time-based restricted shares and 13,500 performance-based restricted shares. The time-based portion vests one-third on each anniversary of the grant over three years (i.e., roughly 4,500 shares per year).
- The performance-based portion is contingent on GEO meeting certain metrics during Jan 1, 2026–Dec 31, 2028. Of that portion, half is tied to return-on-capital-employed (vesting, to the extent achieved, by March 15, 2029) and half is tied to GEO’s total shareholder return (vesting one-third per year over a three-year period to the extent performance goals are met).
- Restricted stock grants are a common form of executive compensation and do not involve immediate cash proceeds; vested shares (if any) would be needed before any sale could occur.
Insider Transaction Report
Form 4
Houston Donald E.
See Remarks
Transactions
- Award
Restricted Stock
[F1][F2]2026-02-24+13,500→ 43,105 total - Award
Restricted Stock
[F1][F3]2026-02-24+13,500→ 56,605 total
Holdings
- 2,421
Common Stock
Footnotes (3)
- [F1]The reporting person received a grant of 27,000 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/ Donald E. Houston|2026-02-26