Ryan Christopher D. 4

What Happened

• Ryan Christopher D., Senior Vice President, Human Resources of GEO Group, was granted a total of 27,000 restricted shares on February 24, 2026. The Form 4 reports two entries of 13,500 shares each, acquired at $0.00 per share (award/grant, not a cash purchase).
• The filing reports the grant amount (27,000 shares) but does not list a cash value on the form; the reported acquisition price is $0.00 because these are stock awards.

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (timely filing).
• Reported entries: two awards of 13,500 shares each, totaling 27,000 shares; price per share on form: $0.00.
• Shares owned after transaction: not specified in the provided filing.
• Notable footnotes:
  • 50% of the award (13,500 shares) is time-based restricted stock; one‑third of that portion vests each year over three years (per footnote).
  • 50% of the award (13,500 shares) is performance‑based restricted stock tied to metrics for Jan 1, 2026–Dec 31, 2028. Of that portion, half vests based on return on capital employed (vesting by March 15, 2029 to the extent achieved) and half vests based on GEO’s total shareholder return (one‑third each year over three years to the extent achieved).
• No 10b5-1 plan, tax‑withholding sale, or late filing was indicated in the provided data.

Context

• This is a compensation award (not a market purchase or sale). Time‑based vesting is a retention mechanism; performance‑based vesting is contingent on future corporate metrics and may never vest if targets are not met.
• Awards reported at $0.00 on Form 4 reflect grant terms rather than cash outlay; the realized value to the insider depends on future vesting and GEO’s stock price at vesting.