GEO GROUP INC·4

Feb 26, 9:51 PM ET

Long Richard Kent 4

4 · GEO GROUP INC · Filed Feb 26, 2026

Research Summary

AI-generated summary of this filing

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GEO Group SVP Richard Kent Receives 30,000-Share Award

What Happened

  • Richard Kent, Senior Vice President, Project Development at GEO Group (GEO), was granted a total of 30,000 restricted shares on Feb 24, 2026. The filing shows two entries of 15,000 shares each (transaction code A, award/acquisition) at $0.00 per share — these are restricted stock grants, not open-market purchases.

Key Details

  • Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (filed within the typical two-business-day window).
  • Grant size: 30,000 restricted shares total (two reported line items of 15,000 each).
  • Price: $0.00 per share (restricted award — no cash paid at grant).
  • Shares owned after transaction: not specified in the excerpt provided.
  • Vesting and conditions (from filing footnotes):
    • 50% (15,000 shares) is time-based restricted stock: vests one-third each year on the anniversary of the grant over three years.
    • 50% (15,000 shares) is performance-based restricted stock tied to GEO performance from Jan 1, 2026 to Dec 31, 2028, certified by the compensation committee:
      • 50% of the performance portion vests based on return-on-capital-employed (ROCE) goals and will vest by March 15, 2029 to the extent goals are met.
      • 50% of the performance portion vests based on GEO’s total shareholder return (TSR) and, if goals are met, vests one-third each year over a three-year period.
  • No indication of a 10b5-1 plan, tax withholding sale, or other offsetting sale in this filing.

Context

  • This was an equity award (restricted stock), not a market purchase or sale. Restricted shares are subject to vesting and performance conditions, so they do not represent immediately tradable shares.
  • Awards are routine compensation for executives and do not, by themselves, indicate buy/sell intent. The performance-based half depends on future corporate results and may never vest if targets are not met.

Insider Transaction Report

Form 4
Period: 2026-02-24
Transactions
  • Award

    RESTRICTED STOCK

    [F1][F2]
    2026-02-24+15,000102,943 total
  • Award

    RESTRICTED STOCK

    [F1][F3]
    2026-02-24+15,000117,943 total
Holdings
  • COMMON STOCK

    254,175
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/ Richard Kent Long|2026-02-26

Documents

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