GEO GROUP INC·4

Mar 9, 5:18 PM ET

ZOLEY GEORGE C 4

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GEO CEO George Zoley Receives 200,000-Share Award, Surrenders 78,700

What Happened
George C. Zoley, Chairman & Chief Executive Officer of GEO Group (GEO), was awarded 200,000 shares on March 5, 2026 that vested immediately. To satisfy tax withholding on the vesting, 78,700 of those shares were surrendered (disposed) at an effective withholding price of $14.92 per share, totaling $1,174,204. The award was recorded as an acquisition (A) and the withholding as a disposition for tax purposes (F).

Key Details

  • Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (filed within required two business days).
  • Award: 200,000 shares granted and vested immediately (footnote F1).
  • Tax withholding: 78,700 shares surrendered to cover taxes at $14.92/share, amounting to $1,174,204 (footnote F2).
  • Shares owned after the transaction: Not disclosed in the provided filing excerpt.
  • Transaction codes: A = award/grant; F = tax withholding (share surrender).

Context
This was primarily a compensation award that vested immediately; the surrender of shares was a standard tax-withholding action (i.e., shares were used to pay tax obligations rather than sold on the open market). Such tax-withholding dispositions are routine and do not necessarily indicate a change in the insider’s market view.