Brewer Jack 4
Research Summary
AI-generated summary
GEO Group Director Jack Brewer Receives Restricted Stock Award
What Happened Jack Brewer, a director of The GEO Group, Inc. (GEO), received an award of 10,246 restricted shares on March 6, 2026. The shares were reported as acquired at $0.00 (award/grant). This is a compensation grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-03-06; 10,246 shares @ $0.00 (award).
- Filing date: Form 4 filed on 2026-03-10 (timely relative to the March 6 transaction).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes:
- F1: The restricted stock vests 25% on each of the four anniversary dates after the grant.
- F2: The reported share amount reflects an adjustment for the March 3, 2026 vesting of 1,429 shares.
- Transaction code: A = Award/Grant of restricted stock.
Context Restricted stock awards are compensation and vest over time; they are not direct market purchases and do not by themselves indicate the insider is buying or selling shares in the open market. The grant will convert to vested, freely tradable shares according to the 25% per year schedule noted above.