KERNAN SCOTT MICHAEL 4
4 · GEO GROUP INC · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
GEO Director Kernan Scott Michael Receives Restricted Stock Award
What Happened
Kernan Scott Michael, a director of The GEO Group, Inc. (GEO), received a grant of 10,246 restricted shares (transaction code A) on March 6, 2026. The grant was reported at an acquisition price of $0.00 (total reported value $0), indicating these are compensation shares rather than an open‑market purchase.
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (filed on time).
- Transaction type: Award/Grant (code A) — 10,246 restricted shares acquired at $0.00.
- Vesting: Grant vests in four equal annual installments of 25% per year (footnote F1).
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- No 10b5-1 plan, tax‑withholding, or sale details noted in this filing.
Context
Restricted stock grants are a common form of executive/director compensation and typically reflect long‑term incentive alignment rather than an immediate market bet. Because the award vests over four years, the economic benefit is realized over time as vesting occurs; this filing alone does not indicate current buying or selling sentiment. The Form 4 was filed within the SEC’s reporting window.
Insider Transaction Report
- Award
Restricted Stock
[F1]2026-03-06+10,246→ 37,294 total
- 27,062
Common Stock
Footnotes (1)
- [F1]The grant of restricted stock of The GEO Group, Inc. vests in equal annual increments of 25% on each of the four anniversary dates immediately following the grant date.