Long Richard Kent 4

What Happened

• Richard Long, Senior Vice President, Project Development at GEO Group (GEO), received a grant/vesting of restricted stock on March 6, 2026 (22,518 shares reported as acquired at $0.00). To satisfy tax withholding on the vesting, Long surrendered 19,428 shares at $14.35 each, yielding proceeds of $278,792 (reported as a disposition).
• The filing shows an award entry (code A) for the restricted stock and a withholding/tax payment entry (code F) for the surrendered shares. The Form 4 was filed on March 10, 2026 for transactions dated March 6, 2026.

Key Details

• Transaction dates: March 6, 2026 (reported on Form 4 filed March 10, 2026).
• Award: 22,518 restricted shares reported as acquired at $0.00 (code A).
• Tax withholding: 19,428 shares surrendered at $14.35 each, totaling $278,792 (code F).
• Shares owned following the transaction: not provided in the excerpt.
• Footnotes from the filing:
  • F1: The reported increase reflects achievement of performance metrics for 2023–2025, resulting in an aggregate payout of 60,845 shares.
  • F2: The amount was adjusted to reflect vesting on March 6, 2026 of 38,327 shares (granted Mar 1, 2023) and 3,333 shares (granted Mar 3, 2025), representing one‑third of time‑based restricted stock.
  • F3: 19,428 shares were surrendered specifically to satisfy the Reporting Person’s tax withholding obligation upon vesting.
• Timeliness: Filing appears timely (transaction Mar 6; Form 4 filed Mar 10, 2026).

Context

• This was not an open-market sale: the disposition was a routine surrender of vested shares to cover tax withholding on restricted stock, a common administrative action and not necessarily a directional signal about the insider’s view of the stock.
• Retail investors generally view purchases as stronger signals than routine withholdings; this filing documents compensation-related vesting and tax payment rather than a discretionary sale.