Houston Donald E. 4
Research Summary
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GEO Senior VP Donald E. Houston Surrenders 812 Shares
What Happened Donald E. Houston, Senior Vice President, Health Services at GEO Group, surrendered 812 shares of GEO common stock on March 6, 2026 to satisfy tax withholding related to the vesting of restricted stock. The shares were valued at $14.35 each, for a total of $11,652. The transaction is reported under code F (payment of exercise price or tax liability).
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-10.
- Shares surrendered: 812 at $14.35 per share; total value $11,652.
- Reason: Surrendered to satisfy tax withholding on vesting of restricted stock (footnote F1).
- Vesting context: The filing notes the adjustment reflects the Mar 6, 2026 vesting of 3,333 restricted shares granted Mar 3, 2025 (one‑third of the award) (footnote F2).
- Shares owned after transaction: Not stated in the provided filing.
- Filing timeliness: Report filed four days after the transaction (Mar 10 for a Mar 6 event); the filing does not explicitly state a late or amended status.
Context This was not an open-market sale but a routine tax-withholding surrender tied to RSU vesting (a common administrative action). Such withholdings reduce the insider’s outstanding shares but do not necessarily signal a change in conviction about the company.