March Shayn P. 4
4 · GEO GROUP INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
GEO Group (GEO) CFO Shayn P. March Receives Restricted Stock Award
What Happened Shayn P. March, Senior Vice President and Chief Financial Officer of The GEO Group, received an initial grant of 12,175 restricted shares on April 1, 2026 under his Executive Employment Agreement. The grant is reported as two acquisitions: 6,088 shares and 6,087 shares, both at $0.00 (no cash paid). This is an equity award (not an open-market purchase or sale).
Key Details
- Transaction date: April 1, 2026; filing date: April 2, 2026 (filed next day).
- Reported entries: 6,088 shares @ $0.00 and 6,087 shares @ $0.00 (total 12,175 shares).
- Shares owned after transaction: Not specified in the filing.
- Award split: 50% time-based restricted stock, 50% performance-based restricted stock (per footnotes).
- Vesting: Time-based portion vests one-third each year over three years. Performance portion vests subject to achievement of specified metrics (Jan 1, 2026 – Dec 31, 2028) and is also eligible to vest one-third per year over three years if goals are met.
- Role: Reported as Senior VP, Chief Financial Officer.
Context This was an equity award, not a purchase or sale, so it reflects compensation rather than an immediate trading signal. The performance-based shares are contingent on GEO meeting return-on-capital-employed and total shareholder return targets (50%/50%) for the 2026–2028 performance period and require certification by the compensation committee. Time-based shares simply vest over three years (one-third annually). Awards at $0 often reflect standard executive compensation and do not necessarily indicate insider sentiment.
Insider Transaction Report
- Award
Restricted Stock
[F1][F2]2026-04-01+6,088→ 67,604 total - Award
Restricted Stock
[F1][F3]2026-04-01+6,087→ 73,691 total
- 41,950
Common Stock
Footnotes (3)
- [F1]The Reporting Person received an initial grant of 12,175 shares of restricted stock on April 1, 2026, pursuant to his Executive Employment Agreement. 50% of the award consists of time-based restricted stock and 50% of the award consists of performance-based restricted stock.
- [F2]This reflects the time-based restricted stock which one-third will vest each year on the anniversary grant date over a three year period.
- [F3]This grant of restricted stock of The GEO Group, Inc. shall vest upon the attainment of certain performance goals in accordance with the terms of the Company's equity compensation plan. Vesting of the performance-based restricted stock of GEO is contingent upon the achievement by GEO of certain performance-based metrics during the period from January 1, 2026 to December 31, 2028 as certified by the compensation committee. Of the grant of performance-based restricted stock, 50% is subject to vesting based on certain return on capital employed performance goals being met and 50% is subject to vesting based on GEO's total shareholder return. Both portions of the restricted stock award will vest one-third each year over a three-year period to the extent the performance goals are achieved.