4Filed Aug 23, 8:00 PM ET
GEO Group (GEO) SVP Matthew Albence Sells 10,000 Shares
$GEO · GEO GROUP INCResearch Summary
AI-generated summary of this SEC filing
GEO Group (GEO) SVP Matthew Albence Sells 10,000 Shares
What Happened
Matthew Albence, Senior Vice President, Client Relations at GEO Group (GEO), reported an open-market sale of 10,000 shares of GEO common stock on August 20, 2026. The weighted average sale price was $31.69 per share, for total proceeds of approximately $316,860. This was a sale (S) reported as multiple transactions across a narrow price range.
Key Details
- Transaction date: 2026-08-20 (reported on Form 4 filed 2026-08-24). Filing was timely under the SEC’s two-business-day rule.
- Quantity and price: 10,000 shares sold; weighted average price $31.69. Individual sale prices ranged from $31.660 to $31.740 (see footnote).
- Total proceeds: ~$316,860.
- Shares owned after transaction: Not specified in the details provided.
- Footnote: The reported price is a weighted average; the sale occurred in multiple transactions at prices between $31.660 and $31.740. A per-price breakdown is available upon request from the SEC, the issuer, or a security holder.
Context
This was an outright sale of shares. Sales by insiders are common and can reflect many reasons (portfolio rebalancing, tax planning, liquidity needs) and do not by themselves indicate a change in company fundamentals. For retail investors, purchases typically provide stronger signals than routine sales.