DELL'OSSO DOMENIC J JR 4
Research Summary
AI-generated summary
Gulfport Energy CEO Domenic Dell'Osso Receives Restricted Stock Award
What Happened
- Domenic J. Dell'Osso Jr., President & CEO and director of Gulfport Energy Corp (GPOR), received a grant of 22,749 restricted shares on May 28, 2026. The grant was reported on a Form 4 filed June 1, 2026. The grant price is recorded as $0 on the Form 4 (an award under the company plan, not an open‑market purchase).
Key Details
- Transaction type: Award/Grant (Form 4 code A).
- Transaction date: May 28, 2026; Form 4 filed June 1, 2026.
- Shares granted: 22,749 restricted shares; reported acquisition value on Form 4 = $0.
- Vesting: Per footnote, shares vest in three approximately equal annual installments beginning May 28, 2027 (subject to the 2021 Stock Incentive Plan).
- Shares owned after transaction: Not disclosed in the provided filing.
- Timeliness: The Form 4 was filed more than two business days after the May 28 transaction, so this filing appears late (reduces immediate transparency).
Context
- This was a compensation grant, not a market purchase or sale. Restricted stock awards are typically subject to vesting and forfeiture conditions until vested, so they do not represent immediately liquid ownership.
- Such grants are common for executive compensation to align management with shareholder interests; they do not by themselves indicate a buy/sell market signal.