Form 4: Director Timothy J. Cutt Receives GPOR Restricted Stock
Statement of Changes in Beneficial Ownership
Director Timothy J. Cutt was granted 1,028 shares of restricted common stock in Gulfport Energy Corp.
Summary
- Director Timothy J. Cutt acquired 1,028 shares of common stock in Gulfport Energy Corp (GPOR).
- The transaction occurred on May 28, 2026.
- The shares were granted as restricted stock under the 2021 Stock Incentive Plan.
- Following this transaction, the director's total beneficial ownership is 29,513 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.
Positives
- Director alignment with shareholder interests through equity-based compensation.
Negatives
- None.
Risks
- None.
Future Outlook
The granted shares are subject to a one-year vesting period, becoming fully vested on May 28, 2027.
Industry Context
StockSavvy.ai notes that equity grants to directors are standard corporate governance practices in the energy sector to ensure long-term alignment between board members and shareholders.
Comparison to Industry Standards
- The use of restricted stock units (RSUs) as a component of director compensation is consistent with standard practices among mid-cap energy exploration and production companies.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity incentive grant.
Next Steps
- Vesting of the 1,028 shares on May 28, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/28/2026 | Date of the restricted stock grant transaction. |
| 05/28/2027 | Vesting date for the granted restricted stock. |
| 06/01/2026 | Date of filing. |
Keywords
Gulfport Energy, GPOR, Form 4, Insider Transaction, Restricted Stock
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