Form 4: Gulfport Energy CEO Vests RSUs, Sells Shares for Tax

Gulfport Energy's President & CEO, John K. Reinhart, vested 54,558 performance-based restricted stock units and subsequently disposed of 24,098 shares to cover tax obligations.

Summary

• John K. Reinhart, President & CEO and Director of Gulfport Energy Corp (GPOR), reported changes in his beneficial ownership.
• On January 2, 2026, Mr. Reinhart acquired 54,558 shares of common stock through the vesting of performance-based restricted stock units (RSUs).
• These RSUs were granted on January 24, 2023, for a performance period from January 1, 2023, to December 31, 2025, and vested upon certification by the issuer's compensation committee.
• Concurrently, 24,098 shares of common stock were disposed of to satisfy tax withholding obligations related to the RSU vesting.
• The shares withheld for tax were valued at $207.99 per share, based on the closing price on December 31, 2025.
• Following these transactions, Mr. Reinhart beneficially owns 72,018 shares of Gulfport Energy common stock directly.

Sentiment

Score: 6

Explanation: The vesting of performance-based restricted stock units is a positive indicator of management meeting performance targets. The subsequent sale of shares for tax purposes is a routine event and does not reflect a change in sentiment, leading to a slightly positive overall sentiment.

Positives

• The vesting of 54,558 performance-based restricted stock units indicates that the company's compensation committee certified the achievement of applicable performance conditions for the period ending December 31, 2025.

Negatives

• A total of 24,098 shares were disposed of to cover tax withholding obligations, reducing the direct beneficial ownership of the reporting person.

Future Outlook

NA

Industry Context

NA

Corporate Governance

Stakeholder Impact

• Shareholders: The vesting of performance-based RSUs may be viewed positively as it indicates management achieved specific performance targets, aligning executive incentives with shareholder value creation. The tax-related sale is a routine event.

Key Dates

Recommendation

This Form 4 reports a routine insider transaction involving the vesting of performance-based restricted stock units and the subsequent sale of shares to cover tax obligations. Such transactions are typically pre-scheduled and do not inherently signal a change in the company's fundamental outlook or the insider's long-term sentiment, thus warranting a 'hold' recommendation.

Keywords

GPOR, Gulfport Energy, John K. Reinhart, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, CEO, Equity Incentive Plan