Form 4: Gulfport Energy Corp. Officer Patrick K. Craine Sells Shares
SEC Form 4
Patrick K. Craine, CLAO and Corporate Secretary of Gulfport Energy Corp., sold a total of 5,000 shares of common stock in multiple transactions on May 12 and 13, 2025.
Summary
- On May 12, 2025, Patrick K. Craine, CLAO and Corporate Secretary of Gulfport Energy Corp., sold 1,800 shares of common stock at a weighted average price of $193.55.
- An additional 1,000 shares were sold on the same day at a weighted average price of $194.57.
- Craine sold another 2,000 shares on May 12, 2025, at a weighted average price of $196.59.
- On May 13, 2025, Craine sold 200 shares at $197.37.
- Following these transactions, Craine directly owns 12,340 shares of Gulfport Energy Corp. common stock.
Sentiment
Score: 4
Explanation: The sentiment is neutral to slightly negative. It reflects insider selling, which can sometimes be interpreted negatively, but without additional context, it's difficult to draw strong conclusions.
Industry Context
This Form 4 filing indicates insider selling activity, which is a common occurrence. Investors often monitor such filings to gauge management's sentiment about the company's prospects, although sales can be for various personal financial reasons and don't always indicate a negative outlook.
Stakeholder Impact
- Shareholders may react to the insider selling activity, potentially leading to short-term price fluctuations.
- The impact on employees, customers, suppliers, and creditors is likely minimal unless the selling signals a broader concern about the company's financial health.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Patrick K. Craine sold 1,800 shares of common stock at a weighted average price of $193.55. |
| 05/12/2025 | Patrick K. Craine sold 1,000 shares of common stock at a weighted average price of $194.57. |
| 05/12/2025 | Patrick K. Craine sold 2,000 shares of common stock at a weighted average price of $196.59. |
| 05/13/2025 | Patrick K. Craine sold 200 shares of common stock at $197.37. |
| 05/14/2025 | Date of signature for the Form 4 filing. |
Keywords
Gulfport Energy Corp, GPOR, Patrick K. Craine, Stock Sale, Form 4, Insider Trading, Securities Exchange Act
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