Form 4: Gulfport Energy Director Timothy J. Cutt Donates Shares to Charity
SEC Form 4 Filing
Director Timothy J. Cutt donated 4,361 shares of Gulfport Energy Corp common stock to a donor-advised fund on August 29, 2024.
Summary
- On August 29, 2024, Timothy J. Cutt, a director of Gulfport Energy Corp, donated 4,361 shares of common stock.
- The shares were donated to a donor-advised fund for charitable purposes.
- Following the transaction, Cutt directly owns 53,460 shares of Gulfport Energy Corp.
- The transaction was reported on a Form 4 filing with the SEC on September 3, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine disclosure of a share donation.
Positives
- A director is donating shares to charity.
Industry Context
This is a routine disclosure of a transaction by a company insider and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The donation of shares to a donor-advised fund may have a minor positive impact on the charitable organization receiving the funds.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date of the share donation transaction. |
| 09/03/2024 | Date of the Form 4 filing. |
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