Form 4: Gulfport Energy Director Timothy J. Cutt Reports Stock Transaction

Director Timothy J. Cutt reports disposition of Gulfport Energy Corp shares to cover tax obligations related to vested restricted stock units.

Summary

• On April 29, 2024, Timothy J. Cutt, a director of Gulfport Energy Corp, reported a transaction involving the company's common stock.
• A total of 3,442 shares were disposed of at a price of $164.75.
• This disposition was to satisfy tax withholding obligations related to the settlement of vested restricted stock units.
• Following the transaction, Cutt directly owns 35,309 shares of Gulfport Energy Corp.
• The transaction was reported on April 30, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transaction by a company director to cover tax obligations. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like directors and officers, trade their company's stock. These filings provide transparency into insider transactions, allowing investors to see if those with inside knowledge of the company are buying or selling shares.

Key Dates