Form 4: Gulfport Energy EVP & CFO Michael Hodges Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Michael Hodges, EVP & CFO of Gulfport Energy, reports the disposition of 1,480 shares of common stock to cover tax obligations related to vested restricted stock units.
Summary
- On April 3, 2024, Michael Hodges, the EVP & CFO of Gulfport Energy Corp, reported a transaction involving the disposition of 1,480 shares of common stock.
- The shares were withheld by Gulfport Energy Corporation to satisfy tax withholding obligations due upon the settlement of previously granted restricted stock units.
- The transaction price was $162.03 per share.
- Following the transaction, Hodges directly owns 14,216 shares of Gulfport Energy Corp.
- The report was filed on April 4, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider transactions, and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates the executive is selling shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Date of transaction: Disposition of shares to cover tax obligations. |
| 04/04/2024 | Date of filing the Form 4 report. |
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