Form 4: Gulfport Energy EVP & CFO Michael Hodges Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Form 4 Filing


Michael Hodges, EVP & CFO of Gulfport Energy, reported disposing of 1,480 shares of common stock to cover tax obligations related to vested restricted stock units.

Summary

  • On April 3, 2025, Michael Hodges, the EVP & CFO of Gulfport Energy Corp, disposed of 1,480 shares of common stock.
  • The transaction was executed to satisfy tax withholding obligations due upon the settlement of previously granted restricted stock units.
  • The shares were sold at a price of $190.68 per share.
  • Following the transaction, Hodges directly owns 16,597 shares of Gulfport Energy Corp.
  • The transaction was reported on April 7, 2025.

Sentiment

Score: 5

Explanation: The document reports a routine transaction related to tax obligations, which is neutral in sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.

Key Dates

DateDescription
04/03/2025Date of transaction: Disposal of 1,480 shares of common stock.
04/07/2025Date of report filing.

Keywords

Gulfport Energy, Michael Hodges, EVP & CFO, Form 4, Stock Disposal, Tax Obligations, Restricted Stock Units, GPOR

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