Form 4: Gulfport Energy SVP Receives Restricted Stock Grant
Statement of Changes in Beneficial Ownership
Michael Sluiter, SVP of Reservoir Engineering at Gulfport Energy, was granted 1,307 shares of restricted stock.
Summary
- Michael Sluiter, SVP of Reservoir Engineering at Gulfport Energy Corp (GPOR), acquired 1,307 shares of common stock.
- The shares were granted as restricted stock under the company's 2021 Stock Incentive Plan.
- The transaction occurred on May 28, 2026, at a price of $0 per share.
- Following this transaction, the reporting person's total beneficial ownership is 10,338 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding executive compensation, which is neutral in terms of immediate market impact.
Positives
- The grant of restricted stock aligns the interests of the SVP of Reservoir Engineering with those of shareholders.
Negatives
- None identified.
Risks
- The vesting of these shares is subject to the terms of the 2021 Stock Incentive Plan.
Future Outlook
The restricted stock is scheduled to vest in one installment beginning on May 28, 2027.
Industry Context
StockSavvy.ai notes that equity-based compensation for senior executives is a standard practice in the energy sector to ensure long-term retention and alignment with corporate performance goals.
Comparison to Industry Standards
- The use of restricted stock units (RSUs) as a component of executive compensation is consistent with standard corporate governance practices among publicly traded energy companies like EQT Corporation or Chesapeake Energy.
Stakeholder Impact
- Shareholders may view the equity grant as a standard retention mechanism for key technical leadership.
Next Steps
- Vesting of the 1,307 restricted shares on May 28, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/28/2026 | Date of the restricted stock grant transaction. |
| 05/28/2027 | Vesting date for the granted restricted stock. |
| 06/01/2026 | Date of filing. |
Keywords
Gulfport Energy, GPOR, Form 4, Insider Transaction, Restricted Stock, Equity Compensation
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