George C Zoley Sells 75,000 GEO Shares Over Three Days

George C. Zoley, Executive Chairman and Director of GEO Group Inc. [GEO], recently disclosed a series of transactions involving the sale of company shares. On August 18, 2025, he sold 25,000 shares at a price of $21.04 per share. The following day, on August 19, he sold an additional 25,000 shares at $21.66 per share. Finally, on August 20, he sold 25,000 shares at $21.37 per share. These transactions represent a significant portion of his holdings in the company.

In a recent filing with the U.S. Securities and Exchange Commission (SEC), George C. Zoley, Executive Chairman and Director of GEO Group Inc. [GEO], disclosed a series of transactions involving the sale of company shares. Over three consecutive days in August 2025, Zoley sold a total of 75,000 shares of GEO Group Inc. [GEO]. The transactions, characterized as estate planning, saw Zoley sell 25,000 shares each on August 18, 19, and 20, 2025, at average prices of $21.04, $21.66, and $21.37 per share, respectively.

These transactions represent a significant portion of Zoley's holdings in the company. Prior to the sales, Zoley's beneficial ownership in GEO Group Inc. [GEO] stood at 4,107,853 shares. After the transactions, his direct beneficial ownership decreased to 4,057,853 shares. The filings also disclose that Zoley holds indirect shares through two trusts for his child, totaling 52,400 and 52,450 shares, respectively.

The filings emphasize that the transactions were conducted for estate planning purposes and that Zoley does not have any pecuniary interest or investment control over the trust-held shares. This is a routine disclosure under Section 16 of the Securities Exchange Act of 1934, which requires insiders to report their transactions in company securities.

The sales do not appear to indicate a change in Zoley's investment stance or the company's strategic direction. Rather, they are part of routine estate planning activities. GEO Group Inc. [GEO] continues to operate under its current business model, which relies heavily on federal support for immigration detention and supervision programs.

For investors, this disclosure provides insight into the company's insider trading activities and the level of beneficial ownership held by its executive leadership. It is essential to consider such disclosures as part of a broader evaluation of the company's financial health and future prospects.

References:
[1] https://simplywall.st/stocks/us/commercial-services/nyse-geo/geo-group/news/did-improved-results-and-a-300m-buyback-just-shift-geo-group
[2] https://www.stocktitan.net/sec-filings/GEO/form-4-the-geo-group-inc-insider-trading-activity-e690991d1300.html