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Zoley, Geo Group executive chairman, sells $1.3 million in stock

Published 10/09/2025, 22:26
Zoley, Geo Group executive chairman, sells $1.3 million in stock
GEO
0.60%

George C. Zoley, Executive Chairman of GEO Group Inc (NYSE:GEO), sold a total of 62,353 shares of common stock on September 4 and 5, 2025, according to a Form 4/A filing with the Securities and Exchange Commission. The sales, which totaled $1,310,921, were executed at weighted average prices ranging from $20.9974 to $21.051. The stock, currently trading near $21.30, has delivered an impressive 60% return over the past year, according to InvestingPro data.

On September 4, Zoley sold 31,177 shares in multiple transactions, with prices ranging from $20.95 to $21.13. The following day, September 5, he sold 31,176 shares in multiple transactions, with prices ranging from $20.7868 to $21.1882.

These transactions were connected to a pre-arranged estate planning strategy that is expected to result in a series of pre-planned transactions involving a total of 155,881 shares held by Zoley.

Following these transactions, Zoley directly owns 3,944,432 shares of common stock and 50,000 restricted shares in GEO Group Inc.

In other recent news, GEO Group Inc. reported its second-quarter 2025 earnings, surpassing analyst expectations. The company’s earnings per share reached $0.22, exceeding the forecast of $0.17. Additionally, GEO Group’s revenue outperformed predictions, totaling $636.2 million compared to the anticipated $621.99 million. In legal developments, the United States Court of Appeals for the Ninth Circuit denied GEO Group’s request for a rehearing in two related cases. These cases involve claims regarding the application of Washington State minimum wage laws to detainees volunteering for work programs at the Northwest ICE Processing Center. The denial of rehearing en banc was met with dissent from six judges, who issued two dissenting opinions. These recent developments provide insight into both the financial performance and legal challenges faced by GEO Group.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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