GEO Group CEO George Zoley Gifts 300,000 Shares to Grandchildren's Trusts

George C. Zoley, Chairman and CEO of GEO Group Inc, filed a Form 4 disclosing the gift of 300,000 shares of common stock to trusts established for his grandchildren. On June 4, 2026, Zoley transferred 100,000 shares each to three separate trusts: the George Meehan 2026 Trust, Olivia Meehan 2026 Trust, and Alexander Meehan 2026 Trust. These were bona fide gifts with a transaction price of $0 per share. Following the transactions, Zoley's direct ownership decreased to 3,702,529 shares, while he maintains 250,000 restricted shares. The trusts are managed by Zoley's spouse as trustee, and Zoley has no pecuniary interest or investment control over the gifted shares. This represents a significant estate planning transaction by the company's top executive.