{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-279667","form_type":"8-K","ticker":"GEO","cik":"0000923796","company_name":"GEO GROUP INC","filed_at":"2024-12-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.408117+00:00","generated_at":"2026-05-29T03:14:14.363424+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"GEO CEO Brian Evans retires; David Donahue named successor; $70M ICE expansion plan","bullets":["CEO Brian Evans retires Dec 31, 2024; separation agreement provides $85,834/month through Dec 2026 and immediate vesting of unvested equity.","J. David Donahue becomes CEO effective Jan 1, 2025; base salary $1M, target annual performance award 100% of salary, two-year term.","Company announces $70M capex investment to expand ICE detention, transportation, and electronic monitoring capabilities.","GEO currently provides ~21,000 detention beds to ICE with census of 14,000; plans to expand to 32,000 beds at 23 facilities.","GEO intends to pursue sale of several underperforming state correctional facilities to offset the $70M investment and reduce debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-279667","json":"https://secwatch.observer/filing/0001193125-24-279667.json","markdown":"https://secwatch.observer/filing/0001193125-24-279667.md","text":"https://secwatch.observer/filing/0001193125-24-279667.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/923796/000119312524279667/0001193125-24-279667-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/923796/000119312524279667/d847086d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T03:14:14.363424+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}