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Midas Edge

GULFPORT ENERGY CORP

For the period ended Dec 31, 2024. Filed Feb 26, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 26, 2025

GPOR$150.00-3.3%Stored close · as of Nov 6, 2026
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Contents

13. Restructuring Costs

  1. RESTRUCTURING COSTS

During the year ended December 31, 2023, Gulfport recognized $4.8 million in personnel-related restructuring expenses associated with changes in the organizational structure and leadership team resulting from the appointment of Gulfport's new CEO in January 2023. Of these expenses, $1.3 million resulted from accelerated vesting of certain share-based grants, which are non-cash charges. The organizational changes were completed in the second quarter of 2023 and there are no remaining employee termination liabilities associated with these changes.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.