Craine Patrick K.

Patrick K. Craine sold 11,929 shares of GPOR at $191.87; stock now $185.26, down 14.5% in 30 days after $2.3M sale

Patrick K. Craine, CLAO and Corporate Secretary, sold 11,929 shares (approximately 49.2% of his prior holdings) at $191.87 on 2026-01-05 for $2,288,817.23. The stock has since declined to $185.26, down 14.5% over the subsequent 30 days—a reversal that contrasts sharply with his historical cross-ticker track record, where 37.50% of his prior sells have been well-timed (subsequent 90-day declines). At GPOR specifically, his timing record is mixed: three consecutive sales on 2024-08-12 yielded positive 30- and 90-day returns (poorly timed), while two sales on 2024-05-20 preceded declines (well-timed). Compounding the signal, GPOR's fundamentals are strained: annual revenue contracted 46.5%, the company was unprofitable over its most recent full fiscal year, and the stock trades at a P/E of 161.10. The magnitude of this sale—nearly half his position—coupled with deteriorating fundamentals and early post-transaction price weakness, warrants attention to whether this reflects emerging company headwinds.

GPOR CFO/Corp Secretary Craine sells 7,774 shares ($1.1M) in 3 separate transactions; retains 17,577 shares post-sale.

Patrick K. Craine, CLAO and Corporate Secretary at Gulfport Energy, executed 3 separate sales totaling 7,774 shares for $1,090,224.72 on 2024-08-12 at blended average price $140.24. This represents a 30.7% reduction in his holdings, from 25,351 to 17,577 shares. His prior open-market sales across all tickers show an average 90-day return of +23.0%, indicating his past sells have generally preceded stock gains rather than declines. At this specific ticker, his 2 measurable prior sales (May 2024) showed negative 30-day returns of -3.6% and -4.1%, with outcomes at the 90-day mark still developing. The stock has declined 10.9% over the past 30 days and 8.7% over 90 days from the trade date, trading at $141.75 versus a 52-week high of $164.75. While Gulfport shows strong revenue growth of 34.6% year-over-year, the company posted a net loss of $26.2M in the latest quarter, and the P/E of 2.92 reflects depressed earnings. The substantial reduction in insider holdings warrants monitoring of the company's operational trajectory and near-term capital allocation decisions.