Gulfport Energy CEO John Reinhart resigns; Chairman Timothy Cutt leads interim office
Gulfport Energy's President, CEO and director John Reinhart resigned effective immediately, after notifying the board on March 6, 2026. The company said the resignation was not due to any disagreement over operations, policies or practices, and an Office of the Chairman led by Chairman Timothy Cutt will run the company while a search for a new CEO is conducted. The company's press release says its 2026 development plan, outlook and strategy remain unchanged.
Key points
- Reinhart resigned as President, CEO and director effective immediately; he notified the board on March 6, 2026.
- Office of the Chairman led by Timothy Cutt, with Michael Hodges (CFO), Matthew Rucker (COO) and Patrick Craine (Chief Legal and Administrative Officer).
- Cutt will receive an equity award of about $1,000,000 in time-based restricted stock units vesting over three years.
- Hodges, Craine and Rucker signed retention agreements effective March 8, 2026; each payment equals base salary, 50% paid when a new CEO is hired and 50% six months later.
The filing
Written by AI on Nov 8, 2026, 1:49 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 09, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.