Quarterly report pursuant to Section 13 or 15(d)

RESTRUCTURING COSTS

v3.23.2
RESTRUCTURING COSTS
6 Months Ended
Jun. 30, 2023
Restructuring and Related Activities [Abstract]  
RESTRUCTURING COSTS RESTRUCTURING COSTSDuring the three and six months ended June 30, 2023, Gulfport recognized $2.9 million and $4.8 million, respectively, 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, $0.8 million and $1.3 million, for the three and six months ended June 30, 2023, respectively, resulted from accelerated vesting of certain share-based grants, which are non-cash charges. As of June 30, 2023, there were no remaining employee termination liabilities for the impacted employees.