Form 4: CoreCivic CEO Damon Hininger Sells Shares
SEC Form 4 Filing
CoreCivic's President and CEO, Damon T Hininger, sold 31,996 shares of common stock on August 14, 2024.
Summary
- On August 14, 2024, Damon T Hininger, the President and CEO of CoreCivic, Inc. (CXW), sold 31,996 shares of the company's common stock.
- The sale was executed at a weighted average price of $12.5 per share.
- Following the transaction, Hininger directly owns 788,266 shares of CoreCivic common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard disclosure of an insider stock sale. The impact on sentiment depends on the investor's interpretation of the reasons behind the sale.
Industry Context
This is a routine disclosure of an insider transaction. It's important to monitor insider activity as it can sometimes provide insights into management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- The sale of shares by the CEO could potentially influence investor sentiment, depending on the size of the sale and the context.
Key Dates
| Date | Description |
|---|---|
| 08/14/2024 | Date of the stock sale transaction. |
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