Form 4: CoreCivic CEO Damon T. Hininger Reports Changes in Beneficial Ownership
SEC Form 4 Filing
CoreCivic CEO Damon T. Hininger reports acquisition and disposition of company stock on February 21, 2025, according to a Form 4 filing with the SEC.
Summary
- On February 21, 2025, Damon T. Hininger, CEO of CoreCivic, Inc. [CXW], reported changes in beneficial ownership of the company's common stock.
- Hininger acquired 229,276 shares of common stock at $0.
- He also disposed of 128,505 shares at $18.02 to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following these transactions, Hininger directly owns 951,570 shares of CoreCivic common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an insider, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- Shareholders are informed about the CEO's stock transactions, contributing to transparency.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of stock acquisition and disposition. |
| 02/25/2025 | Date of signature on the report. |
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