Form 4: CoreCivic COO Patrick Swindle Sells 15,000 Shares

CoreCivic's Chief Operating Officer, Patrick D. Swindle, sold 15,000 shares of common stock on March 14, 2024, at a weighted average price of $14.5958.

Summary

• Patrick D. Swindle, the Chief Operating Officer of CoreCivic, Inc. (CXW), reported a transaction involving the sale of company stock.
• On March 14, 2024, Swindle sold 15,000 shares of CoreCivic common stock.
• The sale was executed at a weighted average price of $14.5958 per share.
• The prices for the shares sold ranged from $14.5907 to $14.63.
• Following the transaction, Swindle directly owns 218,504 shares of CoreCivic common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, reporting an insider transaction. It doesn't inherently convey positive or negative sentiment, but the sale of shares could be perceived neutrally or slightly negatively depending on the investor's perspective.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's future prospects. A sale of shares by a high-ranking officer like the COO may be interpreted in various ways, but it's essential to consider the overall context and the individual's personal financial situation.

Stakeholder Impact

• Shareholders may react to the news of the COO selling shares, potentially impacting the stock price.

Key Dates