Form 4: CoreCivic Director Anne L. Mariucci Sells 10,000 Shares

CoreCivic director Anne L. Mariucci sold 10,000 shares of common stock at a weighted average price of $24.00 per share on November 11, 2024.

Summary

• Anne L. Mariucci, a director at CoreCivic, Inc., sold 10,000 shares of the company's common stock on November 11, 2024.
• The sale was executed in multiple trades at prices ranging from $24.00 to $24.0001 per share.
• The weighted average sale price was $24.00 per share.
• Following the transaction, Ms. Mariucci directly owns 101,936 shares of CoreCivic common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a director, with no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• Similar filings are made by directors and officers of other companies listed on the NYSE and NASDAQ, such as those in the real estate and REIT sectors, including companies like Vornado Realty Trust (VNO) and Boston Properties (BXP).
• The volume of shares sold is relatively small compared to the total outstanding shares of CoreCivic, and is not unusual for director transactions.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial position.

Key Dates

Keywords

CoreCivic, CXW, insider trading, stock sale, director, Form 4, Anne L. Mariucci