Form 4: CoreCivic Director Emkes Receives Stock Grant
SEC Form 4 Filing
Director Mark A. Emkes of CoreCivic, Inc. reports acquisition of 8,098 shares of common stock through restricted stock units.
Summary
- Mark A. Emkes, a director at CoreCivic, Inc., filed a Form 4 on February 20, 2025, reporting a transaction.
- On February 19, 2025, Emkes acquired 8,098 shares of CoreCivic common stock through the grant of restricted stock units (RSUs).
- These RSUs vest in full on the first anniversary of the grant date, contingent upon continued service with CoreCivic.
- Following the reported transaction, Emkes beneficially owns 157,362 shares of CoreCivic common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Positives
- The grant of restricted stock units to a director aligns their interests with those of the shareholders, incentivizing them to work towards the company's success.
Future Outlook
The restricted stock units vest in full on the first anniversary of the grant date, subject to continued service with the Issuer through such vesting date.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders.
Stakeholder Impact
- The stock grant aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of the transaction: Grant of restricted stock units. |
| 02/20/2025 | Date of Form 4 filing. |
Keywords
CoreCivic, Director, Emkes, Stock, RSU, CXW, Form 4, Beneficial Ownership
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