Form 4: CoreCivic Director Sells 20,000 Shares in Open Market Transaction

Sentiment:

SEC Form 4 Filing


CoreCivic director Robert J. Dennis sold 20,000 shares of common stock at a weighted average price of $22.0044 on November 13, 2024.

Summary

  • Robert J. Dennis, a director at CoreCivic, Inc., sold 20,000 shares of the company's common stock on November 13, 2024.
  • The sale was executed in multiple trades with prices ranging from $21.5550 to $22.5200 per share.
  • The weighted average price for the sale was $22.0044 per share.
  • Following the transaction, Mr. Dennis directly owns 76,328 shares of CoreCivic common stock.

Sentiment

Score: 5

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

Industry Context

This is a routine Form 4 filing related to an insider transaction and is typical for publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies, and this transaction is consistent with typical insider trading activity.
  • There are no specific industry benchmarks to compare this transaction to, as it is an individual director's sale of shares.

Stakeholder Impact

  • The sale of shares by a director may have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.

Key Dates

DateDescription
11/13/2024Date of the stock sale transaction.
11/14/2024Date of the signature on the Form 4 filing.

Keywords

CoreCivic, CXW, insider trading, stock sale, Robert J. Dennis, director, Form 4

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