Form 4: CoreCivic Director Sells 20,000 Shares in Open Market Transaction
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
| Date | Description |
|---|---|
| 11/13/2024 | Date of the stock sale transaction. |
| 11/14/2024 | Date 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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