Form 4: CoreCivic EVP & CFO David Garfinkle Donates 900 Shares to Charitable Organizations

CoreCivic's Executive Vice President and Chief Financial Officer, David Garfinkle, reported a charitable donation of 900 shares of company common stock, reducing his direct beneficial ownership to 338,931 shares.

Summary

• David Garfinkle, EVP & Chief Financial Officer of CoreCivic, Inc. (CXW), reported a transaction on May 21, 2025.
• The transaction involved the disposition of 900 shares of CoreCivic Common Stock.
• The shares were disposed of at a price of $0 per share, indicating a charitable donation.
• Specifically, 450 shares were donated to St. Bonaventure University and another 450 shares to Junior Achievement of Middle Tennessee.
• Following this transaction, Mr. Garfinkle directly beneficially owns 338,931 shares of CoreCivic Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral. A charitable donation by an executive is a personal financial decision and does not directly reflect on the company's operational performance or financial health. It's a minor reduction in insider ownership but for a positive cause.

Positives

• The transaction represents a philanthropic act by a senior executive, potentially enhancing the company's public image through association with charitable giving.

Negatives

• The disposition of shares, even for charitable purposes, slightly reduces the direct ownership stake of a key executive in the company.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction report and does not provide information relevant to broader industry trends or competitive landscape within the corrections and detention management sector.

Stakeholder Impact

• Shareholders: Minimal impact due to the small number of shares relative to total outstanding shares and the nature of the transaction (donation).
• Employees: No direct impact.
• Customers: No direct impact.
• Suppliers: No direct impact.
• Creditors: No direct impact.

Key Dates

Keywords

CoreCivic, CXW, David Garfinkle, SEC Form 4, Insider Transaction, Share Disposition, Charitable Donation, Executive Ownership, Common Stock