Form 4: CoreCivic EVP & CFO David Garfinkle Sells 25,000 Shares

David Garfinkle, EVP & CFO of CoreCivic, Inc., sold 25,000 shares of common stock at a weighted average price of $13.60 on August 23, 2024.

Summary

• On August 23, 2024, David Garfinkle, the EVP & Chief Financial Officer of CoreCivic, Inc. (CXW), sold 25,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $13.60 per share, with individual trades ranging from $13.48 to $13.71.
• Following the transaction, Garfinkle directly owns 326,528 shares of CoreCivic common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting an insider transaction. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale as slightly negative.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock. Investors often monitor these filings to gain insights into management's perspective on the company's valuation and future prospects.

Stakeholder Impact

• The sale of shares by a high-ranking executive could potentially influence investor sentiment, although the impact is likely to be minimal given the size of the transaction relative to the company's overall market capitalization.

Key Dates