Form 4: CoreCivic EVP Cole Carter Reports Acquisition of Restricted Stock Units

Cole G. Carter, EVP, General Counsel, and Secretary of CoreCivic, Inc., reports the acquisition of 7,470 restricted stock units (RSUs) on March 17, 2025.

Summary

• On March 17, 2025, Cole G. Carter, EVP, General Counsel, and Secretary of CoreCivic, Inc., acquired 7,470 restricted stock units (RSUs).
• Each RSU represents a contingent right to receive one share of CoreCivic's common stock.
• The RSUs vest in one-third increments on the later of (i) February 18, 2026, 2027, and 2028, or (ii) the date on which the Company's annual report on Form 10-K is filed in each respective year.
• Following the reported transaction, Carter beneficially owns 230,872 shares of CoreCivic common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock units granted to an executive, which is neither particularly positive nor negative.

Positives

• The grant of RSUs to a key executive like Cole Carter can be seen as an incentive to align his interests with those of the shareholders.

Future Outlook

The vesting of the RSUs is contingent upon the filing of the company's annual report on Form 10-K in each respective year, suggesting a link between executive compensation and company performance.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and is common among publicly traded companies. It provides transparency into the equity holdings of company insiders.

Stakeholder Impact

• The RSU grant aligns executive interests with shareholder value, potentially incentivizing performance.

Key Dates

Keywords

CoreCivic, CXW, restricted stock units, RSU, Form 4, insider trading, Cole Carter, executive compensation