Form 4: CoreCivic EVP David Garfinkle Reports Stock Sales
SEC Form 4
CoreCivic's EVP & Chief Financial Officer, David Garfinkle, reported the sale of company stock in two transactions on May 20 and May 21, 2024.
Summary
- David Garfinkle, EVP & Chief Financial Officer of CoreCivic, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 20, 2024, Garfinkle sold 19,900 shares of Common Stock at a weighted average price of $15.18.
- The price for the May 20th sale ranged from $15.11 to $15.25.
- On May 21, 2024, Garfinkle sold 10,100 shares of Common Stock at a weighted average price of $15.33.
- The price for the May 21st sale ranged from $15.30 to $15.36.
- Following these transactions, Garfinkle directly owns 351,528 shares of CoreCivic Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating stock sales by a company executive. It doesn't inherently convey positive or negative sentiment, but the market may interpret insider selling as slightly negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- Shareholders may react to the news of the stock sale, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 05/20/2024 | Garfinkle sold 19,900 shares of CoreCivic stock. |
| 05/21/2024 | Garfinkle sold 10,100 shares of CoreCivic stock. |
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