Form 4: CoreCivic EVP, General Counsel, and Secretary Cole G. Carter Sells 8,000 Shares
SEC Form 4 Filing
Cole G. Carter, EVP, General Counsel, and Secretary of CoreCivic, Inc., sold 8,000 shares of common stock on September 3, 2024, at a weighted average price of $13.28.
Summary
- On September 3, 2024, Cole G. Carter, the EVP, General Counsel, and Secretary of CoreCivic, Inc., sold 8,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $13.28 per share.
- The total number of shares beneficially owned by Carter following the transaction is 215,847.
- The sale was conducted under a Rule 10b5-1 trading plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of transaction: Cole G. Carter sold 8,000 shares of CoreCivic common stock. |
| 09/04/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.