Form 4: CoreCivic EVP, General Counsel, and Secretary Cole G. Carter Sells 8,000 Shares

Cole G. Carter, EVP, General Counsel, and Secretary of CoreCivic, Inc., sold 8,000 shares of common stock on April 1, 2025, at a price of $20.08 per share, pursuant to a Rule 10b5-1 trading plan.

Summary

• On April 1, 2025, Cole G. Carter, the EVP, General Counsel, and Secretary of CoreCivic, Inc. (CXW), sold 8,000 shares of the company's common stock.
• The transaction was executed at a price of $20.08 per share.
• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan.
• Following the transaction, Carter directly owns 222,872 shares of CoreCivic common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction was conducted under a pre-arranged trading plan, suggesting it was not based on any specific positive or negative information about the company.

Industry Context

Insider sales are a common occurrence and are often related to personal financial planning rather than a negative outlook on the company. However, large or frequent sales can sometimes be viewed negatively by investors.

Stakeholder Impact

• The sale of shares by an executive could have a minor negative impact on shareholder sentiment, although the use of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

CoreCivic, CXW, Cole G. Carter, Form 4, insider trading, Rule 10b5-1, stock sale, securities