Form 4: CoreCivic EVP Sells Over 22,000 Shares in Pre-Planned Sales

CoreCivic's EVP and Chief Development Officer, Anthony L. Grande, sold 22,500 shares of common stock in two transactions under a Rule 10b5-1 plan.

Summary

• Anthony L. Grande, Executive Vice President and Chief Development Officer of CoreCivic, Inc. (CXW), reported the sale of common stock.
• On September 8, 2025, Grande sold 10,000 shares at a weighted average price of $19.6482 per share, with prices ranging from $19.635 to $19.6613.
• On September 9, 2025, Grande sold an additional 12,500 shares at a weighted average price of $19.7139 per share, with prices ranging from $19.69 to $19.7297.
• These transactions were executed pursuant to a Rule 10b5-1(c) contract, instruction, or written plan.
• Following these sales, Grande beneficially owns 158,059 shares of CoreCivic common stock.

Sentiment

Score: 4

Explanation: The sentiment is slightly negative due to insider selling, even though it was executed under a pre-planned 10b5-1 program. While not indicative of immediate distress, it represents a reduction in direct executive ownership.

Negatives

• A key executive, the EVP and Chief Development Officer, reduced their direct ownership in the company by selling 22,500 shares.
• While executed under a 10b5-1 plan, insider selling can sometimes be perceived by the market as a lack of confidence or a signal that the insider believes the stock price may not significantly appreciate in the near term.

Future Outlook

NA

Industry Context

This filing reports an individual insider transaction and does not provide broader industry context or trends. It is specific to the personal stock holdings and transactions of a CoreCivic executive.

Related Party Transactions

• The reported transactions involve an executive officer of CoreCivic, Inc. selling company stock, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders may perceive the reduction in executive ownership as a slight negative signal, potentially influencing investor sentiment regarding the company's future prospects.
• Employees are generally not directly impacted by individual executive stock sales, though broader market reaction could indirectly affect morale or stock-based compensation value.

Key Dates

Recommendation

While the sale of shares by a key executive is generally viewed as a negative signal, the fact that these transactions were conducted under a Rule 10b5-1 plan suggests they were pre-scheduled and not necessarily a reaction to new, adverse material information. This mitigates the immediate negative impact. However, the reduction in insider ownership still warrants caution. Without additional company-specific news or broader market context, a 'hold' recommendation is appropriate, advising investors to monitor future developments and the company's performance.

Keywords

CoreCivic, CXW, Insider Selling, Form 4, Executive Stock Sale, Anthony L. Grande, 10b5-1 Plan, Common Stock