Form 4: CoreCivic Executive Anthony L. Grande Reports Stock Award and Tax Withholding

Anthony L. Grande, EVP and Chief Development Officer of CoreCivic, Inc., reports the acquisition of shares through a stock award and subsequent disposal to cover tax obligations.

Summary

• On February 21, 2025, Anthony L. Grande, EVP and Chief Development Officer of CoreCivic, Inc., acquired 73,279 shares of common stock through an award.
• On the same day, 46,361 shares were disposed of at a price of $18.02 to cover tax withholding obligations related to the vesting of restricted stock units.
• Following these transactions, Grande directly owns 183,089 shares of CoreCivic common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as the transactions are routine and related to compensation and tax obligations. The acquisition is a positive sign, but the disposal is a standard procedure.

Positives

• The acquisition of 73,279 shares indicates continued investment in the company by a key executive.

Negatives

• The disposal of 46,361 shares, while for tax purposes, reduces the executive's holdings.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with company performance.

Comparison to Industry Standards

• Form 4 filings are a standard regulatory requirement for publicly traded companies in the United States, ensuring transparency in insider trading activities.
• Similar filings are made by executives at companies like The GEO Group and Serco, providing insights into their stock ownership and transactions.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive stock ownership.
• The tax withholding impacts the executive's net compensation.

Key Dates