Form 4: CoreCivic Executive Cole G. Carter Donates 10,000 Shares to Charity
SEC Form 4 Filing
CoreCivic's EVP, General Counsel, and Secretary, Cole G. Carter, donated 10,000 shares of common stock to a donor advised fund on May 15, 2024.
Summary
- On May 15, 2024, Cole G. Carter, EVP, General Counsel, and Secretary of CoreCivic, Inc., donated 10,000 shares of CoreCivic common stock to a donor advised fund.
- The transaction was executed at a price of $14.9 per share.
- Following the transaction, Carter directly owns 223,847 shares of CoreCivic common stock.
Sentiment
Score: 6
Explanation: The document itself is neutral, simply reporting a transaction. The charitable donation could be seen as slightly positive, but it's not a major event.
Positives
- The donation to a donor advised fund could be viewed positively from a corporate social responsibility perspective.
Industry Context
Executive stock donations are not uncommon and can be part of personal financial planning and charitable giving strategies. The impact on the company is generally minimal unless the donation is very large.
Stakeholder Impact
- The donation has a minimal direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of the charitable contribution of 10,000 shares of CoreCivic common stock. |
| 05/16/2024 | Date of signature on the Form 4 filing. |
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