Form 4: CoreCivic Executive Lucibeth Mayberry Reports Acquisition of Restricted Stock Units

Lucibeth Mayberry, EVP and Chief Innovation Officer at CoreCivic, reports the acquisition of 7,470 restricted stock units (RSUs) on March 17, 2025.

Summary

• Lucibeth Mayberry, EVP and Chief Innovation Officer of CoreCivic, filed a Form 4 on March 19, 2025.
• The report details the acquisition of 7,470 shares of Common Stock through restricted stock units (RSUs) on March 17, 2025.
• The RSUs were granted on March 17, 2025, and each RSU represents a contingent right to receive one share of CoreCivic's common stock.
• The RSUs vest in one-third increments on the later of (i) February 18, 2026, 2027, and 2028, or (ii) the date on which the Company's annual report on Form 10-K is filed in each respective year.
• Following the transaction, Mayberry beneficially owns 286,232 shares of CoreCivic common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The acquisition of RSUs by an executive is generally a positive sign, indicating confidence in the company's future. However, it's a routine transaction.

Positives

• The acquisition of RSUs by a key executive signals confidence in the company's future performance.

Future Outlook

The vesting schedule of the RSUs provides a long-term incentive for the executive.

Industry Context

Form 4 filings are routine disclosures that provide transparency into the trading activities of company insiders, offering insights into management's perspective on the company's stock.

Stakeholder Impact

• The vesting schedule of the RSUs aligns the executive's interests with those of the shareholders.

Key Dates

Keywords

CoreCivic, Lucibeth Mayberry, RSU, Restricted Stock Units, Form 4, Beneficial Ownership, CXW, Executive Compensation