Form 4: CoreCivic Executive Lucibeth Mayberry Reports Stock Award and Tax Withholding

Lucibeth Mayberry, EVP and Chief Innovation Officer at CoreCivic, reports the acquisition of shares through a stock award and subsequent disposal to cover tax obligations.

Summary

• On February 21, 2025, Lucibeth Mayberry, EVP and Chief Innovation Officer of CoreCivic, Inc., acquired 72,239 shares of common stock as part of a stock award.
• On the same day, 45,350 shares were disposed of to satisfy tax withholding obligations related to the vesting of restricted stock units.
• The price per share for the tax withholding was $18.02.
• Following these transactions, Mayberry directly owns 278,762 shares of CoreCivic common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects standard executive compensation practices. There are no explicit positive or negative implications for the company's performance.

Positives

• The acquisition of shares through a stock award indicates confidence in the company's future performance.

Negatives

• The disposal of shares to cover tax obligations, while standard, reduces the total number of shares held by the executive.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC when company insiders engage in transactions involving the company's stock. It provides transparency into the trading activities of key executives.

Stakeholder Impact

• Shareholders are informed about insider trading activities, promoting transparency.

Key Dates