Form 4: CoreCivic Executive Sells 8,000 Shares Under 10b5-1 Trading Plan

CoreCivic's EVP, General Counsel, and Secretary, Cole G. Carter, sold 8,000 shares of common stock at $21.77 per share under a pre-arranged 10b5-1 trading plan.

Summary

• Cole G. Carter, an executive at CoreCivic, sold 8,000 shares of the company's common stock.
• The sale occurred on January 2, 2025, at a price of $21.77 per share.
• This transaction was executed under a pre-established Rule 10b5-1 trading plan.
• Following the sale, Carter directly owns 183,847 shares of CoreCivic common stock.

Sentiment

Score: 5

Explanation: The document is a routine filing of an executive stock sale under a pre-arranged plan, indicating a neutral sentiment.

Industry Context

Executive stock sales are a common occurrence and are often part of pre-planned trading strategies. This transaction is not unusual for a company like CoreCivic.

Comparison to Industry Standards

• Executive stock sales are a normal part of corporate activity across all industries.
• Rule 10b5-1 plans are a common method for executives to sell shares while avoiding accusations of insider trading.
• The volume of shares sold is not unusual for an executive at a company of CoreCivic's size.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but is unlikely to have a significant effect on the company's operations or value.

Key Dates

Keywords

CoreCivic, CXW, insider trading, stock sale, Rule 10b5-1, executive, Cole G. Carter, securities