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 $19.99 per share on February 3, 2025, 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 on February 3, 2025.
• The sale was executed at a price of $19.99 per share.
• This transaction was conducted under a pre-established Rule 10b5-1 trading plan.
• Following the sale, Carter directly owns 175,847 shares of CoreCivic stock.

Sentiment

Score: 5

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

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider trading activity.
• The use of a 10b5-1 trading plan is a common method for executives to sell shares while avoiding accusations of insider trading.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but it is unlikely to significantly affect the company's operations or financial health.

Key Dates

Keywords

CoreCivic, insider trading, stock sale, Form 4, Rule 10b5-1, executive, equity securities