Form 4: CoreCivic President & COO Patrick D. Swindle Sells 23,000 Shares

Patrick D. Swindle, President & COO of CoreCivic, Inc., sold 23,000 shares of common stock at an average price of $22.39 on May 20, 2025.

Summary

• On May 20, 2025, Patrick D. Swindle, the President & COO of CoreCivic, Inc. (CXW), sold 23,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $22.39 per share.
• The prices for individual transactions ranged from $22.33 to $22.44.
• Following the transaction, Swindle directly owns 241,630 shares of CoreCivic common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment. This is a standard disclosure of an insider stock sale. The impact on investor sentiment depends on the broader context and the individual's reasons for selling.

Industry Context

This Form 4 filing indicates insider trading activity, which is common and closely monitored. Investors often look at these filings to gauge management's sentiment about the company's prospects. A sale of shares by a high-ranking officer like the President & COO can sometimes be interpreted negatively, but it's important to consider the context and the individual's overall holdings.

Stakeholder Impact

• The sale of shares by a high-ranking officer could potentially influence investor sentiment, although the impact is likely to be minimal given the size of the transaction relative to the company's overall market capitalization.

Key Dates

Keywords

CoreCivic, CXW, Patrick D. Swindle, stock sale, Form 4, insider trading, President & COO, securities