Form 4: CoreCivic's COO, Patrick D. Swindle, Sells 15,000 Shares
SEC Form 4 Filing
CoreCivic's Chief Operating Officer, Patrick D. Swindle, executed a sale of 15,000 shares of common stock at a price of $12.4 per share on August 12, 2024.
Summary
- On August 12, 2024, Patrick D. Swindle, the Chief Operating Officer of CoreCivic, Inc. (CXW), sold 15,000 shares of the company's common stock.
- The transaction was executed at a price of $12.4 per share.
- Following the sale, Swindle directly owns 203,504 shares of CoreCivic common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.
Industry Context
Insider transactions are routinely monitored by investors as they can provide insights into management's perspective on the company's valuation and future prospects. However, they do not always indicate a negative outlook, as executives may sell shares for various personal financial reasons.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of transaction: Patrick D. Swindle sold 15,000 shares of CoreCivic common stock. |
| 08/13/2024 | Signature date of the Form 4 filing. |
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