[144] CoreCivic, Inc. SEC Filing

Rhea-AI Filing Summary

CoreCivic, Inc. (CXW) filed a Form 144 notifying a proposed sale of common stock. The notice reports an intended sale of 6,000 shares through Merrill Lynch on NASDAQ with an aggregate market value of $123,120 and company shares outstanding listed as 107,059,948. The securities were acquired on 02/17/2023 in lieu of services from the company (noted as payment for board of director work), with 8,720 shares identified as acquired in that transaction. The filer reports no securities sold in the past three months and includes the standard representation that they do not possess undisclosed material adverse information about the issuer.

Positive

• Filed a compliant Form 144 disclosing the proposed sale, providing transparency to the market.
• Specifies acquisition details: shares acquired 02/17/2023 in lieu of services and notes the consideration as payment for BOD work, clarifying compensation treatment.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider sale notice for a small position; immaterial to company valuation.

The Form 144 documents a proposed brokered sale of 6,000 CoreCivic common shares valued at $123,120. Relative to the reported outstanding shares of 107,059,948, the size is negligible and unlikely to affect market liquidity or share price. The filing notes the shares were originally acquired on 02/17/2023 in lieu of services, indicating compensation-related acquisition rather than open-market purchase. No prior sales in the past three months are reported, which reduces the appearance of an ongoing disposal program. Overall, this is a compliance disclosure with limited material impact for investors.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; provides clarity on director compensation conversion to equity.

The notice specifies the nature of acquisition as 'in lieu of services' and cites payment for board work, which clarifies the governance-related compensation mechanism. Filing via a major broker and the attestation about absence of undisclosed material information follow standard disclosure protocols. Because the transaction size is modest and no recent sales were reported, the filing raises no immediate governance red flags but does document insider monetization of equity compensation.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Merrill Lynch 200 Park Avenue, 13th Floor New York NY 10166	6000	123120.00	107059948	09/09/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	02/17/2023	In lieu of services	Acquired directly from the company			8720	02/17/2023	Payment for BOD work.

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does CoreCivic's (CXW) Form 144 disclose?

The filing discloses a proposed sale of 6,000 common shares via Merrill Lynch on NASDAQ with an aggregate market value of $123,120.

When were the shares being sold by the CXW filer acquired?

The shares were acquired on 02/17/2023 in lieu of services, noted as payment for board of director work.

How large is the proposed sale relative to CoreCivic's outstanding shares?

The proposed sale of 6,000 shares is small versus the reported 107,059,948 shares outstanding, indicating immaterial size.

Did the filer report any securities sold in the past three months?

The Form 144 states Nothing to Report for securities sold during the past three months.

Through which broker will the sale be executed?

The sale is listed to be executed through Merrill Lynch, 200 Park Avenue, New York, NY.