CoreCivic (NYSE: CXW) CAO pre-planned sale of 12,500 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreCivic, Inc.’s Chief Administrative Officer Cole G. Carter sold 12,500 shares of Common Stock in an open-market transaction at $21.00 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted by Carter. Following this transaction, he directly holds 215,883 shares, indicating he retains a substantial ongoing equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 12,500 shares ($262,500)
Net Sell
1 txn
Insider
Carter, Cole G.
Role
Chief Administrative Officer
Sold
12,500 shs ($263K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,500 | $21.00 | $263K |
Holdings After Transaction:
Common Stock — 215,883 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 12,500 shares
Sale price: $21.00 per share
Shares held after sale: 215,883 shares
3 metrics
Shares sold
12,500 shares
Open-market sale of Common Stock
Sale price
$21.00 per share
Price for 12,500-share sale
Shares held after sale
215,883 shares
Direct holdings following transaction
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did CoreCivic (CXW) report for Cole G. Carter?
CoreCivic reported that Chief Administrative Officer Cole G. Carter sold 12,500 shares of Common Stock at $21.00 per share. The transaction was an open-market sale executed under a pre-arranged Rule 10b5-1 trading plan.
Was the CoreCivic (CXW) insider sale by Cole G. Carter pre-planned?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Cole G. Carter. Such plans allow insiders to schedule trades in advance, reducing the significance of trade timing.
What type of transaction is reported in the CoreCivic (CXW) Form 4 for Cole G. Carter?
The Form 4 reports an open-market sale of Common Stock by Cole G. Carter. The transaction code is “S,” indicating a sale, and it involved 12,500 shares at $21.00 per share under a Rule 10b5-1 plan.