CoreCivic (CXW) CFO gets 62,781-share grant, withholds 41,145 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreCivic, Inc. executive vice president and chief financial officer David Garfinkle reported two stock transactions involving company common shares. He received a grant or award of 62,781 shares of common stock, increasing his direct holdings.
On the same date, 41,145 shares of common stock were disposed of at $16.74 per share to cover tax withholding obligations tied to the vesting of restricted stock units, as stated in the footnote. After these transactions, Garfinkle directly held 397,614 shares of CoreCivic common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
GARFINKLE DAVID
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 62,781 | $0.00 | -- |
| Tax Withholding | Common Stock | 41,145 | $16.74 | $689K |
Holdings After Transaction:
Common Stock — 438,759 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did CoreCivic (CXW) CFO David Garfinkle report?
David Garfinkle reported a grant of 62,781 CoreCivic common shares and a related disposition of 41,145 shares. The disposition covered tax withholding obligations from restricted stock unit vesting, leaving him with 397,614 directly owned shares after the transactions.
What type of acquisition did the CoreCivic (CXW) CFO report on this Form 4?
The Form 4 lists the acquisition as a grant or award of 62,781 CoreCivic common shares. The transaction carried a reported price of $0.00 per share, consistent with stock-based compensation rather than a purchase in the open market or through a private transaction.