CoreCivic (NYSE: CXW) CFO offloads 50,000 shares, keeps 343K
Rhea-AI Filing Summary
CoreCivic, Inc. (CXW) reported that its EVP & Chief Financial Officer, David Garfinkle, sold 50,000 shares of common stock on 2026-08-17 in an open market or private transaction. The shares were sold at a weighted-average price of $33.7647, with individual trade prices ranging from $33.50 to $33.99. After this sale, Garfinkle directly holds 343,353 shares of CoreCivic common stock.
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Insights
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Insider Trade Summary
Net Seller: 50,000 shares
Net Sell
1 txn
Insider
GARFINKLE DAVID
Role
EVP & Chief Financial Officer
Sold
50,000 shs ($1.69M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 50,000 | $33.7647 | $1.69M |
Holdings After Transaction:
Common Stock — 343,353 shares (Direct)
Footnotes (1)
- F1. The price is a weighted average, with the min price ($33.50) and max price ($33.99).
Key Figures
Shares sold: 50,000 shares
Weighted-average sale price: $33.7647 per share
Price range: $33.50–$33.99 per share
+2 more
5 metrics
Shares sold
50,000 shares
Common stock sale by EVP & CFO David Garfinkle on 2026-08-17
Weighted-average sale price
$33.7647 per share
Reported sale price for the 50,000-share transaction
Price range
$33.50–$33.99 per share
Footnote discloses minimum and maximum prices in the aggregated sale
Transaction value (approx.)
$1,688,235
50,000 shares multiplied by the $33.7647 weighted-average price
Shares owned after transaction
343,353 shares
Directly held CoreCivic common stock following the reported sale
Key Terms
weighted average, open market or private transaction, beneficially owned
3 terms
weighted average financial
"The price is a weighted average, with the min price ($33.50) and max price ($33.99)."
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
beneficially owned financial
"total_shares_following_transaction represents shares beneficially owned following the transaction"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did CXW report for David Garfinkle on this Form 4?
CoreCivic (CXW) reported that EVP & CFO David Garfinkle sold 50,000 shares of common stock on 2026-08-17 in an open market or private transaction, according to the Form 4 filing.
Was the CoreCivic (CXW) insider sale under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 plan checkbox is not affirmatively checked for this transaction. The filing does not state that the 50,000-share sale was executed pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.