CoreCivic (CXW) CEO Patrick Swindle awarded 53,547 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Swindle, Patrick D. reported acquisition or exercise transactions in this Form 4 filing.
CoreCivic, Inc. reported that President & CEO Patrick D. Swindle received an equity award of 53,547 restricted stock units (RSUs) on February 17, 2026. Each RSU represents a right to receive one share of CoreCivic common stock at a later date.
The RSUs vest in three equal annual installments. Vesting occurs on the later of the first, second, and third anniversaries of the grant date or the date the company files its annual report on Form 10-K for each respective year. After this grant, Swindle directly owns 295,177 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Swindle, Patrick D.
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 53,547 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 295,177 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CoreCivic (CXW) report for Patrick D. Swindle?
CoreCivic reported that President & CEO Patrick D. Swindle received a grant of 53,547 restricted stock units. These RSUs were awarded on February 17, 2026 and increase his directly held common stock position to 295,177 shares after the transaction.
How many restricted stock units did the CoreCivic (CXW) CEO receive?
Patrick D. Swindle received 53,547 restricted stock units from CoreCivic. Each unit represents a contingent right to one share of common stock, providing equity-based compensation that ties his potential future ownership to the company’s long-term performance and continued service.
What is the vesting schedule for Patrick Swindle’s CoreCivic RSU grant?
The 53,547 RSUs vest in three equal annual installments. Each tranche vests on the later of the first, second, and third anniversaries of the February 17, 2026 grant date or the filing date of CoreCivic’s Form 10-K for each respective year.
Does Patrick Swindle pay a price for the CoreCivic RSU grant?
The Form 4 lists a price per share of $0.00 for the 53,547 RSUs, indicating they were granted as equity compensation rather than purchased in the open market. Value to the executive depends on future CoreCivic share price at vesting and settlement.
What does each CoreCivic RSU granted to Patrick Swindle represent?
Each RSU granted to Patrick D. Swindle represents a contingent right to receive one share of CoreCivic common stock. Delivery of those shares depends on satisfaction of the vesting schedule tied to anniversaries of the grant and the company’s Form 10-K filings.