CoreCivic (CXW) EVP Laura Groschen awarded 26,752 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Groschen Laura A reported acquisition or exercise transactions in this Form 4 filing.
CoreCivic, Inc. executive Laura A. Groschen, EVP and Chief Information & Digital Officer, received a grant of 26,752 restricted stock units of common stock. The award was made at no cash cost per unit and increased her directly held total to 77,720 shares.
Each RSU represents the right to receive one share of CoreCivic common stock, vesting in three equal annual installments. Vesting occurs on the later of the first, second, and third anniversaries of the February 17, 2026 grant date or the filing date of the company’s Form 10-K in each respective year.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Groschen Laura A
Role
EVP, Chf Info & Digital Ofcr
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26,752 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 77,720 shares (Direct)
Footnotes (1)
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FAQ
What did CoreCivic (CXW) disclose about Laura A. Groschen in this Form 4?
CoreCivic reported that EVP and Chief Information & Digital Officer Laura A. Groschen received a grant of 26,752 restricted stock units. These RSUs were awarded at no cash cost and increased her directly held total to 77,720 shares of CoreCivic common stock.
What is the vesting schedule for Laura A. Groschen’s CoreCivic (CXW) RSU grant?
The 26,752 RSUs granted to Laura A. Groschen vest in three equal annual installments. Vesting occurs on the later of the first, second, and third anniversaries of the February 17, 2026 grant date or the date CoreCivic files its Form 10-K for each respective year.
Did Laura A. Groschen pay a purchase price for the CoreCivic (CXW) RSUs?
No purchase price was paid for these restricted stock units, as they were granted at a price of $0.0000 per share. The award represents equity-based compensation rather than an open-market share purchase by Laura A. Groschen.