CoreCivic (CXW) director receives 8,351-share restricted stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lappin Harley G. reported acquisition or exercise transactions in this Form 4 filing.
CoreCivic, Inc. director Harley G. Lappin reported an equity compensation grant of 8,351 shares of common stock in the form of restricted stock units. The units were granted on February 18, 2026 at a stated price of $0.00 per share as a non-cash award.
Each restricted stock unit represents the right to receive one share of CoreCivic common stock, vesting in full on the first anniversary of the grant date, subject to Mr. Lappin’s continued service with the company. Following this grant, he directly holds 75,360 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lappin Harley G.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,351 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 75,360 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CoreCivic (CXW) disclose for Harley G. Lappin?
CoreCivic reported that director Harley G. Lappin received a grant of 8,351 restricted stock units on February 18, 2026. Each unit represents one share of common stock, vesting after one year of continued service with the company.
Was Harley G. Lappin’s CoreCivic (CXW) Form 4 transaction a purchase or a grant?
The Form 4 shows an equity grant, not an open-market purchase. Harley G. Lappin acquired 8,351 shares through a restricted stock unit award with a stated price of $0.00 per share as part of his director compensation.
When do Harley G. Lappin’s restricted stock units in CoreCivic (CXW) vest?
The restricted stock units granted to Harley G. Lappin vest in full on the first anniversary of the February 18, 2026 grant date. Vesting is contingent on his continued service with CoreCivic through that one-year vesting date.
What does the Form 4 say about the structure of Harley G. Lappin’s CoreCivic (CXW) RSU award?
The Form 4 notes that each restricted stock unit granted to Harley G. Lappin represents a contingent right to receive one share of CoreCivic common stock. The award is a non-cash grant that fully vests after one year of continued service.