CoreCivic (CXW) CAO sells 12,500 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreCivic, Inc. Chief Administrative Officer Cole G. Carter sold 12,500 shares of Common Stock in an open-market transaction. The shares were sold at an average price of $18.94 each. After this sale, Carter directly holds 240,883 shares of CoreCivic common stock. The transaction was carried out under a pre-arranged Rule 10b5-1 trading plan adopted by Carter, indicating it was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 12,500 shares ($236,750)
Net Sell
1 txn
Insider
Carter, Cole G.
Role
Chief Administrative Officer
Sold
12,500 shs ($237K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,500 | $18.94 | $237K |
Holdings After Transaction:
Common Stock — 240,883 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 12,500 shares
Sale price: $18.94 per share
Shares owned after sale: 240,883 shares
+2 more
5 metrics
Shares sold
12,500 shares
Open-market sale of CoreCivic Common Stock
Sale price
$18.94 per share
Average price for the 12,500 shares sold
Shares owned after sale
240,883 shares
Direct CoreCivic holdings post-transaction
Transaction code
S (sale)
Non-derivative open-market sale classification
Trading plan
Rule 10b5-1
Sales executed under pre-arranged trading plan
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"The sales reported in this Form 4 were effected"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did CoreCivic (CXW) executive Cole G. Carter report in this Form 4?
Cole G. Carter, CoreCivic’s Chief Administrative Officer, reported an open-market sale of 12,500 shares of Common Stock at $18.94 per share. Following this transaction, he directly holds 240,883 CoreCivic shares, as disclosed in the Form 4 filing.
Was Cole G. Carter’s CoreCivic (CXW) stock sale part of a Rule 10b5-1 trading plan?
Yes. A footnote states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. Such plans pre-schedule trades, indicating the timing was set in advance rather than decided opportunistically.
What type of transaction is reported in Cole G. Carter’s CoreCivic (CXW) Form 4?
The Form 4 reports a non-derivative open-market sale of Common Stock, coded “S” for sale. It is categorized as an open-market sale transaction, rather than an option exercise, gift, or tax-withholding event.