CoreCivic (CXW) CAO 10b5-1 sale leaves 203,383 shares held
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreCivic, Inc. Chief Administrative Officer Cole G. Carter reported an open-market sale of 12,500 shares of common stock at a weighted average price of $30.46 per share. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Following this sale, Carter directly holds 203,383 shares of CoreCivic common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 12,500 shares ($380,750)
Net Sell
1 txn
Insider
Carter, Cole G.
Role
Chief Administrative Officer
Sold
12,500 shs ($381K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,500 | $30.46 | $381K |
Holdings After Transaction:
Common Stock — 203,383 shares (Direct, null)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $30.42 to $30.54, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
Key Figures
Shares sold: 12,500 shares
Average sale price: $30.46 per share
Price range: $30.42 to $30.54
+3 more
6 metrics
Shares sold
12,500 shares
Open-market sale of common stock
Average sale price
$30.46 per share
Weighted average sale price reported
Price range
$30.42 to $30.54
Range of prices for multiple sale transactions
Shares held after sale
203,383 shares
Direct ownership following the reported transaction
Form type
Form 4
Insider transaction report for CoreCivic, Inc.
Trading plan type
Rule 10b5-1 plan
Pre-arranged plan governing the reported sales
Key Terms
Rule 10b5-1 trading plan, Form 4, weighted average price, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person."
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.
Form 4 regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person."
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.
FAQ
What insider transaction did CoreCivic (CXW) report for Cole G. Carter?
CoreCivic reported that Chief Administrative Officer Cole G. Carter sold 12,500 shares of common stock in an open-market transaction at a weighted average price of $30.46 per share, as disclosed in a Form 4 insider trading report.
Was Cole G. Carter’s CoreCivic (CXW) stock sale under a Rule 10b5-1 plan?
Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Carter. Such plans allow insiders to pre-schedule trades, helping separate trading decisions from day-to-day company developments.
What role does Cole G. Carter hold at CoreCivic (CXW)?
Cole G. Carter serves as Chief Administrative Officer at CoreCivic, Inc. His position is identified in the insider trading report, which notes he is an officer of the company but not a director or ten percent owner.