CoreCivic (CXW) grants 28,090 RSUs to Chief Corrections Officer Swenson
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreCivic, Inc. reported that Chief Corrections Officer Daren Swenson acquired 28,090 shares of common stock through a restricted stock unit (RSU) award granted on February 17, 2026. Each RSU represents a contingent right to receive one share of CoreCivic common stock at no cash cost.
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 in each respective year. Following this award, Swenson holds 156,450 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Swenson Daren
Role
Chief Corrections Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,090 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 156,450 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CoreCivic (CXW) report for Daren Swenson?
CoreCivic reported that Chief Corrections Officer Daren Swenson received an award of 28,090 restricted stock units. Each RSU represents a contingent right to one share of CoreCivic common stock, increasing his directly held common stock position to 156,450 shares after the grant.
What type of equity award did CoreCivic (CXW) grant to Daren Swenson?
CoreCivic granted Daren Swenson restricted stock units (RSUs) linked to its common stock. Each RSU equals a contingent right to one share, with no cash paid at grant, aligning compensation with future share delivery based on the vesting schedule outlined in the award terms.
When do Daren Swenson’s CoreCivic (CXW) RSUs vest?
The RSUs vest in one‑third increments over three years. Each tranche vests 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.
Was Daren Swenson’s CoreCivic (CXW) RSU grant a market purchase or sale?
The transaction is classified as a grant or award acquisition, not a market trade. The RSUs were issued at a stated price of $0.00 per share, indicating equity compensation rather than an open‑market buy or sell of CoreCivic common stock.