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CoreCivic (CXW) chief corrections officer reports stock grant and tax share withholding

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CoreCivic, Inc. reported that Chief Corrections Officer Daren Swenson received a grant of 16,164 shares of common stock on February 20, 2026 at a stated price of $0.0000 per share, reflecting an equity award rather than a cash purchase. On the same date, 9,948 shares of common stock at $16.74 per share were disposed of to cover tax withholding obligations tied to the vesting of restricted stock units, as indicated in the footnote. After these transactions, Swenson directly owned 162,666 shares of CoreCivic common stock.

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Insider Swenson Daren
Role Chief Corrections Officer
Type Security Shares Price Value
Grant/Award Common Stock 16,164 $0.00 --
Tax Withholding Common Stock 9,948 $16.74 $167K
Holdings After Transaction: Common Stock — 172,614 shares (Direct)
Footnotes (1)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Swenson Daren

(Last) (First) (Middle)
5501 VIRGINIA WAY
110

(Street)
BRENTWOOD TN 37027

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CoreCivic, Inc. [ CXW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Corrections Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/20/2026 A 16,164 A $0.00 172,614 D
Common Stock 02/20/2026 F 9,948(1) D $16.74 162,666 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares of the Issuer's common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
Joseph Bachmann 02/23/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did CoreCivic (CXW) disclose about Daren Swenson’s recent equity grant?

CoreCivic disclosed that Chief Corrections Officer Daren Swenson received a grant of 16,164 shares of common stock on February 20, 2026. The shares were awarded at a stated price of $0.0000 per share, indicating a compensation-related equity award rather than an open-market purchase.

Why were 9,948 CoreCivic (CXW) shares disposed of in Swenson’s Form 4 filing?

The 9,948 CoreCivic shares were withheld by the company to satisfy tax withholding obligations from vesting restricted stock units. This tax-withholding disposition, coded “F,” represents shares surrendered to the issuer rather than an open-market sale to third-party buyers.

How many CoreCivic (CXW) shares does Daren Swenson own after these transactions?

After the reported transactions, Daren Swenson directly owns 162,666 shares of CoreCivic common stock. This figure reflects the 16,164-share equity grant and the 9,948-share tax-withholding disposition reported for February 20, 2026 in the Form 4 filing.

Were Swenson’s CoreCivic (CXW) transactions open-market buys or sells?

The transactions were not open-market trades. One entry reflects a grant or award acquisition of 16,164 shares, while the other is a tax-withholding disposition of 9,948 shares, where shares were withheld by CoreCivic to cover tax obligations on vested restricted stock units.

What transaction codes were used in Daren Swenson’s CoreCivic (CXW) Form 4?

The filing used code “A” for the acquisition of 16,164 shares through a grant or award, and code “F” for the disposition of 9,948 shares to satisfy tax withholding. These codes indicate compensation-related activity rather than ordinary market purchases or sales.