CoreCivic (CXW) chief corrections officer reports stock grant and tax share withholding
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
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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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.
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.