CoreCivic (CXW) CAO executes 12,500-share 10b5-1 stock sale
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 $17.62 per share. The transaction was executed under a pre-established Rule 10b5-1 trading plan, and Carter held 253,383 shares directly after the sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,500 shares ($220,250)
Net Sell
1 txn
Insider
Carter, Cole G.
Role
Chief Administrative Officer
Sold
12,500 shs ($220K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,500 | $17.62 | $220K |
Holdings After Transaction:
Common Stock — 253,383 shares (Direct)
Footnotes (1)
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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 at $17.62 per share. This open-market sale was disclosed on a Form 4 insider filing with post-transaction direct ownership of 253,383 shares.
Was the CoreCivic (CXW) insider sale by Cole G. Carter under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Cole G. Carter. Such plans pre-schedule trades, helping insiders diversify holdings while reducing concerns about trading on material nonpublic information.
What does transaction code "S" mean in the CoreCivic (CXW) Form 4?
Transaction code "S" on the Form 4 indicates a sale in the open market or a private transaction. In this case, it confirms Cole G. Carter’s disposition of 12,500 CoreCivic common shares as an open-market sale.