Groschen Laura A 4
Research Summary
AI-generated summary
CoreCivic (CXW) EVP Laura Groschen Receives RSU Award
What Happened Laura A. Groschen, CoreCivic's Executive Vice President and Chief Information & Digital Officer, was granted 50,968 restricted stock units (RSUs) on January 5, 2026. The grant is reported at $19.62 per share, with a notional value of approximately $999,992. This is an award/grant (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: January 5, 2026; reported on Form 4 filed February 3, 2026.
- Grant size & value: 50,968 RSUs × $19.62 = ~$999,992.
- Transaction type/code: Award/Grant (A) — RSUs, not a sale or purchase.
- Vesting: Footnote states these are time‑based RSUs that vest in three equal installments (1/3 each) on each anniversary of the award over three years.
- Purpose: Granted as an incentive for acceptance of the EVP & Chief Information and Digital Officer role.
- Shares owned after transaction: Not specified in the provided filing details.
- Filing timeliness: The Form 4 was filed nearly a month after the grant date (filed Feb 3 for a Jan 5 award), which is later than the typical 2-business‑day reporting window for insider transactions.
Context RSU grants are a form of compensation and do not reflect an immediate market purchase decision; value is realized only as the units vest (and then typically convert to shares subject to any company policies or tax withholding). Because this is a standard onboarding/retention award tied to a role acceptance and time‑based vesting, it should be viewed as executive compensation rather than a directional insider buy or sell signal.