Swenson Daren 4
4 · CoreCivic, Inc. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
CoreCivic (CXW) CCO Daren Swenson Receives RSU Award
What Happened
- Daren Swenson, Chief Corrections Officer of CoreCivic, was granted 28,090 restricted stock units (RSUs) on February 17, 2026. The Form 4 reports the award as an "A" (award/grant) at an acquisition price of $0.00, meaning no cash was exchanged at grant; the economic value will depend on CoreCivic's future share price when/if the RSUs convert to shares.
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-18 (timely).
- Grant: 28,090 RSUs reported as acquired at $0.00 (total shown = $0).
- Vesting: RSUs vest in three equal annual installments (1/3 each) on the later of (i) the first, second, and third anniversary of the grant or (ii) the date the company files its annual Form 10-K in each respective year (per footnote).
- Tax withholding / 10b5-1: Not indicated in the provided filing excerpt.
- Shares owned after transaction: Not specified in the provided excerpt of the Form 4.
Context
- RSUs are a form of equity compensation that convert to ordinary shares if and when they vest; they are not an immediate cash purchase or sale and do not necessarily signal buying or selling intent.
- Because this is a grant (not a sale), it’s compensation rather than a direct bullish/bearish signal. The eventual value received by Swenson will depend on CoreCivic’s stock price at vesting.
Insider Transaction Report
Form 4
Swenson Daren
Chief Corrections Officer
Transactions
- Award
Common Stock
[F1]2026-02-17+28,090→ 156,450 total
Footnotes (1)
- [F1]Represents restricted stock units (RSU's) granted to the Reporting Person on February 17, 2026 (the Grant Date). Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSU's vest annually in one-third increments on the later of the (i) first, second, and third anniversary of the award or (ii) the date on which the Company's annual report on Form 10-K is filed in each respective year.
Signature
Joseph Bachmann|2026-02-18