GARFINKLE DAVID 4
Research Summary
AI-generated summary
CoreCivic (CXW) CFO David Garfinkle Receives 37,587 RSUs
What Happened
- David Garfinkle, Chief Financial Officer of CoreCivic, Inc. (CXW), received a grant of 37,587 restricted stock units (RSUs) on February 17, 2026. The reported acquisition price is $0.00 (code A — award/grant), so no cash changed hands at grant. Each RSU represents a contingent right to receive one share of CoreCivic common stock upon vesting.
Key Details
- Transaction date: 2026-02-17 (Period of Report). Form 4 filed: 2026-02-18.
- Security: 37,587 RSUs; Reported price: $0.00; Reported value at grant: $0 (non-cash equity award).
- Vesting: RSUs vest annually in one‑third increments on the later of (i) each anniversary of the grant (years 1–3) or (ii) the date the company files its annual Form 10‑K in each respective year (per filing footnote).
- Transaction code: A (award/grant). No 10b5‑1 plan, tax‑withholding, or shares‑sold notes were disclosed in the provided excerpt.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Timeliness: Filing appears timely (reporting period 2/17/2026; Form 4 filed 2/18/2026).
Context
- This is an equity award, not a purchase or sale; RSUs are contingent and convert to actual shares only as they vest, so this does not represent immediate selling or buying pressure. Retail investors typically view grants as part of compensation alignment rather than direct insider buying/selling.