Swindle, Patrick D. 4
Research Summary
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CoreCivic (CXW) CEO Patrick Swindle Receives 53,547 RSUs
What Happened Patrick D. Swindle, President & CEO of CoreCivic, received a grant of 53,547 restricted stock units (RSUs) on February 17, 2026. The Form 4 reports the acquisition at $0.00 per share (code A) — this is a non‑cash compensation award, not an open‑market purchase or sale. The RSUs are a contingent right to receive shares upon vesting.
Key Details
- Transaction date: 2026-02-17; Form 4 filed: 2026-02-18 (timely filed; Form 4s are due within two business days).
- Grant: 53,547 RSUs; reported price: $0.00 (award/grant).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: Each RSU represents a right to one share and vests annually in one‑third increments on the later of (i) the first, second, and third anniversaries of the award or (ii) the date the company files its annual Form 10‑K in each respective year.
Context RSU grants are a common form of executive compensation intended to retain executives — they do not represent immediately tradeable shares until they vest and convert to common stock. Because this was an award (not a purchase or sale), it should be viewed as compensation rather than a direct bullish or bearish trade by the insider.