|4Feb 19, 4:33 PM ET

Stacey Tank 4

Research Summary

AI-generated summary

Updated

CoreCivic (CXW) Director Stacey Tank Receives RSU Award

What Happened

  • Stacey Tank, a director of CoreCivic, was granted 8,351 restricted stock units (RSUs) on February 18, 2026. The Form 4 lists an acquisition price of $0.00 because this is an equity award rather than an open‑market purchase or sale. These RSUs represent a contingent right to receive one share of CoreCivic common stock per RSU if vesting conditions are met.

Key Details

  • Transaction date: 2026-02-18
  • Transaction type/code: Award/Grant (A)
  • Shares granted: 8,351 RSUs
  • Price reported: $0.00 (non‑cash award)
  • Vesting: RSUs vest in full on the first anniversary of the grant date (Feb 18, 2027), subject to continued service (per footnote F1)
  • Shares owned after transaction: Not specified in the filing
  • Filing timeliness: Report filed 2026-02-19 for the 2026-02-18 report date — appears timely

Context

  • RSUs are deferred compensation: they do not represent immediate ownership of shares until they vest and are settled (typically converted to shares). Because this is a standard director compensation award, it’s routine and does not by itself signal a buy/sell decision.
  • If the RSUs vest and are settled into shares, their actual value will depend on CoreCivic’s stock price at that time.