Stacey Tank 4
Research Summary
AI-generated summary
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.