Murphy Devin Ignatius 4
Research Summary
AI-generated summary
CoreCivic (CXW) Director Devin Murphy Receives RSU Award
What Happened
- Devin Ignatius Murphy, a director of CoreCivic, was granted 8,351 restricted stock units (RSUs) on February 18, 2026. The transaction is reported as an award/grant (code A) at a reported acquisition price of $0.00 — typical for RSU grants (the award itself has no cash purchase price).
- These RSUs represent a contingent right to receive one share of CoreCivic common stock per RSU upon vesting; the filing does not report a current share-for-share value or any immediate stock sale.
Key Details
- Transaction date: 2026-02-18 (reported on Form 4 filed 2026-02-19). Transaction type/code: A (award/grant).
- Shares/units granted: 8,351 RSUs. Reported acquisition price: $0.00 (award).
- Shares owned after the transaction: Not specified in the filing.
- Footnote: F1 — Each RSU vests in full on the first anniversary of the grant (Feb 18, 2027), subject to continued service with the company.
- Timeliness: Filing appears timely (filed the day after the grant date).
Context
- RSUs are a form of equity compensation; they do not deliver actual shares until they vest and are typically subject to service requirements and potential tax withholding at settlement. This grant is a routine compensation award to an insider and is not a market buy or sell signal by itself.