Lappin Harley G. 4
4 · CoreCivic, Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
CoreCivic (CXW) Director Harley G. Lappin Receives 8,351 RSUs
What Happened
Harley G. Lappin, a director of CoreCivic, Inc. (CXW), received a grant of 8,351 restricted stock units (RSUs) on February 18, 2026. The RSUs were reported as acquired at $0.00 (an award/grant, not a purchase or sale). The RSUs vest in full on the first anniversary of the grant (February 18, 2027), subject to continued service.
Key Details
- Transaction date: 2026-02-18; filing date: 2026-02-19 (timely Form 4 filing).
- Transaction type/code: Award/Grant (A); 8,351 RSUs granted at $0.00 per unit.
- Vesting: RSUs vest in full on 2027-02-18, contingent on continued service (per footnote).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No tax-withholding, 10b5-1 plan, or cashless exercise noted in the filing.
Context
RSUs are contingent awards that convert into actual shares upon vesting; this grant does not represent an immediate cash purchase or sale by the director. Such awards are common compensation for directors and executives and are tied to continued service rather than an immediate market-based trading signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-18+8,351→ 75,360 total
Footnotes (1)
- [F1]Represents restricted stock units ("RSUs") granted to the Reporting Person on February 18, 2026 (the "Grant Date"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSU's vest in full on the first anniversary of the Grant Date, subject to continued service with the Issuer through such vesting date.