Hernandez-Blades Catherine 4
Research Summary
AI-generated summary
CoreCivic (CXW) Director Catherine Hernandez‑Blades Receives RSU Award
What Happened
- Catherine Hernandez‑Blades, a director of CoreCivic, was granted 8,351 restricted stock units (RSUs) on February 18, 2026. The Form 4 reports the acquisition price as $0.00 (transaction code A — award/grant).
- These RSUs are a contingent right to receive one share of CoreCivic common stock per RSU; the grant itself is compensation rather than an open‑market purchase or sale.
Key Details
- Transaction date: February 18, 2026; Form 4 filed Feb 19, 2026 (timely filing).
- Amount: 8,351 RSUs; acquisition price reported as $0.00.
- Shares owned after transaction: not reported on the provided summary of the filing.
- Footnote: RSUs vest in full on the first anniversary of the grant (Feb 18, 2027), subject to continued service with the company.
- Transaction type code: A (award/grant). No sales, option exercises, or tax‑withholding sales were reported.
Context
- RSUs are compensation awards that convert into actual shares only upon vesting; they do not represent immediately tradable stock. Because the grant vests after one year and requires continued service, it’s primarily a retention/compensation item for the director rather than an immediate market signal.