Grande Anthony L 4
Research Summary
AI-generated summary
CoreCivic (CXW) EVP Anthony L. Grande Receives Award; Shares Withheld
What Happened
- Anthony L. Grande, EVP & Chief Development Officer of CoreCivic (CXW), received an award of 62,781 shares (restricted stock units) that vested on 2026-02-20 (transaction code A). To satisfy tax withholding obligations, the issuer withheld 41,145 shares at $16.74 each, a tax-withholding value of $688,767 (transaction code F). No cash purchase was made for the award (acquisition price $0.00); the net shares delivered to Grande were 21,636.
Key Details
- Transaction dates: 2026-02-20 (vesting/award and tax withholding)
- Awarded/Acquired: 62,781 shares (code A) at $0.00 (vesting of RSUs)
- Withheld/Disposed: 41,145 shares (code F) at $16.74 = $688,767 (used to satisfy tax withholding)
- Net shares received by insider: 21,636 (62,781 − 41,145)
- Shares owned after transaction: not reported in the filing extract provided
- Footnote: withholding (F) represents shares withheld by the issuer to satisfy tax withholding on vesting (per filing footnote)
- Filing timeliness: Form filed 2026-02-24 for a 2026-02-20 vesting — no late filing flag indicated in the provided data
Context
- This is a routine equity compensation event (vesting of RSUs) rather than an open-market purchase or sale. The withholding of shares for taxes is common and does not necessarily indicate a change in sentiment; it functions like a cashless settlement to cover tax obligations.