CoreCivic, Inc.·4

Feb 24, 4:50 PM ET

Mayberry Lucibeth 4

Research Summary

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Updated

CoreCivic (CXW) EVP Lucibeth Mayberry Receives Award; Taxes Withheld

What Happened

  • Lucibeth Mayberry, EVP & Chief Innovation Officer of CoreCivic (CXW), had restricted stock units vest on Feb 20, 2026. She was credited with 61,450 shares (award, $0.00 per share). To satisfy tax withholding on the vesting, 40,271 of those shares were withheld by the issuer at $16.74 per share, generating a withholding amount of $674,137. Net shares delivered to Mayberry after withholding were 21,179.

Key Details

  • Transaction date: 2026-02-20 (reported on Form 4 filed 2026-02-24)
  • Award: 61,450 shares acquired (code A) at $0.00 (vesting of RSUs)
  • Tax withholding: 40,271 shares withheld (code F) at $16.74 = $674,137
  • Net shares retained: 21,179 (61,450 − 40,271)
  • Shares owned after transaction: not specified in the filing
  • Footnote: Withheld shares were used to satisfy tax withholding obligations related to RSU vesting
  • Filing timeliness: Form 4 was filed within the SEC’s required window (filed Feb 24 for a Feb 20 transaction)

Context

  • This was an RSU vesting and tax-withholding transaction, not an open‑market sale or purchase. Share withholding to cover taxes is a routine administrative step and does not by itself signal insider buying or selling intent.