Carter, Cole G. 4
Research Summary
AI-generated summary
CoreCivic (CXW) Chief Administrative Officer Cole Carter Sells 12,500 Shares
What Happened Cole G. Carter, Chief Administrative Officer of CoreCivic, sold 12,500 shares on March 2, 2026, at $17.62 per share for proceeds of $220,250. The transaction is reported as a sale (S) and was effected under a Rule 10b5-1 trading plan, which typically means the trades were pre-scheduled.
Key Details
- Transaction date: 2026-03-02
- Transaction type and code: Sale (S) — open market or private sale reported
- Price per share: $17.62
- Shares sold: 12,500
- Total proceeds: $220,250
- Shares owned after transaction: Not disclosed on this Form 4
- Footnote: Sale executed pursuant to a Rule 10b5-1 trading plan
- Filing timeliness: Form 4 filed the same day (2026-03-02); no late filing indicated
Context This is a straightforward insider sale reported on a Form 4. Sales under 10b5-1 plans are pre-arranged and are often routine; they do not by themselves indicate a change in the insider’s view of the company. Retail investors may view purchases as a stronger signal than routine scheduled sales.