Carter, Cole G. 4
Research Summary
AI-generated summary
CoreCivic (CXW) Chief Administrative Officer Cole G. Carter Sells 12,500 Shares
What Happened Cole G. Carter, Chief Administrative Officer of CoreCivic, sold 12,500 shares in an open-market transaction on July 1, 2026, for gross proceeds of about $380,750. The filing reports a weighted-average sale price of $30.46; individual trades occurred at prices between $30.42 and $30.54. This was a sale (not a purchase), and the Form 4 indicates the trades were executed under a pre-existing Rule 10b5-1 trading plan.
Key Details
- Transaction date: July 1, 2026.
- Type: Open-market sale (S).
- Shares sold: 12,500.
- Weighted-average price: $30.46; price range: $30.42–$30.54 (multiple trades).
- Gross proceeds: Approximately $380,750.
- Plan/footnotes: Executed pursuant to a Rule 10b5-1 trading plan (Footnote F1). The weighted-average price and price range are noted; the reporting person can provide a breakdown of shares sold at each price on request (Footnote F2).
- Shares owned after transaction: Not specified in the provided summary—see the full Form 4 for current holdings.
- Filing timeliness: Form 4 was filed on July 1, 2026 (same day as the transaction), which appears timely under SEC Form 4 deadlines.
Context Sales conducted under a 10b5-1 trading plan are typically pre-arranged and often routine; they do not necessarily indicate a change in the insider’s view of the company. For retail investors, purchases generally carry more informational weight than routine sales—consider this trade alongside other insider activity and CoreCivic’s fundamentals before drawing conclusions.