CoreCivic (CXW) CFO David Garfinkle Sells Shares

What Happened

David Garfinkle, Chief Financial Officer of CoreCivic, sold a total of 3,661 shares of CXW stock in open-market transactions and made a separate gift of 600 shares to charitable organizations. On 2026-08-12 he sold 3,170 shares at a reported weighted-average price of $34.27 for proceeds of $108,636. On 2026-08-13 he sold an additional 491 shares at $34.03 for $16,709, and on 2026-08-13 he transferred 600 shares as gifts (reported at $0 value). The cash proceeds from the sales total about $125,345.

Key Details

• Transaction dates: 2026-08-12 (3,170 shares sold), 2026-08-13 (491 shares sold; 600 shares gifted).
• Prices and totals: 3,170 shares @ $34.27 (weighted avg) = $108,636; 491 shares @ $34.03 = $16,709; 600 shares gifted @ $0 = $0. Total cash proceeds ≈ $125,345.
• Footnotes: F1 notes the $34.27 is a weighted-average for multiple trades (range $34.25–$34.30) and the filer can provide a breakdown on request. F2 confirms the 600-share transfers were gifts to charitable organizations.
• Shares owned after the transactions: not specified in the information provided in this summary.
• Filing timeliness: Report lists transactions 8/12–8/13 and was filed 2026-08-13; no late filing is indicated in the provided data.

Context

These transactions are disposals (sales and charitable gifts). Gifts do not necessarily reflect the insider’s market view. Sales by executives are common and can be for many personal or tax reasons; this summary reports the facts without inferring motive.