CoreCivic (CXW) Director Harley G. Lappin Sells Shares

What Happened

• Harley G. Lappin, a director of CoreCivic, sold a total of 25,032 shares in two open-market transactions. On 2026-08-13 he disposed of 22,032 shares at an average reported price of $33.02 for proceeds of $727,497; on 2026-08-14 he disposed of 3,000 shares at $32.69 for proceeds of $98,070. Combined proceeds were approximately $825,567. These were sales (dispositions), not purchases.

Key Details

• Transaction dates and amounts:
  • 2026-08-13: sold 22,032 shares @ reported weighted avg $33.02 = $727,497
  • 2026-08-14: sold 3,000 shares @ $32.69 = $98,070
  • Total: 25,032 shares, ≈ $825,567 proceeds
• Sale type: Reported as open-market/private sale (code S) on Form 4.
• Footnote: The Column 4 price is a weighted average; the shares were sold in multiple trades at prices ranging from $32.05 to $33.83. The reporting person will provide a detailed per-price breakdown upon request.
• Shares owned after the transactions: Not specified in the provided summary — see the full Form 4 for post-transaction holdings.
• Filing timeliness: Form 4 was filed on 2026-08-14 for trades on 8/13 and 8/14, indicating the filing was timely.

Context

• These transactions are outright sales of existing shares (no option exercise, award, or gift reported). Insider sales can be routine for liquidity, diversification, tax planning, or other personal reasons; they do not, by themselves, prove company prospects. For full context on Lappin's remaining stake or any trading plan (e.g., 10b5‑1), consult the complete SEC filing.