CoreCivic (CXW) CFO David Garfinkle Sells 50,000 Shares
$CXW · CoreCivic, Inc.Research Summary
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CoreCivic (CXW) CFO David Garfinkle Sells 50,000 Shares
What Happened
David Garfinkle, Chief Financial Officer of CoreCivic, sold 50,000 shares of CoreCivic (ticker: CXW) in open-market transactions on August 21, 2026. The weighted-average price reported was $33.96 per share, for total proceeds of approximately $1,698,000. This filing reports a sale (disposition) rather than a purchase.
Key Details
- Transaction date: 2026-08-21 (reported in Form 4 filed the same day).
- Transaction type/code: Sale (S) — open-market disposition.
- Price: weighted-average $33.96; transactions occurred at prices ranging from $33.95 to $34.02 (per footnote).
- Total value: about $1,698,000.
- Shares owned after the transaction: not disclosed in this Form 4.
- Notable footnote: The reported price is a weighted average; the reporting person will provide a full breakdown of shares sold at each price in the stated range upon request (per F1).
- Filing timeliness: The Form 4 was filed with the SEC on the transaction date (no late filing indicated).
Context
This was an open-market sale of existing shares, which is a routine insider disposition and does not by itself indicate a change in the company’s outlook. For retail investors, purchases by insiders often carry more weight as a bullish signal; sales can reflect many personal or tax-related reasons. If you want the exact number of shares sold at each specific price within the reported range, the filer has offered to provide that breakdown on request.