The breadth of insider selling (4 insiders including C-suite and directors) with zero insider buying is a cautionary signal, though the dollar amount is modest relative to market cap. Monitor for upcoming earnings or operational updates that may have prompted this selling. The cluster's proximity to the end of a quarter (Aug 12-13) could reflect routine portfolio rebalancing or tax planning, but the CFO's participation adds weight. Consider reducing position size or setting tighter stop-losses until next catalyst event.
Price Chart
Executive Summary
A cluster of insider selling at CoreCivic (CXW) totaling $4.53M over a 7-day window, led by EVP & Chief Innovation Officer Lucibeth Mayberry's $3.99M open-market sale. The selling involves multiple C-suite and director-level insiders, including the CFO, and represents approximately 0.15% of the company's $3.1B market cap. While the dollar amount is modest relative to market cap, the breadth of insider participation (4 unique insiders, including C-suite) and the absence of any insider buying during the cluster warrants attention, though insider sales are generally weaker predictive signals than buys per academic literature.
Key Financial Metrics
Key Facts
- Total insider selling of $4.53M over 7 days (Aug 6-13, 2026)
- EVP & Chief Innovation Officer Lucibeth Mayberry sold 120,000 shares for $3.99M (88% of total cluster value)
- CFO David Garfinkle sold 491 shares for $17K (open-market) and gifted 600 shares (non-cash)
- Three directors (Prann, Lappin, Marshall, Murphy) also sold shares totaling ~$2.3M
- No insider purchases were reported in the cluster window
- Sales represent ~0.15% of CXW's $3.1B market cap
Financial Impact
Total insider selling of $4.53M, representing 0.15% of market cap. Largest single sale: EVP Mayberry's $3.99M position reduction.
Risk Factors
- Insider selling may indicate management's lack of confidence in near-term prospects
- CFO participation in selling (even small amount) is a more significant signal than director-only sales
- No insider buying to offset the selling cluster
- REIT sector sensitivity to interest rate changes could compound any negative sentiment
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CXW-1786744877366 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 1, 2026 4w ago | Insider Cluster | $32.72 $32.25 | ▼ −1.44% | ▼ −1.75% | $32.49 (−0.70%) |
Aug 26, 2026 5w ago | Insider Cluster | $33.79 $34.36 | ▼ −1.69% | ▼ −2.20% | $32.49 (+3.85%) |
Aug 26, 2026 5w ago | Insider Cluster | $33.99 $34.36 | ▼ −1.09% | ▼ −0.86% | $32.49 (+4.41%) |
Aug 25, 2026 5w ago | Insider Cluster | $33.14 $32.28 | ▲ +2.60% | ▲ +3.57% | $32.49 (+1.96%) |
Aug 21, 2026 6w ago | Insider Cluster | $34.01 $32.41 | ▲ +4.70% | ▲ +4.18% | $32.49 (+4.47%) |
Aug 18, 2026 6w ago | Insider Cluster | $31.99 $35.54 | ▼ −11.10% | ▼ −13.05% | $32.49 (−1.56%) |
Aug 17, 2026 6w ago | Insider Cluster | $32.40 $34.93 | ▲ +7.81% | ▲ +9.55% | $32.49 (+0.28%) |
Aug 14, 2026 7w ago | Insider Cluster | $33.58 $35.38 | ▼ −5.36% | ▼ −7.34% | $32.49 (+3.25%) |
Aug 14, 2026 7w ago | Institutional Cluster | $32.82 $34.23 | ▲ +4.30% | ▲ +6.29% | $32.49 (−1.01%) |
Aug 13, 2026 7w ago | Insider Cluster | $32.82 $34.23 | ▲ +4.30% | ▲ +6.29% | $32.49 (−1.01%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access