secwatch.observer — SEC 8-K summary
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Issuer:     CoreCivic, Inc. (CXW)
CIK:        0001070985
Form:       8-K
Filed at:   2025-08-18T23:59:59+00:00
Accession:  0001193125-25-182677
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CoreCivic CEO Damon Hininger to step down Jan 1, 2026; President Patrick Swindle to succeed
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- Damon T. Hininger steps down as CEO and from Board effective January 1, 2026, after 16 years as CEO.
- Patrick Swindle, currently President and COO, appointed CEO and Board member effective same date.
- Hininger to serve as Special Advisor to CEO and Chairman through March 31, 2027 under transition agreement.
- Swindle's 2026 compensation: $900k base salary, 132% bonus target, $2.502M equity grant (40% time-based, 60% performance-based).
- Swindle joined CoreCivic in 2007 and has led operations, facility activations, and restructuring.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1070985/000119312525182677/0001193125-25-182677-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1070985/000119312525182677/d63509d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-182677

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer