Sullivan Adam Taylor 4

What Happened
Adam Sullivan, CEO of Core Scientific (CORZ), had 274,404 shares disposed on 2026-01-23 as shares withheld to satisfy tax withholding upon the vesting of restricted stock units. The shares are reported at $18.79 per share, for a total value of $5,156,051. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date and price: 2026-01-23 at $18.79 per share
• Shares withheld/disposed: 274,404; total value ≈ $5,156,051
• Transaction code: F — payment of exercise price or tax liability (see footnote F1: shares withheld to satisfy withholding tax on RSU vesting)
• Shares owned after transaction: not specified in the provided filing excerpt
• Filing date: 2026-01-26 (filed timely within the SEC’s Form 4 window)

Context
This was a routine tax-withholding event tied to RSU vesting rather than an active sale for cash in the open market. Such withholdings are common and generally don't by themselves signal a change in insider conviction; purchases by insiders are typically more informative about bullish sentiment.