Sullivan Adam Taylor 4/A
4/A · Core Scientific, Inc./tx · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
Core Scientific (CORZ) CEO Adam Sullivan Sells 274,554 Shares
What Happened Adam Sullivan, CEO of Core Scientific, reported the withholding/disposition of 274,554 shares on January 29, 2026 to satisfy tax withholding obligations upon the vesting of restricted stock units. The shares are reported as disposed at $18.79 per share, for a total value of $5,158,870. This Form 4 is an amendment correcting the previously reported withholding amount.
Key Details
- Transaction date: 2026-01-29
- Transaction type: Tax withholding on RSU vesting (code F) — shares disposed to cover taxes
- Shares involved: 274,554 shares withheld
- Price/value: $18.79 per share; total reported value $5,158,870
- Footnote: F1 — represents shares withheld to satisfy withholding tax obligations upon RSU vesting
- Filing: Amended Form 4 filed 2026-02-02 to correct the originally reported figure (previous filing erroneously reported 274,404 shares)
- Shares owned after transaction: Not specified in this filing
Context This was a routine tax-withholding disposition tied to RSU vesting (essentially a cashless cover of taxes), not an open-market sale for investment purposes. Such transactions reduce an insider’s outstanding holdings but do not necessarily signal a change in sentiment. The amendment clarifies the exact number of shares withheld (a 150-share difference from the earlier report).
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-29$18.79/sh−274,554$5,158,870→ 4,131,150 total
Footnotes (1)
- [F1]Represents shares withheld to satisfy withholding tax obligations upon the vesting of restricted stock units.