Booth Jeffrey David 4
Research Summary
AI-generated summary
Core Scientific (CORZ) Director Jeffrey Booth Receives RSU Award
What Happened
- Jeffrey David Booth, a director of Core Scientific, received an award of 18,575 restricted stock units (RSUs) on February 4, 2026. The filing reports an acquisition price of $0.00 (these are compensation RSUs, not a market purchase or sale).
- The RSUs will vest in full on February 3, 2027, provided Booth continues to serve as a non-employee director on that date. No immediate shares were delivered and no cash was paid at grant.
Key Details
- Transaction date: 2026-02-04 (reported on Form 4 filed 2026-02-06).
- Transaction type/code: Award/Grant (A) — 18,575 RSUs; price reported $0.00.
- Vesting: RSUs vest in full on 2027-02-03 contingent on continued service (footnote F1).
- Shares owned after transaction: Not specified in the provided summary of the filing.
- Timeliness: Filing dated 2026-02-06 for a 2026-02-04 transaction — appears to be filed within the usual 2-business-day window.
- No 10b5-1 plan, tax-withholding, or immediate sale noted in this filing.
Context
- RSUs are a form of equity compensation that convert into shares (or cash equivalent) only upon vesting; they do not represent an immediate market purchase or sale. Such awards are typically compensation for service and do not by themselves signal buying pressure.
- The economic value to the director will depend on Core Scientific’s share price at vesting and any company-specific vesting or settlement terms.