Nygaard James P Jr 4/A

What Happened James P. Nygaard Jr., Chief Financial Officer of Core Scientific (CORZ), had 98,671 shares withheld on March 26, 2026 to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs). The withholding is reported as a disposal at $16.42 per share, totaling about $1,620,178. This is a tax-withholding transfer (transaction code F), not an open-market sale by the insider.

Key Details

• Transaction date and price: March 26, 2026 — 98,671 shares withheld at $16.42/share (total ~$1,620,178).
• Filing: Amended Form 4 filed 2026-03-27 to correct the original Form 4 (originally filed 2026-03-19), which had incorrectly reported 92,725 shares withheld on March 17, 2026.
• Footnotes: F1 = shares withheld to satisfy RSU tax withholding. F2 = the reported holdings also reflect acquisitions of 3,555 shares (7/17/2025) and 336 shares (12/24/2025) received for no consideration via an in-kind distribution by XMS XPDI Sponsor Holdings LLC (exempt under Rule 16a-9).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Timeliness: This is an amended filing correcting a prior report; the amendment clarifies the correct withholding date and amount.

Context Tax-withholding share dispositions on RSU vesting are routine administrative transactions and are reported as disposals on Form 4 even though they do not reflect a market sale by the insider. Such activity is generally neutral for interpreting insider sentiment compared with open-market purchases or discretionary sales.