DUCHENE TODD M 4

What Happened Todd M. Duchene, Core Scientific's Chief Legal and Administrative Officer, was granted 138,547 restricted stock units (RSUs) on May 20, 2026. The RSUs were awarded at $0.00 per share (total reported value $0 on the Form 4) as an equity compensation grant rather than an open-market purchase.

Key Details

• Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (appears timely under the 2-business-day rule).
• Transaction type/code: A — Award/Grant of RSUs.
• Shares awarded: 138,547 RSUs; price reported $0.00; reported value $0.
• Vesting: One-third vests on March 15, 2027; the remaining two-thirds vest in eight substantially equal quarterly installments thereafter, subject to continued service (footnote F1).
• Shares owned after transaction: Not specified in the filing.
• Role noted in remarks: Chief Legal and Administrative Officer.

Context RSU grants are a form of compensation and typically vest over time contingent on continued service; they are not the same as a market purchase and do not necessarily signal an immediate personal investment decision. This grant increases potential future insider ownership as the RSUs vest, but does not involve any cash outlay or sale by the insider at the time of the grant.