DUCHENE TODD M 4

What Happened
Todd M. Duchene, Core Scientific’s Chief Legal and Administrative Officer, sold a total of 10,000 shares in open-market transactions on June 15, 2026, disposing of 9,900 shares (reported at $28.19 each, $279,056) and 100 shares (reported at $28.79, $2,879). The combined proceeds reported are approximately $281,935. These were sales (not purchases), which are often routine officer liquidity events.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (timely filing).
• Reported sales: 9,900 shares @ $28.19 (disposed) = $279,056; 100 shares @ $28.79 (disposed) = $2,879. Total ≈ $281,935.
• Footnote F1: Transactions were executed pursuant to a Rule 10b5-1 trading plan adopted Dec 5, 2025.
• Footnote F2: The filing notes the reported price is a weighted average and the shares were sold across prices ranging from $27.64 to $28.54; the filer can provide detail on shares sold at each price on request.
• Shares owned after the transaction: not provided in the information supplied here.

Context
Sales executed under a pre-established Rule 10b5-1 plan are typically scheduled in advance and indicate the insider was following a trading plan rather than making an ad-hoc market-timing decision. Sales do not necessarily signal negative company outlook; they often reflect personal liquidity needs or portfolio management.