DUCHENE TODD M 4

What Happened
Todd M. Duchene, Chief Legal and Administrative Officer of Core Scientific, sold 10,000 shares of CORZ stock in open-market transactions on July 6, 2026. The weighted average sale price was $22.63 per share, producing gross proceeds of approximately $226,254. This was a sale (not a purchase), which is often routine insider selling.

Key Details

• Transaction date: July 6, 2026; Form 4 filed July 8, 2026 (appears timely under Form 4 rules).
• Transaction type: Sale (open market/private sale) — 10,000 shares at a weighted average price of $22.63.
• Price range: Shares were sold in multiple transactions at prices between $22.24 and $23.15; the $22.63 figure is a weighted average. The reporting person will provide a breakdown of quantities at each price on request.
• Proceeds: ~ $226,254 (gross).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Transactions were effected pursuant to a Rule 10b5-1 trading plan adopted December 5, 2025.

Context
A 10b5-1 plan indicates these sales were pre-arranged according to a trading plan adopted earlier (Dec 5, 2025), which often means trades are executed per the plan’s parameters rather than timed based on current company developments. Sales by officers can be routine and do not, by themselves, indicate how the insider views the company’s prospects.