Core Scientific (CORZ) Chief Legal Officer Todd Duchene Sells Shares

What Happened
Todd M. Duchene, Core Scientific's Chief Legal and Administrative Officer, sold a total of 10,000 shares of CORZ in open-market transactions on July 13, 2026, generating approximately $224,475 in proceeds. The sales were 9,700 shares at a weighted average price of $22.43 (total $217,572) and 300 shares at a weighted average price of $23.01 (total $6,903). These were outright sales (Form 4 transaction code "S") and were executed under a prearranged trading plan.

Key Details

• Transaction dates: July 13, 2026 (reported on Form 4 filed July 15, 2026) — filed timely (within the usual 2-business-day window).
• Prices: 9,700 shares at a weighted avg $22.43 (per-share range $21.91–$22.89); 300 shares at weighted avg $23.01 (per-share range $22.97–$23.04).
• Shares sold: 10,000 total; Proceeds ≈ $224,475.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Notable footnote: Sales were made pursuant to a Rule 10b5-1 trading plan adopted Dec 5, 2025 (prearranged plan). Weighted-average prices reflect multiple executions; detailed per-trade breakdown is available on request per the filing.

Context
Trades executed under a 10b5-1 plan are preplanned and often indicate routine disposition rather than a spontaneous view on the company. Sales (versus purchases) are generally less informative about insider confidence; purchases tend to attract more attention from investors.