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

What Happened
Todd Duchene, Core Scientific's Chief Legal and Administrative Officer, sold a total of 10,000 shares of CORZ in open-market transactions on August 10, 2026, generating about $199,735 in gross proceeds. The filing reports two disposals: 9,000 shares at a weighted-average price of $19.90 (proceeds $179,087) and 1,000 shares at a weighted-average price of $20.65 (proceeds $20,648). These transactions are sales (dispositions), not purchases.

Key Details

• Transaction date: August 10, 2026 (reported on Form 4 filed August 12, 2026) — timely under the two-business-day rule.
• Transaction type: Open-market sales (Form 4 code S).
• Share details and prices:
  • 9,000 shares sold; weighted-average price $19.90; filing notes individual trade prices ranged $19.45–$20.44. (Footnote F2)
  • 1,000 shares sold; weighted-average price $20.65; filing notes individual trade prices ranged $20.47–$20.89. (Footnote F3)
• Total proceeds reported: $199,735.
• Plan/authorization: Trades were executed pursuant to a Rule 10b5-1 trading plan adopted December 5, 2025 (Footnote F1).
• Shares owned after the transaction: not specified in the information provided in this summary/filing.

Context
Sales executed under a Rule 10b5-1 plan are prearranged and generally indicate the trades were scheduled in advance rather than timed to new information. Form 4 sales report insider dispositions but do not by themselves indicate the insider’s view of the company’s prospects.