Core Scientific (CORZ) Chief Legal Officer Todd Duchene Sells 10,000 Shares

What Happened Todd M. Duchene, Chief Legal and Administrative Officer of Core Scientific, sold 10,000 shares in an open-market transaction on September 21, 2026. The weighted average sale price was $18.37 per share, for total proceeds of approximately $183,746. This was a sale (not a purchase) executed pursuant to a pre-established trading plan.

Key Details

• Transaction date: 2026-09-21 (reported on Form 4 filed 2026-09-23). Filing appears timely (within two business days).
• Transaction type: Open-market sale (Code S) under a Rule 10b5-1 trading plan adopted December 5, 2025.
• Price: Weighted average $18.37; individual sale prices ranged from $17.81 to $18.64 (footnote states the reporting person can provide per-price breakdown on request).
• Proceeds: ~$183,746.
• Shares owned after transaction: Not specified in the provided filing. Footnote indicates some shares are held in a grantor retained annuity trust for which Duchene is sole trustee.
• Insider role: Chief Legal and Administrative Officer (not indicated as a 10% owner).

Context: The sale was executed under a 10b5-1 plan, meaning it was prearranged and often routine; such sales do not necessarily signal a change in insider sentiment. Retail investors should weigh this one-time sale alongside broader insider activity and the company's fundamentals rather than drawing conclusions from this single transaction.