Todd Duchene Trust reports multiple 10,000-share 10b5-1 sales (CORZ)
Rhea-AI Filing Summary
Morgan Stanley Smith Barney LLC Executive Financial Services submitted a Form 144 disclosing scheduled resale activity by the Todd Duchene Revocable Trust under a Rule 10b5-1 plan, showing repeated sales of 10,000 shares on multiple dates in April–June 2026.
The filing also lists Restricted Stock Units: 21,673 (02/22/2024) and a Tender: 118,327 (12/13/2024) as securities referenced in the notice.
Positive
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Negative
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Insights
Form 144 records scheduled 10b5-1 dispositions by a trust; legal disclosure, not a market order.
The excerpt lists multiple 10,000-share transactions executed under a 10b5-1 plan on specific dates in April–June 2026, which signals pre-arranged sales rather than discretionary open-market timing.
Trading was reported by an entity named Todd Duchene Revocable Trust; subsequent filings would show whether additional planned blocks remain.
Repeated 10,000-share blocks suggest a systematic disposition schedule by the trust.
The filing records at least eleven 10,000-share trades with proceeds per trade ranging from $186,248 to $292,939. These are routine, pre-arranged sales disclosed for Rule 144 compliance.
Context items include RSUs 21,673 and a tender 118,327, which are listed as referenced securities in the notice.