Core Scientific (CORZ) CAO discloses 37,998-share Form 3 holding

Rhea-AI Filing Summary

Core Scientific, Inc. executive Ray Jorge L., the Chief Accounting Officer, has reported his initial beneficial ownership of company equity on a Form 3. The filing shows direct ownership of 37,998 shares of Common Stock. A related footnote describes this as a restricted stock unit grant, with one-third vesting on March 5, 2027 and the remaining two-thirds vesting in eight substantially equal quarterly installments afterward, as long as he continues providing service on each vesting date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ray Jorge L.

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 37,998 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares owned: 37,998 shares Initial vesting date: March 5, 2027 Remaining vesting structure: Two-thirds over eight quarters +1 more

4 metrics

Shares owned 37,998 shares Total Common Stock directly owned following reported holding

Initial vesting date March 5, 2027 One-third of RSU grant vests on this date

Remaining vesting structure Two-thirds over eight quarters Balance of RSUs vest in eight substantially equal quarterly installments

Position Chief Accounting Officer Officer role associated with the Form 3 filing

Key Terms

restricted stock unit ("RSU"), vest, quarterly installments, Common Stock, +1 more

5 terms

restricted stock unit ("RSU") financial

"Represents a restricted stock unit ("RSU") grant."

vest financial

"One-third of the RSUs will vest on March 5, 2027, and the remaining two-thirds..."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

quarterly installments financial

"the remaining two-thirds of the RSUs will vest in eight substantially equal quarterly installments thereafter"

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

beneficial ownership financial

"has reported his initial beneficial ownership of company equity on a Form 3"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Ray Jorge L.

(Last) (First) (Middle)

C/O CORE SCIENTIFIC, INC.

838 WALKER ROAD, SUITE 21-2105

(Street)

DOVER DELAWARE 19904

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/30/2026

3. Issuer Name and Ticker or Trading Symbol
Core Scientific, Inc./tx [ CORZ ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	37,998(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a restricted stock unit ("RSU") grant. One-third of the RSUs will vest on March 5, 2027, and the remaining two-thirds of the RSUs will vest in eight substantially equal quarterly installments thereafter, provided that the Reporting Person continues to provide service to the Issuer on each vesting date.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Todd DuChene, as Attorney-in-Fact	05/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does the Core Scientific (CORZ) Form 3 filing for Ray Jorge L. show?

The Form 3 shows Chief Accounting Officer Ray Jorge L. reporting initial beneficial ownership of 37,998 shares of Core Scientific Common Stock. This establishes his starting equity position as an officer for regulatory disclosure purposes under SEC rules.

How many Core Scientific (CORZ) shares does Ray Jorge L. report owning?

He reports direct beneficial ownership of 37,998 shares of Core Scientific Common Stock following the reported holding. This figure reflects his equity position as disclosed in the Form 3, providing transparency into insider ownership for investors and regulators.

What is the vesting schedule for Ray Jorge L.’s Core Scientific RSU grant?

The RSU grant vests over time: one-third vests on March 5, 2027, and the remaining two-thirds vest in eight substantially equal quarterly installments. Vesting requires that he continues providing service to Core Scientific on each applicable vesting date.

Is the Core Scientific (CORZ) Form 3 a buy or sell transaction?

The Form 3 is not a buy or sell; it reports holdings. It records Chief Accounting Officer Ray Jorge L.’s initial beneficial ownership position, rather than an open-market purchase or sale of Core Scientific stock.

What role does Ray Jorge L. hold at Core Scientific (CORZ) in this Form 3?

He is identified as the Chief Accounting Officer of Core Scientific. As an officer, he must report his equity holdings and certain future transactions in company securities through SEC forms such as Form 3 and Form 4.

What service condition applies to Ray Jorge L.’s Core Scientific RSU vesting?

The RSUs vest only if he continues to provide service to Core Scientific on each vesting date. If service ends before a scheduled vesting date, the unvested portion of the restricted stock unit grant would not vest under this condition.