Core Scientific (CORZ) CEO amends Form 4 for share tax withholding
Rhea-AI Filing Summary
Core Scientific, Inc. CEO and director reported an amendment to a prior insider transaction report. On January 29, 2026, 274,554 shares of common stock were withheld at $18.79 per share to cover tax obligations from vesting restricted stock units. After this withholding, the reporting person beneficially owned 4,131,150 shares directly. The amendment corrects an earlier filing that had inadvertently reported 274,404 shares withheld on January 23, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 274,554 shares
Net Sell
1 txn
Insider
Sullivan Adam Taylor
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 274,554 | $18.79 | $5.16M |
Holdings After Transaction:
Common Stock — 4,131,150 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to satisfy withholding tax obligations upon the vesting of restricted stock units.
FAQ
What insider transaction did Core Scientific (CORZ) report in this Form 4/A?
Core Scientific reported its CEO and director had 274,554 common shares withheld at $18.79 per share to cover tax obligations from vesting restricted stock units, leaving 4,131,150 shares beneficially owned directly after the transaction.
What does this Form 4/A amendment change from the earlier Core Scientific filing?
The amendment corrects the originally reported share withholding. The prior filing stated 274,404 shares were withheld on January 23, 2026; the amendment now reflects 274,554 shares withheld on January 29, 2026 for tax obligations on vested RSUs.
Does this Core Scientific Form 4/A indicate an open market sale by the CEO?
No, the filing describes shares withheld to cover tax obligations on vesting restricted stock units, coded as transaction type F. This reflects a tax-related share withholding, not a discretionary open market sale initiated by the CEO.
AI-generated analysis. How Rhea-AI works. Not financial advice.