Core Scientific (CORZ) insider reports tax withholding on RSU vesting
Rhea-AI Filing Summary
Core Scientific, Inc. reported that Chief Legal and Administrative Officer Todd M. Duchene had 4,325 shares of Common Stock withheld on July 16, 2026 to satisfy withholding tax obligations upon the vesting of restricted stock units, at $22.72 per share. After this tax-withholding disposition, he directly holds 2,009,101 Common Stock shares.
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Insider Trade Summary
Net Seller: 4,325 shares
Net Sell
1 txn
Insider
DUCHENE TODD M
Role
See remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 4,325 | $22.72 | $98K |
Holdings After Transaction:
Common Stock — 2,009,101 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to satisfy withholding tax obligations upon the vesting of restricted stock units.
Key Figures
Shares withheld for taxes: 4,325 shares
Tax withholding price: $22.72 per share
Holdings after transaction: 2,009,101 shares
3 metrics
Shares withheld for taxes
4,325 shares
Common Stock withheld to satisfy withholding tax obligations on RSU vesting
Tax withholding price
$22.72 per share
Per-share value applied to 4,325 withheld shares
Holdings after transaction
2,009,101 shares
Directly owned Common Stock following the tax-withholding disposition
Key Terms
restricted stock units, withholding tax obligations, Common Stock
3 terms
restricted stock units financial
"upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withholding tax obligations financial
"shares withheld to satisfy withholding tax obligations"
Common Stock financial
"4,325 shares of Common Stock were withheld"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Core Scientific (CORZ) report for Todd M. Duchene?
Core Scientific reported a tax-withholding disposition for Todd M. Duchene. On July 16, 2026, 4,325 Common Stock shares were withheld at $22.72 per share to cover tax obligations arising from the vesting of restricted stock units.
Who is the insider involved in this Core Scientific (CORZ) Form 4 filing?
The Form 4 filing involves Todd M. Duchene, identified as Core Scientific’s Chief Legal and Administrative Officer. The reported activity concerns shares withheld for tax obligations tied to the vesting of his restricted stock units.
Were Todd M. Duchene’s CORZ transactions under a Rule 10b5-1 trading plan?
The filing indicates the transaction was a tax-withholding event for RSU vesting rather than a Rule 10b5-1 trading plan sale. Shares were withheld by the issuer to meet withholding tax obligations, not traded pursuant to a preset selling program.