Core Scientific (CORZ) awards 27,594 RSUs to director Mark Adams
Rhea-AI Filing Summary
Adams Mark reported acquisition or exercise transactions in this Form 4 filing.
Core Scientific, Inc. reported that director Mark Adams received a grant of 27,594 restricted stock units of common stock on July 30, 2026. These RSUs vest in two equal installments on July 30, 2027 and July 30, 2028, contingent on his continued service, resulting in direct ownership of 27,594 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 27,594 shares
Net Buy
1 txn
Insider
Adams Mark
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 27,594 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 27,594 shares (Direct)
Footnotes (1)
- F1. Represents a restricted stock unit ("RSU") grant. The RSUs will vest in two equal installments on July 30, 2027 and July 30, 2028, provided that the Reporting Person continues to provide service to the Issuer on each vesting date.
Key Figures
RSU grant size: 27,594 units
Total common stock equivalents after grant: 27,594 units
Vesting installments: 2
+1 more
4 metrics
RSU grant size
27,594 units
Restricted stock units granted to Mark Adams on 2026-07-30
Total common stock equivalents after grant
27,594 units
Direct non-derivative holdings reported following the award
Vesting installments
2
RSUs vest in two equal installments if service continues
Vesting dates
July 30, 2027 and July 30, 2028
Service-based vesting schedule for the RSU grant
Key Terms
restricted stock unit, vest, Reporting Person
3 terms
restricted stock unit financial
"Represents a restricted stock unit ("RSU") grant."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vest financial
"The RSUs will vest in two equal installments on July 30, 2027 and July 30, 2028"
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.
Reporting Person financial
"provided that the Reporting Person continues to provide service to the Issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Mark Adams receive from Core Scientific (CORZ)?
Mark Adams received a grant of 27,594 restricted stock units (RSUs) of Core Scientific common stock on July 30, 2026. The RSUs are a stock-based compensation award that can convert into shares as they vest over time, subject to service conditions.
When do Mark Adams's CORZ restricted stock units vest?
The 27,594 RSUs granted to Mark Adams vest in two equal installments on July 30, 2027 and July 30, 2028. Each vesting date requires that he continue providing service to Core Scientific through that specific vesting date.
Is Mark Adams's recent CORZ transaction a market purchase or a grant?
The reported CORZ transaction is a grant of restricted stock units, not a market purchase. The Form 4 identifies the transaction as a grant or award acquisition, with a per-unit price of $0.00, typical for equity compensation awards.
How many Core Scientific (CORZ) units does Mark Adams hold after this grant?
After the July 30, 2026 RSU grant, Mark Adams holds 27,594 common stock equivalent units directly. This figure reflects the total non-derivative holdings reported following the award, assuming the RSUs are reported as common stock equivalents on the form.
What conditions apply to the vesting of Mark Adams's CORZ RSUs?
The 27,594 RSUs vest only if Mark Adams continues to provide service to Core Scientific. Vesting occurs in two equal installments on July 30, 2027 and July 30, 2028, so leaving the company before a vesting date would forfeit unvested units.