Core Scientific CEO has 21,839 shares withheld for taxes
Core Scientific, Inc. (CORZ) Chief Executive Officer Adam Taylor Sullivan reported that 21,839 shares were withheld on October 16, 2026, to satisfy withholding tax obligations upon vesting of previously granted restricted stock units.
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Rhea-AI Filing Summary
Core Scientific, Inc. (CORZ) Chief Executive Officer Adam Taylor Sullivan reported that 21,839 shares were withheld on October 16, 2026, to satisfy withholding tax obligations upon vesting of previously granted restricted stock units. The transaction was not an open-market sale. His reported direct holdings following the transaction were 4,391,079 shares; the reported price was $14.4550 per share.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 21,839 | $14.455 | $316K |
Footnotes (1)
- F1. This Form 4 reports the withholding of shares to satisfy withholding tax obligations upon the vesting of restricted stock units which were previously granted and reported. The change in share ownership of the Reporting Person reported in this Form 4 results from the difference between (i) the number of restricted stock units subject to vesting that were previously granted and reported and (ii) the net number of shares actually received upon vesting of such restricted stock units after the withholding of shares to satisfy withholding tax obligations. This does not reflect an open market sale of securities.
Key Figures
Key Terms
restricted stock units financial
vesting financial
withholding tax obligations financial
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