Core Scientific (CORZ) legal chief sells 10,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Core Scientific, Inc. officer Todd M. Duchene, Chief Legal and Administrative Officer, reported open-market sales of company common stock. On August 10, 2026, he sold 9,000 shares at a weighted average price of $19.8986 per share and 1,000 shares at a weighted average price of $20.6480 per share. The filing states these transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on December 5, 2025, and that the prices reflect multiple trades within disclosed ranges.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
2 txns
Insider
DUCHENE TODD M
Role
See remarks
Sold
10,000 shs ($200K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 9,000 | $19.8986 | $179K |
| Sale | Common Stock F1, F3 | 1,000 | $20.648 | $21K |
Holdings After Transaction:
Common Stock — 1,969,101 shares (Direct)
Footnotes (3)
- F1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 5, 2025.
- F2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.45 to $20.44, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
- F3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.47 to $20.89, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.
Key Figures
Shares sold (first transaction): 9,000 shares
Price per share (first transaction): $19.8986
Shares sold (second transaction): 1,000 shares
+5 more
8 metrics
Shares sold (first transaction)
9,000 shares
Common Stock sale on August 10, 2026 at weighted average price
Price per share (first transaction)
$19.8986
Weighted average sale price for 9,000 shares of Common Stock
Shares sold (second transaction)
1,000 shares
Common Stock sale on August 10, 2026 at weighted average price
Price per share (second transaction)
$20.6480
Weighted average sale price for 1,000 shares of Common Stock
Total shares sold
10,000 shares
Aggregate of reported sales of Common Stock on August 10, 2026
10b5-1 plan adoption date
December 5, 2025
Date Duchene adopted Rule 10b5-1 trading plan governing these sales
Price range (first transaction)
$19.45 to $20.44
Range of prices for multiple trades comprising first weighted average
Price range (second transaction)
$20.47 to $20.89
Range of prices for multiple trades comprising second weighted average
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported is a weighted average price. These shares were sold"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"transaction code description: Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did CORZ officer Todd Duchene report on August 10, 2026?
Todd M. Duchene reported two open-market sales of Core Scientific (CORZ) common stock on August 10, 2026, totaling 10,000 shares. One trade covered 9,000 shares and the other 1,000 shares, each at separate weighted average prices.
What prices did Todd Duchene receive for his CORZ stock sales?
Duchene’s sales were reported at weighted average prices of $19.8986 per share for 9,000 shares and $20.6480 per share for 1,000 shares. Each average reflects multiple trades within price ranges disclosed in the footnotes.
Were Todd Duchene’s CORZ stock sales made under a Rule 10b5-1 plan?
Yes. A footnote states the reported Core Scientific (CORZ) transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Todd M. Duchene on December 5, 2025, indicating they followed a pre-established trading schedule.
Are detailed price breakdowns for the CORZ insider sales available?
The filing reports weighted average prices and notes that shares were sold in multiple transactions within specified ranges. It states Duchene will provide full information on the number of shares sold at each price upon request.