Core Scientific, Inc. (CORZ) officer sells 10,000 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Todd M. Duchene, an officer of Core Scientific, Inc., reported two open-market sales totaling 10,000 shares of Common Stock on July 13, 2026, at weighted average prices of $22.4301 and $23.0100 per share.
The transactions were effected pursuant to a pre-established Rule 10b5-1 trading plan adopted on December 5, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($224,475)
Net Sell
2 txns
Insider
DUCHENE TODD M
Role
See remarks
Sold
10,000 shs ($224K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,700 | $22.4301 | $218K |
| Sale | Common Stock | 300 | $23.01 | $7K |
Holdings After Transaction:
Common Stock — 2,013,726 shares (Direct)
Footnotes (1)
- 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. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.91 to $22.89, 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. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.97 to $23.04, 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
Total shares sold: 10,000 shares of Common Stock
Sale tranche at $22.4301: 9,700 shares
Sale tranche at $23.0100: 300 shares
+3 more
6 metrics
Total shares sold
10,000 shares of Common Stock
Combined open-market sales reported for July 13, 2026
Sale tranche at $22.4301
9,700 shares
Weighted average price per share for one transaction on July 13, 2026
Sale tranche at $23.0100
300 shares
Weighted average price per share for one transaction on July 13, 2026
Price range for lower-priced tranche
$21.91 to $22.89 per share
Range of individual trade prices within one sale, inclusive
Price range for higher-priced tranche
$22.97 to $23.04 per share
Range of individual trade prices within the other sale, inclusive
Trading plan adoption date
December 5, 2025
Date the Rule 10b5-1 trading plan governing these sales was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale
3 terms
Rule 10b5-1 trading plan regulatory
"The transactions reported ... were effected pursuant to a Rule 10b5-1 trading plan adopted..."
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 in multiple transactions..."
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 sale financial
"transaction_action: open-market sale, transaction code description: Sale in open market..."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did CORZ officer Todd M. Duchene report?
Todd M. Duchene, an officer of Core Scientific (CORZ), reported selling 10,000 shares of Common Stock on July 13, 2026. The sales occurred in two open-market transactions at weighted average prices of $22.4301 and $23.0100 per share under a Rule 10b5-1 plan.
Were Todd M. Duchene’s CORZ stock sales under a Rule 10b5-1 plan?
Yes. The sales were effected under a Rule 10b5-1 trading plan adopted on December 5, 2025. Such plans pre-schedule trades, meaning the timing of these transactions was set in advance rather than decided on the trade date.
What type of security did the CORZ insider sell?
Todd M. Duchene sold Common Stock of Core Scientific (CORZ) in open-market transactions. The Form 4 lists two non-derivative transactions, each involving Common Stock, with a combined total of 10,000 shares sold on July 13, 2026.