STOCK TITAN

Core Scientific (CORZ) officer sells 10,000 shares under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Core Scientific, Inc. officer Todd M. Duchene sold 10,000 shares of Common Stock in an open-market transaction. The sale, executed on April 27, 2026, was made at a weighted average price of $20.939 per share under a pre-arranged Rule 10b5-1 trading plan adopted on December 5, 2025. Following this sale, Duchene directly holds 1,990,348 shares of Core Scientific common stock.

Positive

  • None.

Negative

  • None.
Insider DUCHENE TODD M
Role See remarks
Sold 10,000 shs ($209K)
Type Security Shares Price Value
Sale Common Stock 10,000 $20.939 $209K
Holdings After Transaction: Common Stock — 1,990,348 shares (Direct, null)
Footnotes (1)
  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 $20.58 to $21.26, 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.
Shares sold 10,000 shares Open-market sale of Common Stock on April 27, 2026
Weighted average sale price $20.939 per share Average price for 10,000 shares sold
Price range of trades $20.58–$21.26 per share Range of individual sale prices in multiple transactions
Shares held after sale 1,990,348 shares Direct ownership following the reported transaction
Trading plan adoption date December 5, 2025 Adoption date of Rule 10b5-1 trading plan used for this sale
Transaction code S Sale in open market or private transaction, non-derivative
Rule 10b5-1 trading plan regulatory
"transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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""
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.
non-derivative financial
"transaction_type": "non-derivative""
transaction code "S" regulatory
"transaction_code": "S", "transaction_code_description": "Sale in open market or private transaction""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
DUCHENE TODD M

(Last)(First)(Middle)
C/O CORE SCIENTIFIC, INC.
838 WALKER ROAD, SUITE 21-2105

(Street)
DOVER DELAWARE 19904

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Core Scientific, Inc./tx [ CORZ ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/27/2026S(1)10,000D$20.939(2)1,990,348D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.58 to $21.26, 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.
Remarks:
Chief Legal and Administrative Officer
/s/ Todd DuChene04/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Core Scientific (CORZ) report for Todd M. Duchene?

Core Scientific reported that officer Todd M. Duchene sold 10,000 shares of Common Stock. The open-market sale occurred on April 27, 2026, at a weighted average price of $20.939 per share and was executed under a pre-arranged Rule 10b5-1 trading plan.

How many Core Scientific (CORZ) shares does Todd M. Duchene hold after this sale?

After selling 10,000 shares, Todd M. Duchene directly holds 1,990,348 shares of Core Scientific Common Stock. This remaining stake shows the transaction represents a small portion of his overall holdings, based on the figures disclosed in the Form 4 filing.

What price did Todd M. Duchene receive for his Core Scientific (CORZ) share sale?

The filing reports a weighted average sale price of $20.939 per share for the 10,000 Core Scientific shares. Footnotes explain the shares were sold in multiple trades between $20.58 and $21.26, with detailed trade data available on request from the reporting person.

Was the Core Scientific (CORZ) insider sale by Todd M. Duchene pre-planned?

Yes. The Form 4 states the transactions were effected under a Rule 10b5-1 trading plan adopted by Todd M. Duchene on December 5, 2025. Such plans allow insiders to schedule trades in advance, helping separate routine liquidity events from discretionary timing decisions.

What type of transaction did Todd M. Duchene execute in Core Scientific (CORZ) stock?

Todd M. Duchene executed an open-market sale of Common Stock, coded as “S” in the Form 4. This non-derivative transaction involved 10,000 shares and reflects a direct disposition rather than an option exercise, gift, or tax-withholding related transfer.