Core Scientific (CORZ) CEO has 18,023 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core Scientific, Inc. Chief Executive Officer Adam Taylor Sullivan reported a routine tax-related share disposition. A total of 18,023 shares of common stock were withheld on June 30, 2026 to cover withholding tax obligations triggered by the vesting of restricted stock units. This was not an open-market sale, but an automatic tax-withholding event. Following the transaction, Sullivan directly owned 4,452,010 shares of Core Scientific common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sullivan Adam Taylor
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 18,023 | $25.59 | $461K |
Holdings After Transaction:
Common Stock — 4,452,010 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 18,023 shares
Withholding price per share: $25.59 per share
Shares held after transaction: 4,452,010 shares
+1 more
4 metrics
Shares withheld for taxes
18,023 shares
Withheld on June 30, 2026 for RSU tax obligations
Withholding price per share
$25.59 per share
Value used for 18,023-share tax-withholding disposition
Shares held after transaction
4,452,010 shares
CEO’s direct common stock holdings following tax withholding
Transaction code
Code F
Payment of tax liability by delivering securities
Key Terms
restricted stock units, withholding tax obligations, tax-withholding disposition, Common Stock, +1 more
5 terms
restricted stock units financial
"upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
withholding tax obligations financial
"withheld to satisfy withholding tax obligations upon the vesting"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.