Core Scientific (CORZ) legal chief sells 10,000 shares in 10b5-1 plan
Rhea-AI Filing Summary
Core Scientific, Inc. reported that Chief Legal and Administrative Officer Todd M. Duchene sold a total of 10,000 shares of common stock on August 3, 2026. The sales occurred in three open market or private transactions at weighted-average prices of $20.3903, $21.55 and $22.6166 per share. All trades were executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on December 5, 2025, with individual sales taking place within price ranges of $19.99–$20.72, $21.03–$21.95 and $22.12–$22.95 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
3 txns
Insider
DUCHENE TODD M
Role
See remarks
Sold
10,000 shs ($222K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,000 | $20.3903 | $20K |
| Sale | Common Stock F1, F3 | 1,500 | $21.55 | $32K |
| Sale | Common Stock F1, F4 | 7,500 | $22.6166 | $170K |
Holdings After Transaction:
Common Stock — 1,979,101 shares (Direct)
Footnotes (4)
- 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 $19.99 to $20.72, 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 $21.03 to $21.95, 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.
- F4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.12 to $22.95, 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
Shares sold, tranche 1: 1,000 shares
Price, tranche 1: $20.3903 per share
+4 more
7 metrics
Total shares sold
10,000 shares
Aggregate Core Scientific common shares sold by Todd M. Duchene on August 3, 2026
Shares sold, tranche 1
1,000 shares
Common stock sold on August 3, 2026 at a weighted-average price of $20.3903 per share
Price, tranche 1
$20.3903 per share
Weighted-average sale price for 1,000 shares of common stock on August 3, 2026
Shares sold, tranche 2
1,500 shares
Common stock sold on August 3, 2026 at a weighted-average price of $21.55 per share
Price, tranche 2
$21.55 per share
Weighted-average sale price for 1,500 shares of common stock on August 3, 2026
Shares sold, tranche 3
7,500 shares
Common stock sold on August 3, 2026 at a weighted-average price of $22.6166 per share
Price, tranche 3
$22.6166 per share
Weighted-average sale price for 7,500 shares of common stock on August 3, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 trading plan financial
"transactions 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"
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 "S" described as Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did CORZ disclose for Todd M. Duchene?
Core Scientific (CORZ) reported that Todd M. Duchene, its Chief Legal and Administrative Officer, sold 10,000 shares of common stock on August 3, 2026. The sale was executed in three open market or private transactions at weighted-average prices of $20.3903, $21.55 and $22.6166 per share.
Were the CORZ insider sales made under a Rule 10b5-1 trading plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted by Todd M. Duchene on December 5, 2025. This indicates the August 3, 2026 sales followed a pre-arranged schedule rather than discretionary, same-day trading decisions.
How many Core Scientific (CORZ) trades did Todd M. Duchene report?
Todd M. Duchene reported three separate transactions in Core Scientific common stock on August 3, 2026. Each transaction is coded “S” for sale and described as a sale in open market or private transaction, together totaling 10,000 shares sold under his Rule 10b5-1 plan.
What is Todd M. Duchene’s role at Core Scientific (CORZ)?
Todd M. Duchene is identified as Core Scientific’s Chief Legal and Administrative Officer. The Form 4 lists him as an officer of the company, with his specific title provided in the remarks section accompanying the insider transaction disclosure for the August 3, 2026 stock sales.