Core Scientific officer sells 10,000 shares
Core Scientific, Inc. (CORZ) officer Todd M. Duchene, Chief Legal and Administrative Officer, reported selling 10,000 shares of common stock on August 31, 2026 at a weighted average price of $16.23 per share under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
Core Scientific, Inc. (CORZ) officer Todd M. Duchene, Chief Legal and Administrative Officer, reported selling 10,000 shares of common stock on August 31, 2026 at a weighted average price of $16.23 per share under a Rule 10b5-1 trading plan. After this sale, he held 1,927,896 shares directly.
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Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
DUCHENE TODD M
Role
See remarks
Sold
10,000 shs ($162K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 10,000 | $16.234 | $162K |
Holdings After Transaction:
Common Stock — 1,927,896 shares (Direct)
Footnotes (2)
- 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 $16.02 to $16.51, 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: 10,000 shares
Weighted average sale price: $16.23 per share
Sale price range: $16.02–$16.51 per share
+2 more
5 metrics
Shares sold
10,000 shares
Common stock sale on August 31, 2026
Weighted average sale price
$16.23 per share
Weighted average of multiple trades between $16.02 and $16.51
Sale price range
$16.02–$16.51 per share
Price range for the 10,000 shares sold
Shares held after transaction
1,927,896 shares
Direct holdings of Todd M. Duchene following the sale
Adoption date of Rule 10b5-1 plan
December 5, 2025
Plan governing the August 31, 2026 sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"transactions 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"
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
"Sale in open market or private transaction"
FAQ
What insider transaction did CORZ report for Todd M. Duchene?
Core Scientific reported that officer Todd M. Duchene sold 10,000 shares of common stock on August 31, 2026, in an open-market or private transaction reported at a weighted average price of $16.23 per share.
Was the CORZ insider sale by Todd M. Duchene under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by Todd M. Duchene on December 5, 2025, and the Rule 10b5-1 checkbox is marked as true.
What role does Todd M. Duchene have at Core Scientific (CORZ)?
Todd M. Duchene is identified as an officer of Core Scientific, serving as Chief Legal and Administrative Officer, according to the Form 4 remarks and officer-title disclosure.
AI-generated analysis. How Rhea-AI works. Not financial advice.