Core Scientific (CORZ) officer sells 10,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
Core Scientific, Inc. officer Todd M. Duchene reported selling 10,000 shares of common stock in open-market transactions. The sales occurred on June 15, 2026 in two trades at weighted average prices of $28.79 and $28.19 per share. According to the disclosure, these transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 5, 2025, indicating the timing was scheduled in advance rather than a discretionary move.
Positive
- None.
Negative
- None.
Insights
Pre-planned 10,000-share sale by Core Scientific officer looks routine.
Officer Todd M. Duchene reported selling 10,000 shares of Core Scientific common stock in two open-market trades on June 15, 2026. The sale used a weighted average price of about $28.79 for 100 shares and $28.1875 for 9,900 shares.
The filing states these sales were made under a Rule 10b5-1 trading plan adopted on December 5, 2025. Such plans are set up in advance and execute automatically, so the timing generally carries limited informational value about the insider’s current view of the stock.
The transactions are all non-derivative common stock sales, with no option exercises or derivative conversions reported, and the filing does not show additional derivative positions. Subsequent company filings may provide further context on any future transactions or changes in the officer’s holdings.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,900 | $28.1875 | $279K |
| Sale | Common Stock | 100 | $28.79 | $3K |
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 $27.64 to $28.54, 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.