STOCK TITAN

Core Scientific (CORZ) insider reports tax withholding on RSU vesting

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Core Scientific, Inc. reported that Chief Legal and Administrative Officer Todd M. Duchene had 4,325 shares of Common Stock withheld on July 16, 2026 to satisfy withholding tax obligations upon the vesting of restricted stock units, at $22.72 per share. After this tax-withholding disposition, he directly holds 2,009,101 Common Stock shares.

Positive

  • None.

Negative

  • None.
Insider DUCHENE TODD M
Role See remarks
Type Security Shares Price Value
Tax Withholding Common Stock F1 4,325 $22.72 $98K
Holdings After Transaction: Common Stock — 2,009,101 shares (Direct)
Footnotes (1)
  1. F1. Represents shares withheld to satisfy withholding tax obligations upon the vesting of restricted stock units.
Shares withheld for taxes 4,325 shares Common Stock withheld to satisfy withholding tax obligations on RSU vesting
Tax withholding price $22.72 per share Per-share value applied to 4,325 withheld shares
Holdings after transaction 2,009,101 shares Directly owned Common Stock following the tax-withholding disposition
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
"shares withheld to satisfy withholding tax obligations"
Common Stock financial
"4,325 shares of Common Stock were withheld"
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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

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

Core Scientific reported a tax-withholding disposition for Todd M. Duchene. On July 16, 2026, 4,325 Common Stock shares were withheld at $22.72 per share to cover tax obligations arising from the vesting of restricted stock units.

How many CORZ shares does Todd M. Duchene own after this Form 4 transaction?

After the reported tax-withholding disposition, Todd M. Duchene directly owns 2,009,101 shares of Core Scientific Common Stock. This figure reflects his holdings following the withholding of 4,325 shares for tax obligations tied to restricted stock unit vesting.

Was the CORZ insider transaction a market sale of shares?

No, the transaction was not an open-market sale. The 4,325 shares of Core Scientific Common Stock were withheld to satisfy tax obligations triggered by the vesting of restricted stock units, rather than sold on the open market.

What price per share is associated with the CORZ tax-withholding event?

The tax-withholding disposition for Todd M. Duchene used a price of $22.72 per share. This per-share value applies to the 4,325 Common Stock shares withheld to cover withholding tax obligations upon the vesting of restricted stock units.

Who is the insider involved in this Core Scientific (CORZ) Form 4 filing?

The Form 4 filing involves Todd M. Duchene, identified as Core Scientific’s Chief Legal and Administrative Officer. The reported activity concerns shares withheld for tax obligations tied to the vesting of his restricted stock units.

Were Todd M. Duchene’s CORZ transactions under a Rule 10b5-1 trading plan?

The filing indicates the transaction was a tax-withholding event for RSU vesting rather than a Rule 10b5-1 trading plan sale. Shares were withheld by the issuer to meet withholding tax obligations, not traded pursuant to a preset selling program.
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).
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)
07/16/2026
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 Stock07/16/2026F(1)4,325D$22.722,009,101D
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. Represents shares withheld to satisfy withholding tax obligations upon the vesting of restricted stock units.
Remarks:
Chief Legal and Administrative Officer
/s/ Todd DuChene07/20/2026
** 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)