Core Scientific (CORZ) officer sells 10,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Core Scientific, Inc. officer Todd M. Duchene sold 10,000 shares of Common Stock in an open-market transaction. The sale, executed on April 27, 2026, was made at a weighted average price of $20.939 per share under a pre-arranged Rule 10b5-1 trading plan adopted on December 5, 2025. Following this sale, Duchene directly holds 1,990,348 shares of Core Scientific common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($209,390)
Net Sell
1 txn
Insider
DUCHENE TODD M
Role
See remarks
Sold
10,000 shs ($209K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $20.939 | $209K |
Holdings After Transaction:
Common Stock — 1,990,348 shares (Direct, null)
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 $20.58 to $21.26, 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: $20.939 per share
Price range of trades: $20.58–$21.26 per share
+3 more
6 metrics
Shares sold
10,000 shares
Open-market sale of Common Stock on April 27, 2026
Weighted average sale price
$20.939 per share
Average price for 10,000 shares sold
Price range of trades
$20.58–$21.26 per share
Range of individual sale prices in multiple transactions
Shares held after sale
1,990,348 shares
Direct ownership following the reported transaction
Trading plan adoption date
December 5, 2025
Adoption date of Rule 10b5-1 trading plan used for this sale
Transaction code
S
Sale in open market or private transaction, non-derivative
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, non-derivative, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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 in multiple transactions"
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 sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
"transaction_type": "non-derivative""
transaction code "S" regulatory
"transaction_code": "S", "transaction_code_description": "Sale in open market or private transaction""
FAQ
What insider transaction did Core Scientific (CORZ) report for Todd M. Duchene?
Core Scientific reported that officer Todd M. Duchene sold 10,000 shares of Common Stock. The open-market sale occurred on April 27, 2026, at a weighted average price of $20.939 per share and was executed under a pre-arranged Rule 10b5-1 trading plan.
Was the Core Scientific (CORZ) insider sale by Todd M. Duchene pre-planned?
Yes. The Form 4 states the transactions were effected under a Rule 10b5-1 trading plan adopted by Todd M. Duchene on December 5, 2025. Such plans allow insiders to schedule trades in advance, helping separate routine liquidity events from discretionary timing decisions.
What type of transaction did Todd M. Duchene execute in Core Scientific (CORZ) stock?
Todd M. Duchene executed an open-market sale of Common Stock, coded as “S” in the Form 4. This non-derivative transaction involved 10,000 shares and reflects a direct disposition rather than an option exercise, gift, or tax-withholding related transfer.