SEC Form 4 · accession 0000905148-26-004132
Core Scientific, Inc./tx · CORZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd M Duchene
Officer — See remarks
Period of report
Sep 8, 2026
Accepted (ET)
Sep 10, 2026 · 4:08 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001839341
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Sep 8, 2026 | S | 10,000 | $18.6735 | D | 1,217,896 | D | |
| Common StockF3,F4 | holding | — | — | — | 700,000 | I | By GRAT |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tranche 1 WarrantsF6 | $6.81 | Sep 9, 2026 | G | 95,000 | D | Jan 23, 2024 | Jan 23, 2027 | Common Stock | 95,000 | 422,133 | D |
Explanation of responses
- F1The 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.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.18 to $19.02, 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.
- F3Reflects the transfer of 700,000 shares that the Reporting Person held directly to a grantor retained annuity trust of which the Reporting Person is the sole trustee on September 10, 2026, which transfer was exempt from Section 16 pursuant to Rule 16a-13 under the Securities Exchange Act of 1934, as amended.
- F4Represents shares held by a grantor retained annuity trust of which the Reporting Person is the sole trustee.
- F5Reflects a charitable donation.
- F6Each whole Tranche 1 Warrant entitles the registered holder to purchase one whole share of the Issuer's common stock at an exercise price of $6.81 per share, subject to certain adjustments.
Remarks
Chief Legal and Administrative Officer