Core Scientific's Chief Legal Officer Reports Stock Sale and Tax-Related Share Withholding

2 min read | August 19, 2026 01:59 PM PDT | By Nitish Kishor

Core Scientific's Chief Legal Officer Reports Stock Sale and Tax-Related Share Withholding

Key Highlights

Disposition of 10,000 shares: DuChene sold 10,000 shares of Core Scientific common stock at a weighted average price of $20.0974, with individual sale prices ranging between $19.74 and $20.42.
Tax withholding shares: An additional 11,205 shares were withheld at $20.13 per share to fulfill tax obligations related to the vesting of restricted stock units.
Post-transaction holdings: Following these transactions, DuChene directly owns 1,947,896 shares of Core Scientific common stock.
Rule 10b5-1 trading plan: The share sale was executed under a trading plan adopted by DuChene on December 5, 2025, as detailed in the filing.
Officer designation: The filing identifies DuChene as Core Scientific's Chief Legal and Administrative Officer.

Details of DuChene's August 2026 Core Scientific Stock Transactions

The filing indicates that DuChene’s sale of 10,000 common shares on August 17, 2026, was conducted pursuant to a Rule 10b5-1 trading plan he established on December 5, 2025. The reported weighted average sale price was $20.0974, with individual sales ranging from $19.74 to $20.42. The filing states DuChene "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."

Additionally, on the same date, 11,205 shares were withheld in a tax withholding transaction coded "F" in the filing. These shares were withheld to satisfy withholding tax obligations upon the vesting of restricted stock units, at a price of $20.13 per share. Core Scientific, traded on NASDAQ under the ticker CORZ, is a technology company, with DuChene serving in a senior legal and administrative role. After these transactions, his direct beneficial ownership totaled 1,947,896 shares of common stock.

Summary of Disclosures

The filing reveals two stock disposals by Todd M. DuChene, Core Scientific’s Chief Legal and Administrative Officer, on August 17, 2026: a Rule 10b5-1 plan-based sale of 10,000 shares and a tax-related withholding of 11,205 restricted stock unit shares, resulting in a remaining direct ownership of 1,947,896 shares.

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