Across 44 Form 4 filings, DUCHENE TODD M has been a consistent seller of Core Scientific, Inc. (CORZ) stock, with total open-market sales reaching approximately $4.12 million and zero corresponding purchases. The pattern is unambiguous: every transaction in the recent window is a sale, with no buy-side activity recorded. The selling has been steady and methodical, occurring nearly every week from late May through late July 2026, with individual sale values ranging from a few thousand dollars to over $279,000. The largest single transaction came on June 15, 2026, at $279,056.25, followed closely by a $262,540 sale on May 26, 2026. Smaller sales, such as the $2,249 and $2,795 transactions on July 27 and June 29 respectively, suggest the insider is liquidating shares on a regular schedule rather than in one large block.
The filings also reveal two "F" code transactions—shares withheld to cover tax obligations—on June 30 and July 16, 2026, valued at $139,951.71 and $98,264 respectively. These are automatic withholdings tied to equity compensation, not discretionary trades. One "A" code grant on May 20, 2026, with a value of $0, represents a compensation award rather than a market purchase. The absence of any "P" code transactions—open-market purchases that would signal conviction—reinforces the one-directional nature of the activity. Over the roughly two-month period covered by the recent filings, DUCHENE has sold CORZ shares on at least 22 separate occasions, with the aggregate value of those sales exceeding $2.5 million alone. The consistent, recurring nature of the sales, combined with the complete lack of buy-side activity, paints a clear picture of an insider steadily reducing their position in the bitcoin mining and hosting company.
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