Form 4: Core Scientific Director Eric Stanton Weiss Buys $46,050 in Company Stock
SEC Form 4 Filing
Director Eric Stanton Weiss purchased 5,000 shares of Core Scientific, Inc. at $9.21 per share on September 9, 2024.
Summary
- On September 9, 2024, Eric Stanton Weiss, a director of Core Scientific, Inc., purchased 5,000 shares of common stock.
- The purchase price was $9.21 per share.
- The total value of the transaction was $46,050.
- Following the transaction, Weiss directly owns 195,239 shares of Core Scientific common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director buying shares suggests confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's health.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider buying is often monitored by investors as an indicator of management's sentiment about the company's prospects. It can be a positive sign, but should be considered alongside other factors.
Stakeholder Impact
- The stock purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/09/2024 | Date of stock purchase transaction |
| 09/10/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.