Form 4: Core Scientific Director Jarrod M Patten Acquires 4,000 Shares of Common Stock
SEC Form 4 Filing
Director Jarrod M Patten of Core Scientific, Inc. purchased 4,000 shares of common stock at $9.7 per share on August 28, 2024.
Summary
- On August 28, 2024, Jarrod M Patten, a director of Core Scientific, Inc., acquired 4,000 shares of the company's common stock.
- The purchase price was $9.7 per share.
- Following the transaction, Patten directly owns 279,239 shares of Core Scientific common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a relatively small transaction.
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
This Form 4 filing is a routine disclosure required by the SEC when a company insider, such as a director, buys or sells shares of their company's stock. It provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/28/2024 | Date of transaction: Jarrod M Patten acquired 4,000 shares of Core Scientific common stock. |
| 08/29/2024 | Date of signature on the Form 4 filing. |
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