Form 4: Core Scientific Director Patten Acquires 2,100 Shares of Common Stock

Director Jarrod M Patten of Core Scientific, Inc. purchased 2,100 shares of common stock at $9.90 per share on September 10, 2024, increasing his direct holdings to 295,660 shares.

Summary

• On September 10, 2024, Jarrod M Patten, a director of Core Scientific, Inc., acquired 2,100 shares of common stock.
• The purchase price was $9.90 per share.
• Following the transaction, Patten directly owns 295,660 shares of Core Scientific's common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the transaction is relatively small and doesn't provide a strong signal.

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, engages in a transaction involving the company's securities. It provides transparency to the market regarding the trading activities of those with privileged access to company information.

Stakeholder Impact

• The purchase could have a minor positive impact on shareholder sentiment.

Key Dates