Form 4: Core Scientific Director Patten Acquires 2,100 Shares of CORZ
SEC Form 4 Filing
Director Jarrod M Patten purchased 2,100 shares of Core Scientific, Inc. (CORZ) at $10.1 per share on September 11, 2024, increasing his direct holdings to 297,760 shares.
Summary
- On September 11, 2024, Jarrod M Patten, a director of Core Scientific, Inc. (CORZ), acquired 2,100 shares of common stock.
- The purchase price was $10.1 per share.
- Following the transaction, Patten directly owns 297,760 shares of Core Scientific.
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 performance.
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
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This purchase reflects one director's individual investment decision and may or may not be indicative of broader trends or sentiment within the company or industry.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | Date of transaction: Jarrod M Patten purchased 2,100 shares of CORZ. |
| 09/12/2024 | Date of signature on the Form 4 filing. |
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