Form 4: Core Scientific Director Patten Acquires $50,210 in Company Stock

Director Jarrod M. Patten of Core Scientific, Inc. purchased 5,021 shares of common stock at an average price of $9.6786 on September 3, 2024.

Summary

• On September 3, 2024, Jarrod M. Patten, a director of Core Scientific, Inc., acquired 5,021 shares of common stock.
• The purchase was made at a weighted average price of $9.6786 per share.
• The total value of the transaction was approximately $50,210.
• Following the transaction, Patten directly owns 285,760 shares of Core Scientific, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, 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

Director purchases are common and closely watched as indicators of management's sentiment about the company's prospects. This purchase could be interpreted as a positive signal.

Stakeholder Impact

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

Key Dates