Nygaard James P Jr 4

What Happened

• James P. Nygaard Jr., Chief Financial Officer of Core Scientific, had 92,725 shares disposed (withheld) on March 17, 2026 at $16.42 per share, totaling $1,522,545. This disposition reflects shares withheld to satisfy withholding tax obligations upon the vesting of restricted stock units (RSUs), i.e., a tax-withholding transaction rather than an open-market sale.

Key Details

• Transaction date: 2026-03-17; price: $16.42 per share; shares withheld/disposed: 92,725; aggregate value: $1,522,545.
• Shares owned after transaction: Not specified in the provided Form 4.
• Footnotes: F1 confirms shares were withheld to satisfy tax withholding on RSU vesting. F2 notes prior acquisitions of small lots of stock (3,555 and 336 shares) received in 2025 via in‑kind distributions exempt under Rule 16a‑9.
• Filing timeliness: Report filed on 2026-03-19 for a 2026-03-17 transaction — appears timely (within the Form 4 reporting window).

Context

• Withholding to cover taxes on vested RSUs is routine and does not necessarily indicate a decision to sell holdings in the open market; it’s an administrative disposition to satisfy tax obligations.
• This was not a market sale or purchase input by the insider; retail investors typically view withholding transactions as neutral for assessing insider sentiment.