Large CRWV (NASDAQ: CRWV) holder files to sell 281,250 shares
Rhea-AI Filing Summary
CRWV has a notice to sell 281,250 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of 26,780,625.00. These shares are part of a class with 386,401,201 shares outstanding and are expected to be sold on or around 01/21/2026 on the NASDAQ.
The shares to be sold were acquired as founders shares from the issuer on 12/27/2023, in a single block of 281,250 shares. Over the past three months, related parties such as West Clay Capital LLC, Brian Venturo, YOLO APV Trust, YOLO ECV Trust, and a non-affiliate donee have already sold multiple blocks of CRWV common stock, each transaction generating multi-million dollar gross proceeds under Rule 10b5-1 trading arrangements.
Positive
- None.
Negative
- None.
Insights
Large CRWV holder files to sell 281,250 more shares after substantial recent 10b5-1 sales.
The filing describes a planned sale of 281,250 CRWV common shares, with an aggregate market value of 26,780,625.00, from a block originally acquired as founders shares on 12/27/2023. The shares are part of a much larger base of 386,401,201 shares outstanding, and the planned transaction is routed through Morgan Stanley Smith Barney LLC for execution on NASDAQ around 01/21/2026.
The document also lists substantial prior sales in the past three months by entities and persons such as West Clay Capital LLC, Brian Venturo, and the YOLO APV and YOLO ECV trusts, many executed under Rule 10b5-1 trading plans. Individual transactions include blocks of 281,250 shares and other sizable amounts, each generating gross proceeds in the tens of millions of dollars. Actual market impact depends on trading liquidity and future selling decisions under these plans.
FAQ
What does the CRWV Form 144 filing disclose?
How many CRWV shares are outstanding compared with the amount to be sold?
When were the CRWV shares being sold originally acquired and how?
When is the planned sale date for the 281,250 CRWV shares?
Which broker is handling the proposed CRWV share sale?
What CRWV stock sales occurred in the past 3 months by related parties?
Are the recent CRWV sales under Rule 10b5-1 trading plans?