CoreWeave (CRWV) CDO converts, then sells 127,830 Class A shares
Rhea-AI Filing Summary
CoreWeave Chief Development Officer Brannin McBee reported share conversions and sales in Class A and Class B Common Stock of CoreWeave, Inc. On February 17, 2026, McBee converted 102,830 directly held Class B shares and 25,000 Class B shares held by the Brannin J. McBee 2022 Irrevocable Trust into Class A shares.
On the same date, McBee and the trust reported open‑market sales totaling 127,830 Class A shares in multiple transactions at weighted average prices generally ranging from the high‑$80s to mid‑$90s per share. Certain sales were effected under a Rule 10b5‑1 trading plan adopted on September 2, 2025. Following these transactions, McBee continued to hold substantial direct and indirect positions in both Class A and Class B shares, including holdings by a spouse and child.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 102,830 | $0.00 | -- |
| Conversion | Class B Common Stock | 25,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 102,830 | $0.00 | -- |
| Sale | Class A Common Stock | 7,864 | $89.8368 | $706K |
| Sale | Class A Common Stock | 32,623 | $90.6495 | $2.96M |
| Sale | Class A Common Stock | 26,355 | $91.7134 | $2.42M |
| Sale | Class A Common Stock | 24,105 | $92.7083 | $2.23M |
| Sale | Class A Common Stock | 8,181 | $93.6859 | $766K |
| Sale | Class A Common Stock | 3,510 | $94.6022 | $332K |
| Sale | Class A Common Stock | 192 | $95.38 | $18K |
| Conversion | Class A Common Stock | 25,000 | $0.00 | -- |
| Sale | Class A Common Stock | 1,912 | $89.8366 | $172K |
| Sale | Class A Common Stock | 7,932 | $90.6495 | $719K |
| Sale | Class A Common Stock | 6,407 | $91.7135 | $588K |
| Sale | Class A Common Stock | 5,860 | $92.7083 | $543K |
| Sale | Class A Common Stock | 1,989 | $93.6858 | $186K |
| Sale | Class A Common Stock | 853 | $94.6018 | $81K |
| Sale | Class A Common Stock | 47 | $95.38 | $4K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 2, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.19 to $90.18, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this filing. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.19 to $91.18, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.19 to $92.18, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.19 to $93.18, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.19 to $94.16, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.19 to $95.07, inclusive. The reported securities are directly held by the Brannin J. McBee 2022 Irrevocable Trust, of which the reporting person's spouse and minor child are beneficiaries and for which the reporting person's spouse serves as trustee. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.19 to $90.18, inclusive. The reported securities are directly held of record by the reporting person's child. The reported securities are directly held by the reporting person's spouse.