CoreWeave (CRWV) director sells 76,924 shares after Class B conversions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. director and Chief Strategy Officer Brian M. Venturo reported derivative conversions and open-market sales on Class A and Class B Common Stock through affiliated entities. West Clay Capital LLC and the Venturo Family GST Exempt Trust converted a total of 76,924 shares of Class B into Class A Common Stock, then those 76,924 Class A shares were sold in multiple open-market transactions at weighted average prices ranging from approximately $114.76 to $120.51 per share, with at least one sale executed pursuant to a Rule 10b5-1 trading plan adopted on November 13, 2025. Following these transactions, Venturo continues to have substantial exposure through multi-million-share Class B Common Stock positions that are convertible into Class A Common Stock, held both directly and through various family trusts and related entities.
Positive
- None.
Negative
- None.
Insights
Pre-planned, net-sell Form 4 with large remaining equity exposure.
The filing shows Brian M. Venturo converting 76,924 Class B shares into Class A and then selling those Class A shares in open-market transactions via West Clay Capital LLC and a family GST trust. Transaction code C indicates derivative conversions, while code S indicates open-market sales.
Prices ranged from about $114.76 to $120.51 per share, and a footnote states at least one sale was effected under a Rule 10b5-1 trading plan adopted on November 13, 2025, suggesting the timing was pre-planned. This reduces the informational value of trade timing as a signal about management’s current view.
Despite the net sale of 76,924 Class A shares, the derivative summary shows Venturo retains sizeable Class B holdings convertible into Class A, including 5,343,347 underlying Class A shares directly and additional multi-million-share interests through GRATs and a spouse. Subsequent filings may provide further detail on any future conversions or sales.
Insider Trade Summary 10b5-1
Net Seller: 76,924 shares ($9,074,329)
Net Sell
26 txns
Insider
Venturo Brian M
Role
Chief Strategy Officer
Sold
76,924 shs ($9.07M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 61,539 | $0.00 | -- |
| Conversion | Class B Common Stock | 15,385 | $0.00 | -- |
| Conversion | Class A Common Stock | 61,539 | $0.00 | -- |
| Sale | Class A Common Stock | 3,200 | $114.7615 | $367K |
| Sale | Class A Common Stock | 2,711 | $115.7536 | $314K |
| Sale | Class A Common Stock | 10,160 | $116.6794 | $1.19M |
| Sale | Class A Common Stock | 9,841 | $117.8033 | $1.16M |
| Sale | Class A Common Stock | 28,943 | $118.6791 | $3.43M |
| Sale | Class A Common Stock | 6,284 | $119.43 | $750K |
| Sale | Class A Common Stock | 400 | $120.506 | $48K |
| Conversion | Class A Common Stock | 15,385 | $0.00 | -- |
| Sale | Class A Common Stock | 800 | $114.7615 | $92K |
| Sale | Class A Common Stock | 678 | $115.7536 | $78K |
| Sale | Class A Common Stock | 2,540 | $116.6794 | $296K |
| Sale | Class A Common Stock | 2,460 | $117.8033 | $290K |
| Sale | Class A Common Stock | 7,236 | $118.6791 | $859K |
| Sale | Class A Common Stock | 1,571 | $119.43 | $188K |
| Sale | Class A Common Stock | 100 | $120.506 | $12K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 7,767,464 shares (Indirect, West Clay Capital LLC);
Class A Common Stock — 61,539 shares (Indirect, West Clay Capital LLC);
Class B Common Stock — 5,343,347 shares (Direct);
Class A Common Stock — 223,580 shares (Direct)
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 securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.15 to $115.12, 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 $115.17 to $116.16, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.18 to $117.17, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.18 to $118.17, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.18 to $119.17, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.18 to $120.15, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.18 to $120.84, inclusive. The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and his spouse and minor children are beneficiaries. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.15 to $115.12, inclusive. The reported securities are directly held by the reporting person's father-in-law, who is a member of the reporting person's household. The reporting person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest, if any. The reported securities are directly held by the YOLO APV Trust (the "APV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the APV Trust's trustee. The reported securities are directly held by the YOLO ECV Trust (the "ECV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the ECV Trust's trustee. The reported securities are directly held by the 2023 Venturo Family GRAT dated June 30, 2023, of which the reporting person is the sole trustee and beneficiary. The reported securities are directly held by Venturo Family 2024 Friends and Family GRAT, of which the reporting person is the sole trustee and beneficiary. The reported securities are directly held by the reporting person's spouse.
Key Figures
Net shares sold: 76,924 shares
Conversion from Class B to Class A: 61,539 shares
Conversion from GST Trust: 15,385 shares
+5 more
8 metrics
Net shares sold
76,924 shares
Net Class A Common Stock sold on April 15, 2026
Conversion from Class B to Class A
61,539 shares
Class B converted to Class A via West Clay Capital LLC
Conversion from GST Trust
15,385 shares
Class B converted to Class A by Venturo Family GST Exempt Trust
Sale price range (Class A)
$114.76–$120.51/share
Weighted average prices across multiple sale tranches
Direct Class B underlying shares
5,343,347 shares
Class B convertible into Class A, held directly
Indirect GRAT Class B underlying
5,402,057 shares
Class B convertible into Class A via 2023 Venturo Family GRAT
Friends and Family GRAT underlying
1,788,596 shares
Class B convertible into Class A via 2024 Friends and Family GRAT
Spouse Class B underlying
2,001,900 shares
Class B convertible into Class A held by spouse
Key Terms
Class B Common Stock, Rule 10b5-1 trading plan, weighted average price, GRAT, +2 more
6 terms
Class B Common Stock financial
"Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Rule 10b5-1 trading plan regulatory
"sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
GRAT financial
"2023 Venturo Family GRAT dated June 30, 2023, of which the reporting person is the sole trustee and beneficiary"
GST Exempt Trust financial
"Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee"
pecuniary interest financial
"The reporting person disclaims beneficial ownership of such securities ... except to the extent of his pecuniary interest, if any"
FAQ
What insider transactions did Brian Venturo report for CoreWeave (CRWV)?
Brian M. Venturo reported converting 76,924 shares of Class B Common Stock into Class A and then selling 76,924 Class A shares in multiple open-market transactions through West Clay Capital LLC and a family GST trust, all dated April 15, 2026.
Does Brian Venturo still have significant CoreWeave (CRWV) exposure after these sales?
Yes. The derivative summary lists large Class B Common Stock positions convertible into Class A, including 5,343,347 underlying Class A shares directly and additional multi-million-share interests through various GRATs and a spouse, indicating substantial continuing economic exposure.