CoreWeave officer sells 1,256 shares for taxes
CoreWeave, Inc. (CRWV) reported that Principal Accounting Officer Jeff Baker exercised restricted stock units (RSUs) into Class A Common Stock and sold a portion of the resulting shares.
Rhea-AI Filing Summary
CoreWeave, Inc. (CRWV) reported that Principal Accounting Officer Jeff Baker exercised restricted stock units (RSUs) into Class A Common Stock and sold a portion of the resulting shares. On August 20, 2026, RSUs covering 1,086 and 1,340 underlying shares converted into Class A stock. On the same date, 1,256 shares of Class A Common Stock were sold to satisfy tax withholding obligations arising from the RSU vesting, at a price of $91.88 per share. The remaining shares from these RSU settlements were retained as direct holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
Baker Jeff
Role
Principal Accounting Officer
Sold
1,256 shs ($115K)
Approx. gross sale proceeds
$115K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3, F4 | 1,086 | -- | -- |
| Exercise | Restricted Stock Units F1, F5, F4 | 1,340 | -- | -- |
| Exercise | Class A Common Stock F1 | 1,086 | -- | -- |
| Exercise | Class A Common Stock F1 | 1,340 | -- | -- |
| Sale | Class A Common Stock F2 | 1,256 | $91.88 | $115K |
Holdings After Transaction:
Restricted Stock Units — 29,617 contracts (Direct);
Class A Common Stock — 8,337 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- F2. The reported transaction represents shares of Class A Common Stock of the Issuer sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting and settlement of restricted stock units.
- F3. The award shall vest as to 1/4 of the total award on February 20, 2026, and thereafter shall vest as to 1/16 of the total award on the 20th calendar day of May, August, November, and February, subject to the reporting person's continued service to the Issuer on each vesting date.
- F4. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- F5. The award shall vest as to 1/16th of the total award on the 20th calendar day of May, August, November, and February, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on May 20, 2026.
Key Figures
RSUs converted to Class A Common Stock: 1,086 shares
Additional RSUs converted to Class A Common Stock: 1,340 shares
Total RSU underlying shares exercised: 2,426 shares
+2 more
5 metrics
RSUs converted to Class A Common Stock
1,086 shares
Restricted Stock Units converting into Class A Common Stock on August 20, 2026
Additional RSUs converted to Class A Common Stock
1,340 shares
Second RSU tranche converting into Class A Common Stock on August 20, 2026
Total RSU underlying shares exercised
2,426 shares
Sum of RSU exercises (transactionSummary.exerciseShares)
Shares sold
1,256 shares
Class A Common Stock sold on August 20, 2026 to satisfy tax withholding obligations
Sale price per share
$91.88 per share
Price for the 1,256 Class A shares sold on August 20, 2026
Key Terms
Restricted Stock Units, Class A Common Stock, tax withholding obligations, continued service, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"shares of the Issuer's Class A Common Stock upon settlement"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
tax withholding obligations financial
"shares ... sold to satisfy the reporting person's tax withholding obligations"
continued service financial
"subject to the reporting person's continued service to the Issuer"
vesting financial
"incurred in connection with the vesting and settlement of restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did CoreWeave (CRWV) disclose for Jeff Baker on August 20, 2026?
CoreWeave disclosed that Jeff Baker exercised RSUs for 1,086 and 1,340 shares of Class A Common Stock and sold 1,256 of those shares at $91.88 per share to cover tax withholding obligations linked to the RSU vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
