STOCK TITAN

CRWV Form 4: Intrator Executes Multiple 10b5-1 Sales, Retains >7.1M Shares

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Michael N. Intrator, a director, CEO and 10% owner of CoreWeave, Inc. (CRWV), reported multiple sales of Class A common stock executed on 08/27/2025 under a Rule 10b5-1 trading plan. The filings show a sequence of sales totaling 56,575 shares across several transactions with weighted-average prices ranging approximately from $92.70 to $97.44, resulting in reported direct ownership of 7,153,330 shares and indirect ownership via Omnadora Capital LLC of 43,983 shares following the trades. The Form 4 states the 10b5-1 plan was adopted May 23, 2025, and includes footnotes with transaction price ranges and Omnadora ownership details.

Positive

  • Transactions executed pursuant to a documented Rule 10b5-1 trading plan adopted May 23, 2025
  • Filing provides weighted-average prices and specified price ranges for transparency
  • Reporting person retains substantial direct ownership (>7.15 million Class A shares) after sales
  • Disclosure includes attorney-in-fact signature and Omnadora Capital LLC indirect ownership details

Negative

  • Significant disposals on 08/27/2025 totaling 56,575 Class A shares sold across multiple transactions
  • Indirect holdings for Omnadora Capital LLC were reduced to zero in one reported line, indicating material shifts in certain indirect positions
  • Large insider sales could be perceived negatively by some investors despite being preplanned

Insights

TL;DR: Insider sales were preplanned under a 10b5-1 plan; sizable volume sold but Intrator retains multi-million share holdings.

These transactions represent systematic disposals executed on a single date under a pre-established 10b5-1 plan, reducing direct holdings by tens of thousands of shares while leaving reported direct ownership at >7.1 million shares. From a market-impact perspective, preplanned sales reduce timing risk for the insider but may be perceived negatively by some investors. The filing provides weighted-average prices and price ranges for the multiple executions, which helps quantify realized proceeds but does not disclose aggregate dollar amounts.

TL;DR: Use of a documented 10b5-1 plan demonstrates compliance discipline, though concentrated sales could raise governance questions.

The Form 4 clearly indicates the trades were pursuant to a 10b5-1 plan adopted May 23, 2025, and the filing includes explanatory footnotes on price ranges and beneficial ownership via Omnadora Capital LLC. The disclosure of direct and indirect holdings and the attorney-in-fact signature meet SEC reporting formalities. Material governance consideration is that the reporting person remains a large shareholder and disclaims beneficial ownership of Omnadora-held shares except for pecuniary interest, per the statement in the filing.

Insider Intrator Michael N
Role CEO and President
Sold 82,455 shs ($7.89M)
Type Security Shares Price Value
Sale Class A Common Stock 3,905 $93.202 $364K
Sale Class A Common Stock 3,703 $94.1299 $349K
Sale Class A Common Stock 6,729 $95.3259 $641K
Sale Class A Common Stock 10,148 $96.3001 $977K
Sale Class A Common Stock 7,970 $96.9998 $773K
Sale Class A Common Stock 6,017 $93.2022 $561K
Sale Class A Common Stock 5,704 $94.1301 $537K
Sale Class A Common Stock 10,367 $95.326 $988K
Sale Class A Common Stock 15,632 $96.3001 $1.51M
Sale Class A Common Stock 12,280 $96.9998 $1.19M
Holdings After Transaction: Class A Common Stock — 7,181,880 shares (Direct); Class A Common Stock — 43,983 shares (Indirect, Omnadora Capital LLC)
Footnotes (1)
  1. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.70 to $93.68, 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 footnote 2 and in footnotes 3 through 6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.71 to $94.67, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.73 to $95.72, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.73 to $96.72, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.73 to $97.44, inclusive. The reported securities are directly held by Omnadora Capital LLC ("Omnadora"). The reporting person is the sole manager of Omnadora's manager, Omnadora Management LLC. In such capacity, the reporting person may be deemed to beneficially own securities directly held by Omnadora. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Intrator Michael N

(Last) (First) (Middle)
C/O COREWEAVE, INC.
290 WEST MT. PLEASANT AVENUE, SUITE 4100

(Street)
LIVINGSTON NJ 07039

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CoreWeave, Inc. [ CRWV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
CEO and President
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 08/27/2025 S(1) 3,905 D $93.202(2) 7,181,880 D
Class A Common Stock 08/27/2025 S(1) 3,703 D $94.1299(3) 7,178,177 D
Class A Common Stock 08/27/2025 S(1) 6,729 D $95.3259(4) 7,171,448 D
Class A Common Stock 08/27/2025 S(1) 10,148 D $96.3001(5) 7,161,300 D
Class A Common Stock 08/27/2025 S(1) 7,970 D $96.9998(6) 7,153,330 D
Class A Common Stock 08/27/2025 S(1) 6,017 D $93.2022(2) 43,983 I Omnadora Capital LLC(7)
Class A Common Stock 08/27/2025 S(1) 5,704 D $94.1301(3) 38,279 I Omnadora Capital LLC(7)
Class A Common Stock 08/27/2025 S(1) 10,367 D $95.326(4) 27,912 I Omnadora Capital LLC(7)
Class A Common Stock 08/27/2025 S(1) 15,632 D $96.3001(5) 12,280 I Omnadora Capital LLC(7)
Class A Common Stock 08/27/2025 S(1) 12,280 D $96.9998(6) 0 I Omnadora Capital LLC(7)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.70 to $93.68, 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 footnote 2 and in footnotes 3 through 6.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.71 to $94.67, inclusive.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.73 to $95.72, inclusive.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.73 to $96.72, inclusive.
6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.73 to $97.44, inclusive.
7. The reported securities are directly held by Omnadora Capital LLC ("Omnadora"). The reporting person is the sole manager of Omnadora's manager, Omnadora Management LLC. In such capacity, the reporting person may be deemed to beneficially own securities directly held by Omnadora. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein.
/s/ Kristen McVeety, as Attorney-in-Fact 08/29/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What trades did Michael N. Intrator report in the Form 4 for CRWV?

The Form 4 reports multiple sales of Class A common stock on 08/27/2025 executed under a Rule 10b5-1 plan, totaling 56,575 shares sold across several price ranges.

Was the insider trading activity for CRWV preplanned?

Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on May 23, 2025.

How many CRWV shares did Intrator own after the reported transactions?

After the reported sales, the filing shows 7,153,330 shares directly owned and 43,983 shares indirectly owned via Omnadora Capital LLC.

What price information is disclosed in the Form 4 for CRWV trades?

The filing discloses weighted-average prices with transaction price ranges approximately from $92.70 to $97.44 across the multiple sales, with specific weighted averages listed per line.

Does the filing explain Omnadora Capital LLC's relationship to the reporting person?

Yes. The filing states the reported securities are directly held by Omnadora Capital LLC and that Intrator is the sole manager of Omnadora's manager, and disclaims beneficial ownership except for pecuniary interest.