CoreWeave's Jeff Baker sells shares to cover taxes
After an initial one-quarter vesting on July 29, 2025, the award vests in 1/16 installments on the 29th calendar day of specified months, subject to continued service.
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Rhea-AI Filing Summary
CoreWeave, Inc. Principal Accounting Officer Jeff Baker settled 12,500 restricted stock units for 12,500 Class A common shares on October 29, 2026; his reported remaining RSU position was 87,500. On that date, 258 shares were sold at $61.6933 per share and 6,412 shares at $61.1400 per share to satisfy tax withholding obligations tied to vesting and settlement. The award vests in installments subject to continued service, and no Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3, F4 | 12,500 | -- | -- |
| Exercise | Class A Common Stock F1 | 12,500 | -- | -- |
| Sale | Class A Common Stock F2 | 258 | $61.6933 | $16K |
| Sale | Class A Common Stock F2 | 6,412 | $61.14 | $392K |
Footnotes (4)
- 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 vested as to 1/4 of the total award on July 29, 2025, and vests as to 1/16 of the total award thereafter on the 29th calendar day of October, January, April, and July, 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.
Key Figures
Key Terms
restricted stock unit technical
vesting financial
tax withholding obligations financial
contingent right technical
FAQ
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