CoreWeave (CRWV) director adds Class A shares through RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave director Glenn H. Hutchins reported the vesting and exercise of restricted stock units into Class A common stock on February 10, 2026. He acquired 1,460 Class A shares from one RSU award and 540 shares from another, both at an exercise price of $0.00 per share.
Following these transactions, Hutchins directly owns 7,860 Class A shares and holds 11,560 restricted stock units directly. In addition, 10,640 Class A shares are held by North Island Inferno Fund II LLC and 384,840 shares by Tide Mill LLC, entities over which he may be deemed to share voting and investment discretion but for which he disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,000 shares exercised/converted
Mixed
6 txns
Insider
HUTCHINS GLENN H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,460 | $0.00 | -- |
| Exercise | Restricted Stock Units | 540 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,460 | $0.00 | -- |
| Exercise | Class A Common Stock | 540 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 11,560 shares (Direct);
Class A Common Stock — 7,320 shares (Direct);
Class A Common Stock — 10,640 shares (Indirect, North Island Inferno Fund II LLC)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The reported securities are directly held by North Island Inferno Fund II LLC ("North Island Inferno"). The reporting person serves as investment manager for North Island Inferno and as such may be deemed to exercise shared voting and investment discretion over securities held by it. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Exchange Act"), except to the extent of his pecuniary interest therein, if any. The reported securities are directly held by Tide Mill LLC ("Tide Mill"). The managing member of Tide Mill is North Island Management, LLC ("NIM"). The reporting person serves as chairman of NIM and may be deemed to directly or indirectly exercise voting and investment discretion over the investments of NIM and Tide Mill. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act except to the extent of his pecuniary interest therein, if any. The award vested or vests as to 1/12 of the total award on the tenth 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 10, 2025. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. The award vested as to 1/4 of the total award on the tenth 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 10, 2025.
FAQ
What did CoreWeave (CRWV) director Glenn H. Hutchins report in this Form 4?
Glenn H. Hutchins reported RSU vesting that converted into Class A common stock. Two restricted stock unit awards exercised into 1,460 and 540 shares, respectively, at a price of $0.00 per share, increasing his directly held CoreWeave Class A share balance.
Do the CoreWeave (CRWV) restricted stock units held by Glenn H. Hutchins expire?
The restricted stock units do not have a traditional expiration date. According to the disclosure, they either vest or are cancelled before the vesting date, with vesting tied to continued service and scheduled dates in May, August, November, and February.
How do Glenn H. Hutchins’ CoreWeave (CRWV) RSUs vest over time?
One RSU award vests in 12 equal installments on the tenth day of May, August, November, and February, starting May 10, 2025. Another award vested in four equal installments on the same schedule, also beginning May 10, 2025, subject to continued service.