CoreWeave (CRWV) CDO sells 481,245 shares in planned 10b5-1 trades
Rhea-AI Filing Summary
CoreWeave, Inc.’s Chief Development Officer Brannin McBee reported a series of insider transactions on Class A and Class B Common Stock. On March 9, 2026, entities associated with McBee converted an aggregate of 481,245 shares of Class B into 481,245 shares of Class A at a conversion price of $0.00 per share. The filing then shows open-market sales of 481,245 Class A shares at weighted average prices ranging roughly from $71.02 to $74.48, executed directly and through a spouse, an irrevocable trust, and the Canis Major 2025 GRAT, pursuant to a Rule 10b5-1 trading plan adopted on November 17, 2025. Following these transactions, McBee holds 248,664 Class A shares directly, along with substantial remaining Class B holdings directly and indirectly.
Positive
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Insights
McBee executes a planned convert-and-sell of 481,245 CoreWeave shares under a Rule 10b5-1 plan.
Chief Development Officer Brannin McBee oversaw conversions of 481,245 shares of Class B into Class A at $0.00 per share on March 9, 2026. These conversions occurred directly and through a spouse, a 2022 irrevocable trust, and the Canis Major 2025 GRAT, reflecting movements from high-vote Class B into freely tradable Class A.
The filing then records open-market sales of 481,245 Class A shares at weighted average prices between about $71.02 and $74.48, designated as sales under a Rule 10b5-1 trading plan adopted on November 17, 2025. Such plans indicate these trades were pre-scheduled, which generally reduces the informational value of the timing.
After the transactions, McBee holds 248,664 Class A shares directly while still retaining multi-million-share positions in Class B directly and via related entities. This pattern resembles a routine liquidity event and portfolio rebalancing rather than a full exit, with overall impact depending on company-wide share counts not shown in this data.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 300,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 49,995 | $0.00 | -- |
| Conversion | Class B Common Stock | 81,255 | $0.00 | -- |
| Conversion | Class B Common Stock | 49,995 | $0.00 | -- |
| Conversion | Class A Common Stock | 300,000 | $0.00 | -- |
| Sale | Class A Common Stock | 89,646 | $71.7232 | $6.43M |
| Sale | Class A Common Stock | 141,108 | $72.4075 | $10.22M |
| Sale | Class A Common Stock | 18,163 | $73.7281 | $1.34M |
| Sale | Class A Common Stock | 51,083 | $74.3245 | $3.80M |
| Conversion | Class A Common Stock | 49,995 | $0.00 | -- |
| Sale | Class A Common Stock | 15,294 | $71.7283 | $1.10M |
| Sale | Class A Common Stock | 23,303 | $72.4113 | $1.69M |
| Sale | Class A Common Stock | 2,909 | $73.7639 | $215K |
| Sale | Class A Common Stock | 8,489 | $74.3217 | $631K |
| Conversion | Class A Common Stock | 81,255 | $0.00 | -- |
| Sale | Class A Common Stock | 24,857 | $71.7283 | $1.78M |
| Sale | Class A Common Stock | 37,874 | $72.4113 | $2.74M |
| Sale | Class A Common Stock | 4,728 | $73.764 | $349K |
| Sale | Class A Common Stock | 13,796 | $74.3217 | $1.03M |
| Conversion | Class A Common Stock | 49,995 | $0.00 | -- |
| Sale | Class A Common Stock | 15,295 | $71.7283 | $1.10M |
| Sale | Class A Common Stock | 23,302 | $72.4113 | $1.69M |
| Sale | Class A Common Stock | 2,910 | $73.764 | $215K |
| Sale | Class A Common Stock | 8,488 | $74.3217 | $631K |
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 transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.02 to $72.015, 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 $72.02 to $73.01, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.03 to $74.02, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.03 to $74.48, inclusive. The reported securities are directly held by the reporting person's spouse. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.03 to $72.02, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.03 to $73.00, inclusive. The reported securities are directly held by the Brannin J. McBee 2022 Irrevocable Trust, of which the reporting person's spouse and minor child are beneficiaries and for which the reporting person's spouse serves as trustee. The reported securities are directly held by the Canis Major 2025 GRAT, of which the reporting person is the sole trustee and beneficiary.