CoreWeave officer sells 53,000 shares via trusts
CoreWeave, Inc. Chief Development Officer Brannin McBee reported indirect transactions in Class A and Class B Common Stock on July 13, 2026.
Rhea-AI Filing Summary
CoreWeave, Inc. Chief Development Officer Brannin McBee reported indirect transactions in Class A and Class B Common Stock on July 13, 2026. Family and grantor retained annuity trusts associated with McBee sold a total of 53,000 Class A shares in multiple open-market trades and converted 52,500 Class B shares into Class A. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted on March 5, 2026, and related trusts continue to hold Class A positions, including 6,408 shares in the Canis Minor 2025 GRAT, 20,502 shares in the Canis Major 2025 GRAT and 51,259 shares in the Canis Major SM Trust.
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Insights
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Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
27 txns
Insider
McBee Brannin
Role
Chief Development Officer
Sold
53,000 shs ($4.49M)
Approx. gross sale proceeds
$4.49M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1, F2 | 40,000 | -- | -- |
| Conversion | Class B Common Stock F1, F10 | 12,500 | -- | -- |
| Conversion | Class A Common Stock F1, F2 | 40,000 | -- | -- |
| Sale | Class A Common Stock F3, F4, F2 | 19,498 | $83.2654 | $1.62M |
| Sale | Class A Common Stock F3, F5, F2 | 3,662 | $84.181 | $308K |
| Sale | Class A Common Stock F3, F6, F2 | 5,125 | $85.3161 | $437K |
| Sale | Class A Common Stock F3, F7, F2 | 5,332 | $86.131 | $459K |
| Sale | Class A Common Stock F3, F8, F2 | 5,103 | $87.1183 | $445K |
| Sale | Class A Common Stock F3, F9, F2 | 1,280 | $88.2116 | $113K |
| Conversion | Class A Common Stock F1, F10 | 12,500 | -- | -- |
| Sale | Class A Common Stock F3, F4, F10 | 6,092 | $83.2654 | $507K |
| Sale | Class A Common Stock F3, F5, F10 | 1,146 | $84.1807 | $96K |
| Sale | Class A Common Stock F3, F6, F10 | 1,600 | $85.3158 | $137K |
| Sale | Class A Common Stock F3, F7, F10 | 1,667 | $86.1309 | $144K |
| Sale | Class A Common Stock F3, F8, F10 | 1,595 | $87.1183 | $139K |
| Sale | Class A Common Stock F3, F9, F10 | 400 | $88.2115 | $35K |
| Sale | Class A Common Stock F3, F11, F12 | 241 | $83.2656 | $20K |
| Sale | Class A Common Stock F3, F13, F12 | 43 | $84.1902 | $4K |
| Sale | Class A Common Stock F3, F14, F12 | 108 | $85.4764 | $9K |
| Sale | Class A Common Stock F3, F15, F12 | 48 | $86.3113 | $4K |
| Sale | Class A Common Stock F3, F16, F12 | 51 | $87.1496 | $4K |
| Sale | Class A Common Stock F3, F17, F12 | 9 | $88.2533 | $794.28 |
| holding | Class B Common Stock F1, F19 | -- | -- | -- |
| holding | Class B Common Stock F1, F2 | -- | -- | -- |
| holding | Class B Common Stock F1, F20 | -- | -- | -- |
| holding | Class B Common Stock F1, F10 | -- | -- | -- |
| holding | Class A Common Stock F18 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 3,677,227 contracts (Indirect, Canis Major 2025 GRAT);
Class B Common Stock — 486,205 contracts (Indirect, Canis Minor 2025 GRAT);
Class A Common Stock — 0 shares (Indirect, Canis Major 2025 GRAT);
Class A Common Stock — 0 shares (Indirect, Canis Minor 2025 GRAT);
Class A Common Stock — 51,000 shares (Indirect, Canis Major SM Trust);
Class B Common Stock — 108,600 contracts (Indirect, Canis Major 2025 Family Trust LLC);
Class B Common Stock — 1,582,773 contracts (Indirect, Canis Major 2026 GRAT);
Class B Common Stock — 122,000 contracts (Indirect, Canis Minor 2025 Family Trust LLC);
Class B Common Stock — 263,795 contracts (Indirect, Canis Minor 2026 GRAT);
Class A Common Stock — 1,800 shares (Indirect, See Footnote)
Footnotes (20)
- F1. 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.
- F2. The reported securities are directly held by a grantor retained annuity trust, of which the reporting person is the sole trustee and beneficiary.
- F3. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.77 to $83.76, inclusive.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.77 to $84.76, inclusive.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.77 to $85.76, inclusive.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.77 to $86.76, inclusive.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.78 to $87.73, inclusive.
- F9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.83 to $88.81, inclusive.
- F10. The reported securities are directly held by a grantor retained annuity trust, of which the reporting person's spouse is the sole beneficiary and trustee.
- F11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.80 to $83.77, inclusive.
- F12. The reported securities are directly held by the Canis Major SM Trust (the "Canis Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the Canis Trust's trustee.
- F13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.85 to $84.82, inclusive.
- F14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.90 to $85.89, inclusive.
- F15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.90 to $86.89, inclusive.
- F16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.90 to $87.49, inclusive.
- F17. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.01 to $88.73, inclusive.
- F18. The reported securities are directly held of record by the reporting person's child.
- F19. The reported securities are directly held by the Canis Major 2025 Family Trust LLC, of which the reporting person serves as manager.
- F20. The reported securities are directly held by the Canis Minor 2025 Family Trust LLC, of which the reporting person serves as manager.
Key Figures
Shares sold: 53,000 shares
Derivative conversions: 52,500 shares
Example weighted-average price range: $82.77 to $83.76 per share
+3 more
6 metrics
Shares sold
53,000 shares
Aggregate Class A Common Stock sold indirectly on July 13, 2026
Derivative conversions
52,500 shares
Class B Common Stock converted into Class A Common Stock on July 13, 2026
Example weighted-average price range
$82.77 to $83.76 per share
One sale footnote states this price range for multiple transactions
Canis Minor 2025 GRAT holding
6,408 shares
Class A Common Stock held after final reported sale on July 13, 2026
Canis Major 2025 GRAT holding
20,502 shares
Class A Common Stock held after final reported sale on July 13, 2026
Largest Class B derivative block
1,582,773 underlying shares
Class B Common Stock indirectly held, convertible into Class A
Key Terms
Rule 10b5-1 trading plan, grantor retained annuity trust, Class B Common Stock, weighted average price
4 terms
Rule 10b5-1 trading plan regulatory
"sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
grantor retained annuity trust financial
"reported securities are directly held by a grantor retained annuity trust"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible into one share of Class A"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CoreWeave (CRWV) report for Brannin McBee?
CoreWeave reported that Chief Development Officer Brannin McBee, through family and grantor retained annuity trusts, sold 53,000 Class A shares and converted 52,500 Class B shares into Class A on July 13, 2026, with all sales executed in multiple open-market transactions.
What derivative or convertible CoreWeave (CRWV) positions remain after these transactions?
Indirect positions include Class B Common Stock convertible into Class A, with blocks representing 1,582,773 and 263,795 underlying Class A shares, among others. Each Class B share is convertible one-for-one into Class A under conditions described in CoreWeave’s charter.
What CoreWeave (CRWV) holdings remain in key trusts after the reported sales?
After the reported trades, the filing shows 6,408 Class A shares in the Canis Minor 2025 GRAT, 20,502 shares in the Canis Major 2025 GRAT, and 51,259 shares in the Canis Major SM Trust, reflecting continuing indirect ownership interests linked to the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.
