CRWV insider 281,250-share conversion and planned sales disclosed
Rhea-AI Filing Summary
CoreWeave (CRWV) insider, a Director and Chief Strategy Officer, reported a conversion and sale on 10/29/2025. The filer converted 281,250 shares of Class B Common Stock into Class A Common Stock, then executed open‑market sales of 281,250 Class A shares in multiple tranches pursuant to a Rule 10b5‑1 trading plan adopted on May 21, 2025.
Reported weighted‑average sale prices included $135.1188, $136.0268, $136.9322, $137.8331, $139.1272, and $139.7397, each with disclosed intraday ranges. Following these transactions, Class A shares indirectly held via West Clay Capital LLC were 0. The filer also reported indirect beneficial ownership of 5,276,271 Class B derivative securities through West Clay Capital LLC, each convertible into one Class A share.
Positive
- None.
Negative
- None.
Insights
Administrative insider trade: planned sales after share conversion.
The filing details a same‑day conversion of 281,250 Class B shares into Class A and subsequent sales under a Rule 10b5‑1 plan adopted on May 21, 2025. Prices were reported as weighted averages with specified intraday ranges, indicating orderly execution across multiple tranches.
Post‑transaction, indirect Class A holdings via West Clay Capital LLC were 0, while 5,276,271 Class B derivative securities remained indirectly held and are convertible 1‑for‑1 into Class A. Actual market impact depends on trading volumes and holder decisions; the disclosure is primarily compliance‑oriented.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 281,250 | $0.00 | -- |
| Conversion | Class A Common Stock | 281,250 | $0.00 | -- |
| Sale | Class A Common Stock | 10,014 | $135.1188 | $1.35M |
| Sale | Class A Common Stock | 32,266 | $136.0268 | $4.39M |
| Sale | Class A Common Stock | 92,538 | $136.9322 | $12.67M |
| Sale | Class A Common Stock | 55,933 | $137.8331 | $7.71M |
| Sale | Class A Common Stock | 22,684 | $139.1272 | $3.16M |
| Sale | Class A Common Stock | 67,815 | $139.7397 | $9.48M |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
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 securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 21, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.46 to $135.45, 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 and in footnotes 5 through 9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.46 to $136.4550, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.46 to $137.45, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $137.46 to $138.45, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.46 to $139.45, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.46 to $140.26, inclusive. The reported securities are directly held by the YOLO APV Trust (the "APV 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 APV Trust's trustee. The reported securities are directly held by the YOLO ECV Trust (the "ECV 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 ECV Trust's trustee. The reported securities are directly held by the reporting person's father-in-law, who is a member of the reporting person's household. The reporting person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest, if any. The reported securities are directly held by the reporting person's spouse. The reported securities are directly held by the Venturo Family 2024 Friends and Family GRAT, of which the reporting person is the sole trustee and beneficiary. The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and his spouse and minor children are beneficiaries. The reported securities are directly held by the 2023 Venturo Family GRAT dated June 30, 2023, of which the reporting person is the sole trustee and beneficiary.
