CoreWeave (NASDAQ: CRWV) CEO gifts 274K shares in estate plan shift
Rhea-AI Filing Summary
CoreWeave, Inc. CEO and President Michael N. Intrator reported an internal estate-planning transfer involving 136,947 shares of Class B Common Stock on August 13, 2026. The shares were given as a bona fide gift for no consideration from the PMI 2024 F&F GRAT to the PMI 2024 F&F GRAT Remainder Trust, both reported as indirect holdings. Each Class B share is convertible into one share of Class A Common Stock. After these transactions, Intrator continues to report substantial Class B positions, including 21,867,489 Class B shares held directly and additional indirect holdings through family trusts, Omnadora Capital LLC, and his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
273,894 shares gifted
Gift
7 txns
Insider
Intrator Michael N
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock F1, F2, F3 | 136,947 | $0.00 | $0.00 |
| Gift | Class B Common Stock F1, F2, F4 | 136,947 | $0.00 | $0.00 |
| holding | Class B Common Stock F1 | -- | -- | -- |
| holding | Class B Common Stock F1, F5 | -- | -- | -- |
| holding | Class B Common Stock F1, F6 | -- | -- | -- |
| holding | Class B Common Stock F1, F7 | -- | -- | -- |
| holding | Class B Common Stock F1, F8 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 0 shares (Indirect, PMI 2024 F&F GRAT);
Class B Common Stock — 136,947 shares (Indirect, PMI 2024 F&F GRAT Remainder Trust);
Class B Common Stock — 21,867,489 shares (Direct);
Class B Common Stock — 4,576,000 shares (Indirect, Intrator Family GST-Exempt Trust);
Class B Common Stock — 2,290,320 shares (Indirect, Intrator Family Trust);
Class B Common Stock — 22,803,124 shares (Indirect, Omnadora Capital LLC);
Class B Common Stock — 365,200 shares (Indirect, By Spouse)
Footnotes (8)
- 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 transaction represents a gift, for no consideration, of shares of the Issuer's Class B Common Stock, which is exempt from the short-swing profit rule of Section 16 of the Exchange Act, pursuant to Rule 16b-5.
- F3. The reported securities were directly held by the PMI 2024 F&F GRAT (the "PMI GRAT"). The reporting person is the sole beneficiary of the PMI GRAT and his spouse is trustee.
- F4. The reported securities are directly held by PMI 2024 F&F GRAT Remainder Trust, an irrevocable trust with a third-party trustee, of which certain of the reporting person's immediate family members are beneficiaries. The reporting person has the power to remove and replace the trustee. 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.
- F5. The reported securities are directly held by the Intrator Family GST-Exempt Trust, of which the reporting person's spouse and children are the beneficiaries and his spouse serves as co-trustee.
- F6. The reported securities are directly held by the Intrator Family Trust, of which the reporting person's spouse and children are the beneficiaries and his spouse serves as co-trustee.
- F7. The reported securities are directly held by Omnadora Capital LLC ("Omnadora"). The reporting person is the sole manager of Omnadora's manager, Omnadora Management LLC. In such capacity, the reporting person may be deemed to beneficially own securities directly held by Omnadora. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein.
- F8. The reported securities are directly held by the reporting person's spouse.
Key Figures
Gifted Class B shares (per trust transfer): 136947 shares
Total gifted shares reported: 273894 shares
Direct Class B holdings after transaction: 21867489 shares
+5 more
8 metrics
Gifted Class B shares (per trust transfer)
136947 shares
Bona fide gift from PMI 2024 F&F GRAT to PMI 2024 F&F GRAT Remainder Trust on 2026-08-13
Total gifted shares reported
273894 shares
Aggregate giftShares across reported bona fide gift transactions
Direct Class B holdings after transaction
21867489 shares
Class B Common Stock directly held by Michael Intrator after 2026-08-13
Intrator Family GST-Exempt Trust holdings
4576000 shares
Indirect Class B holdings via Intrator Family GST-Exempt Trust
Intrator Family Trust holdings
2290320 shares
Indirect Class B holdings via Intrator Family Trust
Omnadora Capital LLC holdings
22803124 shares
Indirect Class B holdings via Omnadora Capital LLC
Spouse-held Class B shares
365200 shares
Indirect Class B holdings reported as held by spouse
Conversion ratio
1 share
Each Class B Common Stock share convertible into one share of Class A Common Stock
Key Terms
bona fide gift, short-swing profit rule, Rule 16b-5, GRAT, +1 more
5 terms
bona fide gift financial
"The reported transaction represents a gift, for no consideration, of shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
short-swing profit rule regulatory
"exempt from the short-swing profit rule of Section 16 of the Exchange Act"
Rule 16b-5 regulatory
"exempt from the short-swing profit rule ... pursuant to Rule 16b-5"
GRAT financial
"The reported securities were directly held by the PMI 2024 F&F GRAT"
GST-Exempt Trust financial
"directly held by the Intrator Family GST-Exempt Trust"
FAQ
What insider transaction did CRWV CEO Michael Intrator report on August 13, 2026?
Michael Intrator reported a bona fide gift of 136,947 Class B shares on August 13, 2026. The shares moved from the PMI 2024 F&F GRAT to the PMI 2024 F&F GRAT Remainder Trust as an internal transfer, reported at $0.00 per share.
What indirect CRWV holdings does Michael Intrator report through family trusts and entities?
Indirect holdings include 4,576,000 Class B shares in the Intrator Family GST-Exempt Trust, 2,290,320 in the Intrator Family Trust, 22,803,124 via Omnadora Capital LLC, and 365,200 held by his spouse, all reported as Class B convertible into Class A.
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