CoreWeave CEO shifts 274K Class B shares as gift
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.
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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.
Insider Trade Summary
| 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 | -- | -- | -- |
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
Key Terms
bona fide gift financial
short-swing profit rule regulatory
Rule 16b-5 regulatory
GRAT financial
GST-Exempt Trust financial
FAQ
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What insider transaction did CRWV CEO Michael Intrator report on August 13, 2026?
What indirect CRWV holdings does Michael Intrator report through family trusts and entities?
AI-generated analysis. How Rhea-AI works. Not financial advice.