CoreWeave (CRWV) CSO-affiliated LLC converts and sells 281,250 shares
Rhea-AI Filing Summary
CoreWeave, Inc. director and Chief Strategy Officer Brian M. Venturo reported a conversion and related stock sales through an affiliated entity. West Clay Capital LLC, of which he is managing member, converted 281,250 shares of Class B Common Stock into 281,250 shares of Class A Common Stock and then sold all of those Class A shares in open-market transactions.
The sales occurred on March 18, 2026 at weighted average prices ranging from about $80.67 to $84.78 per share, executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 21, 2025. Following these transactions, West Clay Capital LLC reported no remaining Class A Common Stock, while Venturo continues to have substantial exposure through Class B shares that are convertible into Class A, held directly and via multiple family trusts and his spouse.
Positive
- None.
Negative
- None.
Insights
CSO-linked LLC converts and sells 281,250 CoreWeave shares under a 10b5-1 plan.
The filing shows West Clay Capital LLC, an entity managed by Brian M. Venturo, converting 281,250 Class B shares into 281,250 Class A shares of CoreWeave, Inc. and selling the full amount in open-market trades.
Sale prices ranged from about $80.67 to $84.78 per share across several tranches, executed pursuant to a pre-arranged Rule 10b5‑1 trading plan adopted on May 21, 2025. This pattern is consistent with planned liquidity rather than opportunistic timing.
After these sales, the LLC reports no Class A holdings, but Venturo retains sizable exposure via Class B stock convertible into Class A, including blocks of 5,343,347 and 5,402,057 underlying shares shown in the derivative holdings. The activity appears routine given the remaining multi-million-share position.
Insider Trade Summary 10b5-1
| 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 | 6,200 | $80.6732 | $500K |
| Sale | Class A Common Stock | 8,400 | $81.7321 | $687K |
| Sale | Class A Common Stock | 62,263 | $82.8436 | $5.16M |
| Sale | Class A Common Stock | 155,544 | $83.8332 | $13.04M |
| Sale | Class A Common Stock | 48,843 | $84.7789 | $4.14M |
| 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 $80.27 to $81.25, 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 $81.29 to $82.285, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.31 to $83.30, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.31 to $84.30, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.31 to $85.24, inclusive. 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 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 2023 Venturo Family GRAT dated June 30, 2023, of which the reporting person is the sole trustee and beneficiary. The reported securities are directly held by 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 reporting person's spouse.
