Form 4: Magnetar entities report large CRWV dispositions totaling 185,627 shares
Rhea-AI Filing Summary
CoreWeave, Inc. (CRWV) Form 4 disclosure describes multiple insider sales by affiliated reporting persons tied to Magnetar entities and an individual manager. On 09/25/2025 the filing reports a series of dispositions totaling 185,627 shares of Class A common stock sold across multiple transactions at weighted-average prices in the range of roughly $135.94 to $138.00 per share. The reporting chain shows Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman as related reporting persons, with the sold shares held by various Magnetar funds. After the transactions the filing shows an indicated indirect beneficial ownership position of 9,202,863 shares for certain affiliated accounts. The filing includes detailed footnotes explaining the fund relationships and weighted-average price ranges.
Positive
- Transparent disclosure of multiple sales with weighted-average prices and price ranges included
- Clear ownership mapping showing the relationship among Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman
- Signed attestations are provided by an attorney-in-fact, indicating procedural compliance
Negative
- Large aggregated dispositions of 185,627 Class A shares on a single date, which materially reduce holdings in the sold tranches
- Concentrated insider selling by affiliated funds could be viewed negatively by some investors monitoring insider activity
Insights
TL;DR: Multiple affiliated insiders sold 185,627 Class A shares on 09/25/2025 at weighted-average prices near $136–$138.
The filing reports concentrated dispositions executed across affiliated Magnetar funds with clear footnotes on ownership structure and disclaimers of beneficial ownership except for pecuniary interest. The sales are reported with weighted-average prices and ranges, improving transparency. The post-transaction indirect ownership lines reported (including an entry of 9,202,863 shares) provide investors with a snapshot of continued affiliated holdings despite the sales. This is a routine Section 16 disclosure documenting sales rather than an issuance or derivative activity.
TL;DR: Related-party disclosures are complete and include managerial signing authority; the transactions appear properly documented.
The Form 4 clearly maps the chain from funds to parent entities and the manager, and includes attestations signed by an attorney-in-fact, which supports procedural compliance. Footnotes explicitly identify which fund directly held each block of shares and contain price-range detail, aiding any follow-up requests. The filing shows significant sales by affiliated funds but retains substantial indirect holdings, consistent with reallocation or portfolio management by the reporting group rather than an outright exit.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 70,370 | $136.03 | $9.57M |
| Sale | Class A Common Stock | 16,374 | $137.17 | $2.25M |
| Sale | Class A Common Stock | 7,278 | $138.00 | $1.00M |
| Sale | Class A Common Stock | 56,686 | $136.03 | $7.71M |
| Sale | Class A Common Stock | 13,190 | $137.17 | $1.81M |
| Sale | Class A Common Stock | 5,862 | $138.00 | $809K |
| Sale | Class A Common Stock | 11,876 | $136.03 | $1.62M |
| Sale | Class A Common Stock | 2,763 | $137.17 | $379K |
| Sale | Class A Common Stock | 1,228 | $138.00 | $169K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $135.94 to $136.50, inclusive. The reporting person undertakes to provide to CoreWeave, Inc. (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 footnote 2. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $137.00 to $137.50, inclusive. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of Magnetar Longhorn Fund LP, Magnetar Xing He Master Fund Ltd, Purpose Alternative Credit Fund - F LLC and Purpose Alternative Credit Fund - T LLC (collectively, the "Magnetar Funds"). Magnetar Capital Partners LP ("Magnetar Capital Partners") is the sole member and parent holding company of Magnetar Financial. Supernova Management LLC ("Supernova Management") is the general partner of Magnetar Capital Partners. The manager of Supernova Management is David J. Snyderman, a citizen of the United States of America. Each of the Magnetar Funds, Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman disclaims beneficial ownership of these shares of Common Stock of the Issuer, except to the extent of its or his pecuniary interest therein. These securities are held directly by Magnetar Xing He Master Fund Ltd. These securities are held directly by Purpose Alternative Credit Fund - F LLC. These securities are held directly by Purpose Alternative Credit Fund - T LLC. These securities are held directly by Magnetar Longhorn Fund LP.
