CoreWeave (CRWV) CEO Intrator settles RSUs and sells shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. CEO and President Michael N. Intrator reported RSU vesting and related share movements. On March 31, 2026, he exercised restricted stock units into a total of 140,338 shares of Class A Common Stock at an exercise price of $0.00 per share.
To satisfy tax withholding obligations from this vesting, 77,939 shares of Class A Common Stock were sold at $74.05 per share, according to the footnotes. After these transactions, Intrator directly held 5,728,900 shares of Class A Common Stock, indicating he retained the large majority of his position while covering taxes on equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 77,939 shares ($5,771,383)
Net Sell
5 txns
Insider
Intrator Michael N
Role
CEO and President
Sold
77,939 shs ($5.77M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 109,360 | $0.00 | -- |
| Exercise | Restricted Stock Units | 30,978 | $0.00 | -- |
| Exercise | Class A Common Stock | 109,360 | $0.00 | -- |
| Exercise | Class A Common Stock | 30,978 | $0.00 | -- |
| Sale | Class A Common Stock | 77,939 | $74.05 | $5.77M |
Holdings After Transaction:
Restricted Stock Units — 1,203,140 shares (Direct);
Class A Common Stock — 5,775,861 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The reported transaction represents shares of Class A Common Stock of the Issuer sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting and settlement of restricted stock units. The award vested or vests as to 1/16 of the total award on the last day of March, June, September, and December, subject to the reporting person's continued service to the Issuer on each vesting date. The first tranche time-vested on March 31, 2025, and such vested shares were subsequently settled on May 31, 2025, pursuant to a deferral approved by the compensation committee of the Issuer's board of directors. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. The award vested or vests as to 1/16 of the total award quarterly on the last day of June, September, December, and March, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vesting on June 30, 2025.
Key Figures
RSU shares exercised: 140,338 shares
First RSU batch exercised: 109,360 shares
Second RSU batch exercised: 30,978 shares
+3 more
6 metrics
RSU shares exercised
140,338 shares
Total Class A Common Stock received from RSU settlement on March 31, 2026
First RSU batch exercised
109,360 shares
RSUs converted into Class A Common Stock on March 31, 2026
Second RSU batch exercised
30,978 shares
RSUs converted into Class A Common Stock on March 31, 2026
Shares sold for taxes
77,939 shares
Class A Common Stock sold at $74.05 per share to satisfy tax withholding
Sale price
$74.05 per share
Price for 77,939 shares of Class A Common Stock sold
Shares held after transactions
5,728,900 shares
Direct Class A Common Stock holdings after March 31, 2026 transactions
Key Terms
Restricted Stock Units, tax withholding obligations, vesting and settlement, Class A Common Stock, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares of Class A Common Stock of the Issuer sold to satisfy the reporting person's tax withholding obligations"
vesting and settlement financial
"tax withholding obligations, which were incurred in connection with the vesting and settlement of restricted stock units."
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
continued service financial
"subject to the reporting person's continued service to the Issuer on each vesting date."
FAQ
What insider transactions did CoreWeave (CRWV) CEO Michael Intrator report?
Michael Intrator reported RSU vesting that converted into 140,338 shares of Class A Common Stock. He then sold 77,939 shares at $74.05 per share to cover tax withholding obligations tied to this equity compensation event.
What happened to Michael Intrator’s restricted stock units at CoreWeave (CRWV)?
Restricted stock units vested and were settled into 140,338 shares of Class A Common Stock. The RSUs vest in 1/16 quarterly tranches, contingent on continued service, with specific vesting dates outlined in the award footnotes.
How are Michael Intrator’s CoreWeave (CRWV) RSUs structured to vest over time?
The RSU awards vest as to 1/16 of the total award on specified quarter-end dates, including March, June, September, and December, subject to his continued service. Some tranches were also subject to settlement deferral approved by the compensation committee.