CoreWeave (CRWV) CDO McBee converts and sells 194,000 shares under 10b5‑1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. Chief Development Officer Brannin McBee reported a mix of conversions and sales of the company’s Class A and Class B Common Stock. On June 29, 2026, entities associated with McBee converted a total of 194,000 shares of Class B Common Stock into an equal number of Class A shares, then sold 194,000 Class A shares in a series of open‑market transactions. The sales, made indirectly through a family trust and McBee’s spouse as well as directly, occurred at weighted average prices ranging from about $89.71 to $98.31 per share under a pre‑arranged Rule 10b5‑1 trading plan. Following these transactions, McBee directly holds 402,852 shares of Class A Common Stock, with additional Class A and Class B shares held indirectly through the trust and spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 194,000 shares ($18,298,925)
Net Sell
33 txns
Insider
McBee Brannin
Role
Chief Development Officer
Sold
194,000 shs ($18.30M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 144,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 25,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 25,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 144,000 | $0.00 | -- |
| Sale | Class A Common Stock | 6,625 | $90.2442 | $598K |
| Sale | Class A Common Stock | 8,714 | $91.4048 | $797K |
| Sale | Class A Common Stock | 18,503 | $92.059 | $1.70M |
| Sale | Class A Common Stock | 8,832 | $93.1725 | $823K |
| Sale | Class A Common Stock | 17,351 | $94.2779 | $1.64M |
| Sale | Class A Common Stock | 68,350 | $95.3757 | $6.52M |
| Sale | Class A Common Stock | 11,017 | $96.0749 | $1.06M |
| Sale | Class A Common Stock | 3,168 | $97.0031 | $307K |
| Sale | Class A Common Stock | 1,440 | $98.31 | $142K |
| Conversion | Class A Common Stock | 25,000 | $0.00 | -- |
| Sale | Class A Common Stock | 1,150 | $90.2437 | $104K |
| Sale | Class A Common Stock | 1,514 | $91.4048 | $138K |
| Sale | Class A Common Stock | 3,212 | $92.0591 | $296K |
| Sale | Class A Common Stock | 1,534 | $93.1726 | $143K |
| Sale | Class A Common Stock | 3,011 | $94.2778 | $284K |
| Sale | Class A Common Stock | 11,866 | $95.3757 | $1.13M |
| Sale | Class A Common Stock | 1,913 | $96.0749 | $184K |
| Sale | Class A Common Stock | 550 | $97.0029 | $53K |
| Sale | Class A Common Stock | 250 | $98.31 | $25K |
| Conversion | Class A Common Stock | 25,000 | $0.00 | -- |
| Sale | Class A Common Stock | 1,151 | $90.2439 | $104K |
| Sale | Class A Common Stock | 1,513 | $91.4048 | $138K |
| Sale | Class A Common Stock | 3,212 | $92.0591 | $296K |
| Sale | Class A Common Stock | 1,534 | $93.1726 | $143K |
| Sale | Class A Common Stock | 3,010 | $94.2778 | $284K |
| Sale | Class A Common Stock | 11,867 | $95.3757 | $1.13M |
| Sale | Class A Common Stock | 1,913 | $96.0754 | $184K |
| Sale | Class A Common Stock | 550 | $97.0029 | $53K |
| Sale | Class A Common Stock | 250 | $98.31 | $25K |
Holdings After Transaction:
Class B Common Stock — 6,474,894 shares (Direct, null);
Class B Common Stock — 1,980,300 shares (Indirect, By Spouse);
Class A Common Stock — 402,852 shares (Direct, null);
Class A Common Stock — 25,000 shares (Indirect, By Spouse)
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 transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.71 to $90.67, 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 $90.75 to $91.74, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.75 to $92.73, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.79 to $93.78, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.80 to $94.7950, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.80 to $95.79, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.80 to $96.77, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.81 to $97.80, inclusive. The reported securities are directly held by the reporting person's spouse. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.71 to $90.67, inclusive. The reported securities are directly held by the Brannin J. McBee 2022 Irrevocable Trust, of which the reporting person's spouse and minor child are beneficiaries and for which the reporting person's spouse serves as trustee.
Key Figures
Class A shares sold: 194,000 shares
Shares converted from Class B to Class A: 194,000 shares
Highest reported sale price: $98.31 per share
+5 more
8 metrics
Class A shares sold
194,000 shares
Total Class A Common Stock sold across open-market transactions on June 29, 2026
Shares converted from Class B to Class A
194,000 shares
Total Class B shares converted into Class A on June 29, 2026
Highest reported sale price
$98.31 per share
Maximum weighted average sale price for Class A sales reported
Lowest sale price range
$89.71–$90.67
Footnote range for one group of weighted average sale prices
Direct Class A holdings after transactions
402,852 shares
Class A Common Stock directly held by McBee following all reported trades
Trust Class B balance after conversion
3,541,020 shares
Class B Common Stock held by Brannin J. McBee 2022 Irrevocable Trust after conversion
Spouse Class B balance after conversion
1,980,300 shares
Class B Common Stock held by spouse after converting 25,000 shares
Direct Class B balance after conversion
6,474,894 shares
Class B Common Stock directly held by McBee after converting 144,000 shares
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B Common Stock, derivative security, +2 more
6 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
derivative security financial
"Conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
conversion of derivative security financial
"transaction_code_description: "Conversion of derivative security""
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transactions did CoreWeave (CRWV) report for Brannin McBee?
CoreWeave reported that Chief Development Officer Brannin McBee converted 194,000 shares of Class B Common Stock into Class A and sold 194,000 Class A shares in multiple open‑market trades. These transactions involved his direct holdings, a family trust, and his spouse’s holdings.
What role does the Brannin J. McBee 2022 Irrevocable Trust play in CoreWeave (CRWV) holdings?
The Brannin J. McBee 2022 Irrevocable Trust holds CoreWeave shares for beneficiaries including McBee’s spouse and minor child, with his spouse as trustee. The trust was involved in both the conversion of Class B to Class A and in selling Class A shares reported in this Form 4.