CoreWeave (CRWV) EVP sells shares after RSU vesting and plan trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. EVP of Product & Engineering Goldberg Chen reported a mix of equity transactions in Class A Common Stock. On May 20, 2026, he exercised restricted stock units (RSUs) to acquire 16,732 shares of Class A stock, as each RSU converts into one share upon settlement.
On the same date, Chen reported open‑market sales totaling 14,168 shares at weighted average prices around $100 per share. Part of these sales were used to satisfy tax withholding obligations arising from RSU vesting, and at least one sale was executed under a pre‑arranged Rule 10b5‑1 trading plan.
Following these transactions, Chen continues to hold tens of thousands of CoreWeave shares directly, indicating these moves largely reflect routine RSU vesting, tax management, and a pre‑scheduled trading plan rather than a full exit of his equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 14,168 shares ($1,421,586)
Net Sell
9 txns
Insider
Goldberg Chen
Role
EVP, Product & Engineering
Sold
14,168 shs ($1.42M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,037 | $0.00 | -- |
| Exercise | Restricted Stock Units | 8,695 | $0.00 | -- |
| Exercise | Class A Common Stock | 8,037 | $0.00 | -- |
| Exercise | Class A Common Stock | 8,695 | $0.00 | -- |
| Sale | Class A Common Stock | 8,627 | $99.82 | $861K |
| Sale | Class A Common Stock | 200 | $98.835 | $20K |
| Sale | Class A Common Stock | 400 | $99.7125 | $40K |
| Sale | Class A Common Stock | 3,641 | $101.1698 | $368K |
| Sale | Class A Common Stock | 1,300 | $101.8677 | $132K |
Holdings After Transaction:
Restricted Stock Units — 120,566 shares (Direct, null);
Class A Common Stock — 70,382 shares (Direct, null)
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 reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 3, 2025 and modified on November 20, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.42 to $99.25, 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 $99.43 to $100.33, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.60 to $101.55, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.63 to $102.51, inclusive. The award shall vest as to 1/16th of the total award on the 20th calendar day of May, August, November, and February, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on May 20, 2026. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. The award vested as to 1/4 of the total award on February 20, 2026, and vests thereafter as to 1/16 of the total award on the 20th calendar day of May, August, November, and February, subject to the reporting person's continued service to the Issuer on each vesting date.
Key Figures
Shares sold: 14,168 shares
Shares from RSU vesting: 16,732 shares
Representative sale price: $101.8677 per share
+2 more
5 metrics
Shares sold
14,168 shares
Open-market sales of Class A Common Stock on May 20, 2026
Shares from RSU vesting
16,732 shares
Class A shares acquired via RSU conversion on May 20, 2026
Representative sale price
$101.8677 per share
Weighted average price for a reported open-market sale tranche
Tax-related sales
Portion of 14,168 shares
Shares sold specifically to cover RSU-related tax withholding
Rule 10b5-1 plan dates
Adopted June 3, 2025; modified Nov 20, 2025
Plan governing at least one reported sale
Key Terms
Restricted Stock Units, Rule 10b5-1 trading plan, weighted average price, tax withholding obligations
4 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.
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 June 3, 2025 and modified on November 20, 2025."
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. These shares were sold in multiple transactions at prices ranging from $98.42 to $99.25, inclusive."
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.
tax withholding obligations financial
"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."
FAQ
What insider transactions did CoreWeave (CRWV) EVP Goldberg Chen report?
Goldberg Chen reported a combination of RSU conversions and share sales. On May 20, 2026, he acquired 16,732 Class A shares through RSU vesting and sold 14,168 shares in open‑market transactions, mainly for tax obligations and under a pre‑arranged trading plan.
Were the CoreWeave (CRWV) insider sales part of a Rule 10b5-1 plan?
At least one reported transaction was executed under a Rule 10b5‑1 trading plan. The filing states the sale was made pursuant to a plan adopted on June 3, 2025 and modified on November 20, 2025, indicating the trades were pre‑scheduled rather than opportunistic.
How do CoreWeave (CRWV) restricted stock units work for the EVP?
Each restricted stock unit represents a contingent right to receive one Class A share upon settlement. Footnotes describe vesting schedules in quarterly tranches on the 20th of May, August, November, and February, with units either vesting on schedule or being cancelled before vesting.
Do the CoreWeave (CRWV) RSUs reported in this Form 4 expire?
The filing states these restricted stock units do not expire in the traditional sense. Instead, they either vest into Class A Common Stock according to the specified schedule or are cancelled prior to the vesting date if service conditions are not met.