Form 4: Magnetar Entities Disposed CoreWeave (CRWV) Class A Stock
Rhea-AI Filing Summary
Magnetar-affiliated reporting persons filed a Form 4 disclosing multiple dispositions of Class A Common Stock of CoreWeave, Inc. (CRWV) executed on 09/16/2025. Several Magnetar entities and related parties sold shares in multiple transactions at weighted-average prices reported between $118.93 and $124.65 (with trade ranges noted in footnotes). The filings show remaining indirect beneficial ownership positions for various Magnetar funds and entities, with per-entity post-transaction holdings listed in the table. The submission includes standard disclaimers that the reporting persons disclaim beneficial ownership except for pecuniary interest and identifies the reporting chain from Magnetar Financial LLC up to David J. Snyderman.
Positive
- Transparent disclosure of multiple dispositions with weighted-average prices and per-entity post-transaction holdings
- Clear ownership chain identified from funds to Magnetar Financial LLC to David J. Snyderman
- Required signatures provided, including attorney-in-fact, indicating procedural completeness
Negative
- Significant insider selling occurred across Magnetar-affiliated entities on 09/16/2025
- Multiple funds reduced holdings, which may be perceived negatively by some market participants
Insights
TL;DR: Multiple sales by Magnetar entities on 09/16/2025 reduce holdings but leave substantial indirect ownership positions.
The Form 4 documents numerous non-derivative dispositions of CoreWeave Class A shares by Magnetar-affiliated entities on 09/16/2025 at weighted-average prices reported between $118.93 and $124.65. The reporting shows granular share counts and post-transaction holdings by entity, indicating the sales were executed across several funds. For investors, the filing transparently records insider selling activity and the continued indirect ownership structure through Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman.
TL;DR: A 10% owner and director group executed coordinated dispositions; filings include required disclaimers and entity structure.
The disclosure identifies the reporting persons as directors and 10% owners and provides the necessary chain of entities and disclaimers. Footnotes specify which Magnetar fund directly holds each block of shares and that the reporting parties disclaim beneficial ownership beyond pecuniary interest. Signatures are provided via attorney-in-fact. The filing meets standard Section 16 reporting formalities and documents that multiple fund-level sales occurred on a single date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,546 | $118.93 | $184K |
| Sale | Class A Common Stock | 5,403 | $121.44 | $656K |
| Sale | Class A Common Stock | 5,864 | $122.17 | $716K |
| Sale | Class A Common Stock | 3,038 | $123.51 | $375K |
| Sale | Class A Common Stock | 1,519 | $124.65 | $189K |
| Sale | Class A Common Stock | 24,563 | $121.44 | $2.98M |
| Sale | Class A Common Stock | 26,647 | $122.17 | $3.26M |
| Sale | Class A Common Stock | 13,798 | $123.51 | $1.70M |
| Sale | Class A Common Stock | 6,899 | $124.65 | $860K |
| Sale | Class A Common Stock | 3,221 | $121.44 | $391K |
| Sale | Class A Common Stock | 3,493 | $122.17 | $427K |
| Sale | Class A Common Stock | 1,810 | $123.51 | $224K |
| Sale | Class A Common Stock | 905 | $124.65 | $113K |
| Sale | Class A Common Stock | 330 | $121.44 | $40K |
| Sale | Class A Common Stock | 361 | $122.17 | $44K |
| Sale | Class A Common Stock | 188 | $123.51 | $23K |
| Sale | Class A Common Stock | 94 | $124.65 | $12K |
| Sale | Class A Common Stock | 7,180 | $121.44 | $872K |
| Sale | Class A Common Stock | 7,788 | $122.17 | $951K |
| Sale | Class A Common Stock | 4,034 | $123.51 | $498K |
| Sale | Class A Common Stock | 2,017 | $124.65 | $251K |
| Sale | Class A Common Stock | 9,852 | $121.44 | $1.20M |
| Sale | Class A Common Stock | 10,692 | $122.17 | $1.31M |
| Sale | Class A Common Stock | 5,536 | $123.51 | $684K |
| Sale | Class A Common Stock | 2,768 | $124.65 | $345K |
| Sale | Class A Common Stock | 12,354 | $121.44 | $1.50M |
| Sale | Class A Common Stock | 13,403 | $122.17 | $1.64M |
| Sale | Class A Common Stock | 6,940 | $123.51 | $857K |
| Sale | Class A Common Stock | 3,470 | $124.65 | $433K |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $118.80 to $119.00, 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 footnotes 2, 3 and 4. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $121.00 to $121.99, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $122.07 to $122.73, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $123.27 to $123.75, inclusive. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of CW Opportunity LLC, CW Opportunity 2 LP, Magnetar Capital Master Fund, Ltd, Magnetar Constellation Master Fund, Ltd and Magnetar Longhorn Fund LP, and the manager of Magnetar Alpha Star Fund LLC and Magnetar Lake Credit Fund 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 CW Opportunity 2 LP. These securities are held directly by CW Opportunity LLC. These securities are held directly by Magnetar Alpha Star Fund LLC. These securities are held directly by Magnetar Capital Master Fund, Ltd. These securities are held directly by Magnetar Constellation Master Fund, Ltd. These securities are held directly by Magnetar Lake Credit Fund LLC. These securities are held directly by Magnetar Longhorn Fund LP.