CRWV Form 4: Michael Intrator Purchases Shares; Trust Allocations Updated
Rhea-AI Filing Summary
Michael N. Intrator, CoreWeave, Inc. (CRWV) CEO, President, director and 10% owner, reported a transaction dated 09/05/2025 on Form 4. The filing shows a purchase (Code C) of 50,000 shares of Class A common stock and related reporting of underlying Class B common stock convertible into Class A. The report discloses extensive indirect holdings through entities and trusts, including Omnadora Capital LLC, the PMI 2024 F&F GRAT, the Intrator Family Trust, and others. The filing also corrects prior Form 3 allocations, moving 270,000 Class B shares from Mr. Intrator to the PMI GRAT, and notes an in-kind annuity payment of 33,969 Class B shares from the PMI GRAT on 08/27/2025. The reporting person signed via attorney-in-fact on 09/09/2025.
Positive
- Insider purchase of 50,000 Class A shares on 09/05/2025, indicating continued insider participation
- Clarification and correction of prior reporting (270,000 shares reallocated to PMI GRAT) improves ownership transparency
- Detailed disclosure of indirect holdings via Omnadora and multiple trusts, aiding investor understanding of insider control
Negative
- None.
Insights
TL;DR: Insider acquisition of 50,000 Class A shares and clarified holdings via multiple trusts; corrections to prior reporting reduce direct holdings.
The Form 4 documents a relatively small open-market acquisition of 50,000 Class A shares on 09/05/2025 by Michael Intrator, who remains a significant insider with sizable indirect positions held through Omnadora Capital LLC and several family trusts. The filing focuses on ownership reporting and bookkeeping corrections rather than operational or financial disclosures; there is no revenue, earnings, or other financial performance data provided. For investors, the transaction mainly updates insider stake allocations and confirms continued insider ownership rather than signaling company-wide developments.
TL;DR: The filing clarifies beneficial ownership structure and corrects prior allocations, showing active trust and gift management by the reporting person.
The Form 4 highlights governance-relevant items: Mr. Intrator acts as manager for Omnadora and has managerial or trustee influence over several trusts that hold Class B shares, with explicit disclaimers about pecuniary interest and beneficial ownership. The correction moving 270,000 shares to the PMI GRAT and the disclosed in-kind annuity of 33,969 shares are administrative adjustments exempt under Rule 16a-13. These entries improve transparency on insider holdings and control relationships but do not indicate any change in executive roles or governance policies.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 50,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 50,000 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
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 securities are directly held by Omnadora Capital LLC ("Omnadora"). The reporting person is the sole manager of Omnadora's manager, Omnadora Management LLC. In such capacity, the reporting person may be deemed to beneficially own securities directly held by Omnadora. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein. The total number of shares of the Issuer's Class B common stock reported in Column 9 of Table II as held directly by the reporting person and the PMI GRAT, respectively, has been updated or corrected to incorporate the following facts. First, the total held directly by the reporting person was decreased by 270,000 shares and the total held by the PMI GRAT was increased by the same amount as a correction to the initial balances each of them held as of the date the reporting person filed his Form 3. Due to an inadvertent error, the balances reflected in the Form 3 allocated such shares to the reporting person directly and not to the PMI GRAT, although they had been transferred to the PMI GRAT as a gift for no consideration on June 28, 2024. Second, on August 27, 2025, the PMI GRAT made an in-kind annuity payment to the reporting person consisting of 33,969 shares of the Issuer's Class B common stock. The transactions noted in this footnote and in footnote 3 hereof are exempt from Section 16 of the Securities Exchange Act of 1934, as amended, pursuant to Rule 16a-13 under the Exchange Act. The reported securities are directly held by the reporting person's spouse. The reported securities are directly held by the Silver Thimble Resulting Trust ("Silver Thimble"), an irrevocable trust with a third-party trustee, of which the reporting person's children are beneficiaries. Pursuant to its constitutive documents, investment discretion over its assets is exercised by its investment manager, Copper Thimble LLC, for which the reporting person serves as the manager. The reporting person also has the power to remove and replace Silver Thimble's trustee. The reported securities are directly held by the PMI 2024 F&F GRAT (the "PMI GRAT"). The reporting person is the sole beneficiary of the PMI GRAT and his spouse is trustee. The reported securities are directly held by the Intrator Family Trust, of which the reporting person's spouse and children are the beneficiaries and his spouse serves as co-trustee. The reported securities are directly held by the Intrator Family GST-Exempt Trust, of which the reporting person's spouse and children are the beneficiaries and his spouse serves as co-trustee.
