Insider trusts and LLC sell 1,125,000 CoreWeave (CRWV) shares under plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. director and Chief Strategy Officer Brian M. Venturo reported a mix of conversions and open-market sales involving entities associated with him. On April 20, 2026, the Venturo Family GST Exempt Trust and West Clay Capital LLC converted a combined 1,125,000 shares of Class B Common Stock into Class A Common Stock and then sold 1,125,000 Class A shares in multiple open-market transactions at weighted average prices generally between about $110.80 and $118.05. The filing notes that these sales were effected pursuant to a Rule 10b5-1 trading plan adopted on November 13, 2025. After these transactions, entities associated with Venturo continue to hold substantial Class B Common Stock positions convertible into Class A, including 5,402,057 shares held through the 2023 Venturo Family GRAT and 5,343,347 shares held directly.
Positive
- None.
Negative
- None.
Insights
Venturo-related entities converted and sold 1,125,000 CoreWeave Class A shares under a pre-set 10b5-1 plan while retaining large Class B holdings.
Entities associated with Brian M. Venturo, including West Clay Capital LLC and the Venturo Family GST Exempt Trust, reported open-market sales totaling 1,125,000 shares of CoreWeave Class A Common Stock on April 20, 2026. Sale prices were reported as weighted averages, with ranges from about $110.80 to $118.05 per share.
The same entities also reported conversions of Class B into Class A, with 225,000 and 900,000 Class A shares acquired via derivative conversions at an exercise price of $0.0000. A footnote states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on November 13, 2025, indicating they were pre-arranged.
Despite these net sales, the filing shows continuing significant Class B positions that are convertible into Class A, including 5,402,057 underlying shares in the 2023 Venturo Family GRAT and 5,343,347 underlying shares held directly. This suggests the reporting person, through related entities, maintains a substantial economic interest, so the overall picture is a planned partial reduction rather than a full exit.
Insider Trade Summary 10b5-1
Net Seller: 1,125,000 shares ($130,423,868)
Net Sell
28 txns
Insider
Venturo Brian M
Role
Chief Strategy Officer
Sold
1,125,000 shs ($130.42M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 900,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 225,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 900,000 | $0.00 | -- |
| Sale | Class A Common Stock | 19,455 | $111.259 | $2.16M |
| Sale | Class A Common Stock | 39,268 | $112.3785 | $4.41M |
| Sale | Class A Common Stock | 87,220 | $113.4156 | $9.89M |
| Sale | Class A Common Stock | 117,395 | $114.1822 | $13.40M |
| Sale | Class A Common Stock | 47,771 | $115.2369 | $5.50M |
| Sale | Class A Common Stock | 133,859 | $116.4501 | $15.59M |
| Sale | Class A Common Stock | 425,105 | $117.2518 | $49.84M |
| Sale | Class A Common Stock | 29,927 | $117.8849 | $3.53M |
| Conversion | Class A Common Stock | 225,000 | $0.00 | -- |
| Sale | Class A Common Stock | 4,864 | $111.2589 | $541K |
| Sale | Class A Common Stock | 9,817 | $112.3785 | $1.10M |
| Sale | Class A Common Stock | 21,805 | $113.4156 | $2.47M |
| Sale | Class A Common Stock | 29,349 | $114.1822 | $3.35M |
| Sale | Class A Common Stock | 11,943 | $115.2369 | $1.38M |
| Sale | Class A Common Stock | 33,464 | $116.4502 | $3.90M |
| Sale | Class A Common Stock | 106,277 | $117.2518 | $12.46M |
| Sale | Class A Common Stock | 7,481 | $117.8849 | $882K |
| 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 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 6,867,464 shares (Indirect, West Clay Capital LLC);
Class A Common Stock — 900,000 shares (Indirect, West Clay Capital LLC);
Class B Common Stock — 5,343,347 shares (Direct, null);
Class A Common Stock — 223,580 shares (Direct, null)
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 West Clay Capital LLC, of which the reporting person is the managing member. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.80 to $111.79, 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 $111.80 to $112.79, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.80 to $113.79, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.80 to $114.78, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.80 to $115.79, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.80 to $116.79, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.80 to $117.795, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.80 to $118.05, inclusive. The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and his spouse and minor children are beneficiaries. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.80 to $111.79, inclusive. The reported securities are directly held by the reporting person's father-in-law, who is a member of the reporting person's household. The reporting person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest, if any. The reported securities are directly held by the YOLO APV Trust (the "APV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the APV Trust's trustee. The reported securities are directly held by the YOLO ECV Trust (the "ECV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the ECV Trust's trustee. The reported securities are directly held by the 2023 Venturo Family GRAT dated June 30, 2023, of which the reporting person is the sole trustee and beneficiary. The reported securities are directly held by Venturo Family 2024 Friends and Family GRAT, of which the reporting person is the sole trustee and beneficiary. The reported securities are directly held by the reporting person's spouse.
Key Figures
Total Class A shares sold: 1,125,000 shares
Sale price range (weighted averages basis): $110.80–$118.05 per share
Class A shares from GST Trust conversion: 225,000 shares
+3 more
6 metrics
Total Class A shares sold
1,125,000 shares
Open-market or private sales on April 20, 2026
Sale price range (weighted averages basis)
$110.80–$118.05 per share
Prices across reported sale groups on April 20, 2026
Class A shares from GST Trust conversion
225,000 shares
Derivative conversion at $0.0000 exercise price
Class A shares from West Clay conversion
900,000 shares
Derivative conversion at $0.0000 exercise price
Direct Class B position (underlying A)
5,343,347 shares
Class B Common Stock directly held, convertible 1:1 into Class A
2023 GRAT Class B position (underlying A)
5,402,057 shares
Class B held by 2023 Venturo Family GRAT, convertible into Class A
Key Terms
Rule 10b5-1 trading plan, Class B Common Stock, weighted average price, Grantor Retained Annuity Trust, +1 more
5 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"
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.
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"
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions"
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.
Grantor Retained Annuity Trust financial
"Venturo Family 2024 Friends and Family GRAT, of which the reporting person is the sole trustee and beneficiary"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
pecuniary interest financial
"The reporting person disclaims beneficial ownership of such securities ... except to the extent of his pecuniary interest, if any"
FAQ
What insider activity did CoreWeave (CRWV) report for Brian Venturo?
CoreWeave reported that entities associated with director and Chief Strategy Officer Brian M. Venturo converted and sold 1,125,000 Class A shares on April 20, 2026, through multiple open-market transactions executed under a pre-arranged Rule 10b5-1 trading plan.
Which entities executed the CoreWeave (CRWV) insider sales and conversions?
The transactions were attributed to entities associated with Brian M. Venturo, including West Clay Capital LLC and the Venturo Family GST Exempt Trust dated June 30, 2023. Footnotes clarify that these entities directly hold the reported securities rather than Venturo personally transacting in his own name.
Were the CoreWeave (CRWV) insider sales made under a Rule 10b5-1 plan?
Yes. A footnote states the reported sale transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025. Such pre-set plans are established in advance and typically indicate routine, scheduled selling activity rather than ad hoc timing decisions.
Does Brian Venturo still have a significant CoreWeave (CRWV) position after these trades?
Yes. The derivative holdings table shows large remaining Class B positions convertible into Class A, including 5,402,057 underlying shares in the 2023 Venturo Family GRAT and 5,343,347 underlying shares held directly, indicating a continuing substantial economic interest via these entities.