Form 4: Magnetar-affiliated entities report multiple CRWV disposals totaling large share lots
Rhea-AI Filing Summary
Magnetar-affiliated entities reported multiple sales of CoreWeave, Inc. (CRWV) Class A common stock on 09/19/2025. The Form 4 lists numerous dispositions across several Magnetar funds and related entities at weighted-average prices in the range of approximately $121.78 to $129.18 per share. Individual reported sales include transactions of 489,902 shares, 246,392 shares, 123,000+ smaller lots and other positions, with post-transaction beneficial ownership balances reported for different entities (examples: 6,654,304 shares indirect, 26,827,494 shares indirect, 4,030,222 shares indirect, and other entity-specific totals). The filing includes standard footnote disclosures describing the relationships among Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman and disclaimers of beneficial ownership except for pecuniary interest.
Positive
- None.
Negative
- Multiple large dispositions of CRWV Class A shares by Magnetar-affiliated entities on 09/19/2025 (including a reported sale of 489,902 shares).
- Sales executed across several Magnetar funds and related entities, reducing reported indirect holdings for those entities (post-transaction balances are reported for each entity).
- Wide range of transaction prices disclosed (footnoted ranges from approximately $121.78 to $129.18 per share), indicating numerous separate trade executions on the same date.
Insights
TL;DR: Significant block sales by Magnetar affiliates on 09/19/2025 reduce their reported indirect holdings across multiple entities.
The Form 4 documents a series of non-derivative dispositions of CoreWeave Class A shares executed on the same date at varying weighted-average prices between about $121.78 and $129.18 per share. The transactions are recorded across multiple Magnetar-managed vehicles, with several large individual sale lots (for example, a 489,902-share disposition). Post-transaction beneficial ownership is reported separately by entity, indicating Magnetar-affiliated accounts retain substantial indirect positions even after these sales. For analysts, the filing is a clear disclosure of liquidity activity by a significant shareholder group; it does not include company operational or financial performance data, so market impact depends on context such as total float and contemporaneous trading volume (not provided in this filing).
TL;DR: Insider-related entities executed multiple sales; disclosures and footnotes clarify ownership structure and disclaimers.
The filing properly identifies the reporting persons and provides detailed footnotes describing the manager/partner relationships among Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman. Multiple sales on a single date are documented with weighted-average prices and price ranges provided in footnotes. The filing includes the customary disclaimer that these entities disclaim beneficial ownership except to the extent of pecuniary interest. From a governance perspective, the Form 4 supplies required transparency about the transactions and the chain of control; the document does not allege any misconduct or regulatory exception, and all reported items are transactional disclosures rather than changes in management or control.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,124 | $121.91 | $259K |
| Sale | Class A Common Stock | 24,898 | $124.60 | $3.10M |
| Sale | Class A Common Stock | 115,961 | $125.30 | $14.53M |
| Sale | Class A Common Stock | 23,147 | $126.59 | $2.93M |
| Sale | Class A Common Stock | 17,212 | $127.96 | $2.20M |
| Sale | Class A Common Stock | 2,169 | $128.82 | $279K |
| Sale | Class A Common Stock | 9,105 | $121.90 | $1.11M |
| Sale | Class A Common Stock | 103,500 | $124.67 | $12.90M |
| Sale | Class A Common Stock | 489,902 | $125.30 | $61.38M |
| Sale | Class A Common Stock | 89,700 | $126.60 | $11.36M |
| Sale | Class A Common Stock | 69,000 | $127.96 | $8.83M |
| Sale | Class A Common Stock | 6,900 | $128.66 | $888K |
| Sale | Class A Common Stock | 4,581 | $121.90 | $558K |
| Sale | Class A Common Stock | 52,053 | $124.67 | $6.49M |
| Sale | Class A Common Stock | 246,392 | $125.30 | $30.87M |
| Sale | Class A Common Stock | 45,110 | $126.60 | $5.71M |
| Sale | Class A Common Stock | 34,703 | $127.96 | $4.44M |
| Sale | Class A Common Stock | 3,470 | $128.66 | $446K |
| Sale | Class A Common Stock | 1,194 | $121.90 | $146K |
| Sale | Class A Common Stock | 13,572 | $124.67 | $1.69M |
| Sale | Class A Common Stock | 64,228 | $125.30 | $8.05M |
| Sale | Class A Common Stock | 11,765 | $126.60 | $1.49M |
| Sale | Class A Common Stock | 9,047 | $127.96 | $1.16M |
| Sale | Class A Common Stock | 905 | $128.66 | $116K |
| Sale | Class A Common Stock | 123 | $121.90 | $15K |
| Sale | Class A Common Stock | 1,407 | $124.67 | $175K |
| Sale | Class A Common Stock | 6,642 | $125.30 | $832K |
| Sale | Class A Common Stock | 1,222 | $126.60 | $155K |
| Sale | Class A Common Stock | 937 | $127.96 | $120K |
| Sale | Class A Common Stock | 94 | $128.66 | $12K |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $121.78 to $122.09, 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, 4, 5, 6, 7, 8, 9 and 10. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $123.93 to $124.91, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $124.95 to $125.86, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $126.00 to $126.98, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $127.58 to $128.47, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $128.66 to $129.18, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $121.78 to $122.03, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $124.00 to $124.95, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $125.00 to $125.76, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $127.58 to $128.30, 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 and Longhorn Special Opportunities Fund LP and the manager of Magnetar Alpha Star 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 Longhorn Special Opportunities Fund LP. These securities are held directly by Magnetar Alpha Star Fund LLC. These securities are held directly by Magnetar Capital Master Fund, Ltd.