CoreWeave (CRWV) CDO McBee sells and converts 287,500 company shares
Rhea-AI Filing Summary
CoreWeave, Inc. Chief Development Officer Brannin McBee reported mixed insider activity involving Class A and Class B Common Stock on April 27, 2026. Entities associated with McBee converted a total of 287,500 shares of Class B Common Stock into an equal number of Class A shares and executed open-market sales of 287,500 Class A shares.
The transactions were effected indirectly through McBee’s direct holdings, the Brannin J. McBee 2022 Irrevocable Trust, and his spouse, with sale prices reported as weighted averages generally ranging from about $105 to $112 per share under a Rule 10b5-1 trading plan adopted on November 17, 2025.
Positive
- None.
Negative
- None.
Insights
McBee’s filing shows sizable, pre-planned sales offset by share conversions, with substantial ownership remaining.
Chief Development Officer Brannin McBee reported open-market sales of 287,500 Class A shares and conversions of 287,500 Class B shares into Class A on April 27, 2026. The activity occurred across direct holdings, a family trust, and his spouse’s accounts.
The filing notes these sales were executed under a Rule 10b5-1 trading plan, indicating a pre-arranged schedule rather than ad hoc trading. A large position in Class B Common Stock remains outstanding after the conversions, suggesting the transactions primarily rebalance exposure between share classes while realizing liquidity.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 200,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 33,350 | $0.00 | -- |
| Conversion | Class B Common Stock | 54,150 | $0.00 | -- |
| Conversion | Class A Common Stock | 200,000 | $0.00 | -- |
| Sale | Class A Common Stock | 16,300 | $105.6318 | $1.72M |
| Sale | Class A Common Stock | 23,633 | $106.6164 | $2.52M |
| Sale | Class A Common Stock | 52,711 | $107.4897 | $5.67M |
| Sale | Class A Common Stock | 12,451 | $108.6144 | $1.35M |
| Sale | Class A Common Stock | 9,175 | $109.6284 | $1.01M |
| Sale | Class A Common Stock | 30,331 | $110.80 | $3.36M |
| Sale | Class A Common Stock | 48,600 | $111.4776 | $5.42M |
| Sale | Class A Common Stock | 6,799 | $112.1837 | $763K |
| Conversion | Class A Common Stock | 33,350 | $0.00 | -- |
| Sale | Class A Common Stock | 2,668 | $105.6106 | $282K |
| Sale | Class A Common Stock | 3,682 | $106.5702 | $392K |
| Sale | Class A Common Stock | 9,242 | $107.4854 | $993K |
| Sale | Class A Common Stock | 1,890 | $108.616 | $205K |
| Sale | Class A Common Stock | 1,484 | $109.5084 | $163K |
| Sale | Class A Common Stock | 4,852 | $110.7695 | $537K |
| Sale | Class A Common Stock | 7,844 | $111.4261 | $874K |
| Sale | Class A Common Stock | 1,688 | $112.1269 | $189K |
| Conversion | Class A Common Stock | 54,150 | $0.00 | -- |
| Sale | Class A Common Stock | 4,331 | $105.6106 | $457K |
| Sale | Class A Common Stock | 5,979 | $106.5701 | $637K |
| Sale | Class A Common Stock | 15,006 | $107.4854 | $1.61M |
| Sale | Class A Common Stock | 3,068 | $108.6158 | $333K |
| Sale | Class A Common Stock | 2,411 | $109.5087 | $264K |
| Sale | Class A Common Stock | 7,877 | $110.7695 | $873K |
| Sale | Class A Common Stock | 12,737 | $111.4261 | $1.42M |
| Sale | Class A Common Stock | 2,741 | $112.1271 | $307K |
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 transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.05 to $106.04, 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 $106.05 to $107.04, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.05 to $108.04, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.05 to $109.04, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.05 to $110.04, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.06 to $111.055, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.06 to $112.05, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.06 to $112.82, inclusive. The reported securities are directly held by the reporting person's spouse. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.02 to $105.97, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.02 to $107.01, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.02 to $108.01, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.02 to $108.93, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.02 to $109.995, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.03 to $111.02, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.03 to $112.02, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.03 to $112.76, inclusive. The reported securities are directly held by the Brannin J. McBee 2022 Irrevocable Trust, of which the reporting person's spouse and minor child are beneficiaries and for which the reporting person's spouse serves as trustee.