CoreWeave CDO logs 287,500-share insider trades
CoreWeave, Inc. Chief Development Officer Brannin McBee reported mixed insider activity involving Class A and Class B Common Stock on April 27, 2026.
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Form Type
4
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.
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
Exercise and sale activity reported; no spread calculated
Exercise and Sale
30 txns
Insider
McBee Brannin
Role
Chief Development Officer
Sold
287,500 shs ($31.35M)
Approx. gross sale proceeds
$31.35M
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 200,000 | $0.00 | $0.00 |
| Conversion | Class B Common Stock | 33,350 | $0.00 | $0.00 |
| Conversion | Class B Common Stock | 54,150 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 200,000 | $0.00 | $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 | $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 | $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 |
Holdings After Transaction:
Class B Common Stock — 6,991,660 contracts (Direct);
Class B Common Stock — 2,080,300 contracts (Indirect, By Spouse);
Class B Common Stock — 3,641,020 contracts (Indirect, Brannin J. McBee 2022 Irrevocable Trust);
Class A Common Stock — 313,732 shares (Direct);
Class A Common Stock — 0 shares (Indirect, By Spouse);
Class A Common Stock — 0 shares (Indirect, Brannin J McBee 2022 Irrevocable Trust)
Footnotes (20)
- F1. 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.
- F2. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. The reported securities are directly held by the reporting person's spouse.
- F12. 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.
- F13. 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.
- F14. 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.
- F15. 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.
- F16. 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.
- F17. 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.
- F18. 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.
- F19. 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.
- F20. 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.
Key Figures
Shares sold: 287,500 shares
Shares converted: 287,500 shares
Sale price range (trust-related): $105.05–$112.82
+4 more
7 metrics
Shares sold
287,500 shares
Total Class A shares sold across reported S-code transactions
Shares converted
287,500 shares
Class B Common Stock converted into Class A on April 27, 2026
Sale price range (trust-related)
$105.05–$112.82
Weighted-average sale price ranges from multiple trust transactions
Direct Class A holding
513,732 shares
Direct Class A shares shown following the 200,000-share conversion
Direct Class B holding
6,991,660 shares
Direct Class B shares outstanding after 200,000-share conversion entry
Trust Class B holding
3,641,020 shares
Class B shares held by Brannin J. McBee 2022 Irrevocable Trust after conversion
Spouse Class B holding
2,080,300 shares
Class B shares held by spouse after 33,350-share conversion
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B Common Stock, derivative security, +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..."
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
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.
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.
derivative security financial
"Conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Amended and Restated Certificate of Incorporation regulatory
"events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation."
A company’s amended and restated certificate of incorporation is an updated version of its foundational legal charter that replaces the older document and folds in all changes into one clear copy; it spells out corporate structure, classes of stock, shareholder rights and key governance rules. Investors care because it can change who controls the company, how votes are counted, what claims shareholders have on assets or dividends, and can introduce or remove protections against takeovers—like updating a house title after a major renovation to show who owns what and under what rules.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CRWV’s Brannin McBee report on April 27, 2026?
Brannin McBee reported open-market sales of 287,500 shares of CoreWeave (CRWV) Class A Common Stock and conversions of 287,500 Class B shares into Class A. The activity involved his direct holdings, a family trust, and his spouse’s accounts on April 27, 2026.
What does the CoreWeave (CRWV) filing say about McBee’s remaining Class B holdings?
The Form 4 shows that, even after conversions, large Class B Common Stock positions remain outstanding in McBee’s direct and indirect holdings. This indicates he continues to maintain significant exposure through the higher-vote Class B shares while adjusting the mix between share classes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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