CoreWeave (CRWV) EVP sells stock at $91.88 to cover RSU taxes
Rhea-AI Filing Summary
CoreWeave, Inc. (CRWV) executive Goldberg Chen, EVP, Product & Engineering, reported activity tied to vesting restricted stock units (RSUs). On August 20, 2026, RSUs covering 16,733 Class A shares (two awards of 8,695 and 8,038 units) were settled into an equal number of shares. On the same date, 8,628 shares of Class A Common Stock were sold at $91.88 per share to satisfy Chen’s tax withholding obligations arising from the RSU vesting. The RSU awards vest over time, subject to Chen’s continued service, with quarterly vesting on the 20th day of May, August, November, and February as described in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
Goldberg Chen
Role
EVP, Product & Engineering
Sold
8,628 shs ($793K)
Approx. gross sale proceeds
$793K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3, F4 | 8,695 | -- | -- |
| Exercise | Restricted Stock Units F1, F5, F4 | 8,038 | -- | -- |
| Exercise | Class A Common Stock F1 | 8,695 | -- | -- |
| Exercise | Class A Common Stock F1 | 8,038 | -- | -- |
| Sale | Class A Common Stock F2 | 8,628 | $91.88 | $793K |
Holdings After Transaction:
Restricted Stock Units — 199,478 shares (Direct);
Class A Common Stock — 72,974 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- F2. The reported transaction represents shares of Class A Common Stock of the Issuer sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting and settlement of restricted stock units.
- F3. The award vested as to 1/4 of the total award on February 20, 2026, and vests thereafter as to 1/16 of the total award on the 20th calendar day of May, August, November, and February, subject to the reporting person's continued service to the Issuer on each vesting date.
- F4. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- F5. The award shall vest as to 1/16th of the total award on the 20th calendar day of May, August, November, and February, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on May 20, 2026.
Key Figures
Shares sold: 8,628 shares
Sale price per share: $91.88 per share
RSUs settled: 16,733 restricted stock units
+2 more
5 metrics
Shares sold
8,628 shares
Class A Common Stock sold on August 20, 2026
Sale price per share
$91.88 per share
Price for 8,628 Class A shares sold on August 20, 2026
RSUs settled
16,733 restricted stock units
Total RSUs (8,695 and 8,038) converting into Class A shares on August 20, 2026
First award vesting
1/4 of total award
Vested on February 20, 2026, then 1/16 quarterly thereafter, subject to continued service
Second award first vesting date
May 20, 2026
First 1/16 tranche of the second RSU award vested on this date
Key Terms
Restricted Stock Units, tax withholding obligations, vesting, continued service
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares of Class A Common Stock of the Issuer sold to satisfy the reporting person's tax withholding obligations"
vesting financial
"incurred in connection with the vesting and settlement of restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
continued service financial
"subject to the reporting person's continued service to the Issuer on each vesting date"
FAQ
What insider transactions did CRWV executive Goldberg Chen report on August 20, 2026?
Goldberg Chen reported the settlement of 16,733 RSUs into Class A Common Stock and the sale of 8,628 shares on August 20, 2026. The sale was made to cover tax withholding obligations triggered by the RSU vesting.
How many CoreWeave (CRWV) RSUs vested and settled for Goldberg Chen in this Form 4?
Two tranches of RSUs vested and settled: 8,695 units and 8,038 units, for a total of 16,733 restricted stock units converting into the same number of Class A Common Stock shares.
What is the vesting schedule of Goldberg Chen’s CoreWeave (CRWV) RSU awards?
One award vests 1/4 on February 20, 2026, then 1/16 on the 20th day of May, August, November, and February, subject to continued service. Another award vests 1/16 on those same quarterly dates, with the first tranche vested on May 20, 2026.
Do the CoreWeave (CRWV) RSUs reported by Goldberg Chen have an expiration date?
No. The filing states that these restricted stock units do not expire; they either vest or are cancelled before the vesting date, depending on whether the continued service conditions are met.
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