CoreWeave (CRWV) CEO logs 82,455-share sales and 50,000-share Class B conversion
Rhea-AI Filing Summary
CoreWeave, Inc. CEO Michael Intrator reported a mix of share sales and conversions in Class A and Class B stock. He converted 50,000 shares of Class B Common Stock into 50,000 shares of Class A Common Stock through Omnadora Capital LLC, then Omnadora sold all 50,000 Class A shares in multiple open-market transactions.
Separately, he sold a total of 82,455 shares of Class A Common Stock in a series of open-market trades at weighted average prices ranging from about $78.57 to $82.51, some of which were effected under a Rule 10b5-1 trading plan adopted on May 23, 2025. After these direct sales, he continues to hold 5,698,957 Class A shares directly and Class B shares directly convertible into 21,867,489 Class A shares, along with additional indirect Class B interests through family trusts and his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 50,000 | $0.00 | -- |
| Sale | Class A Common Stock | 1,063 | $78.5737 | $84K |
| Sale | Class A Common Stock | 1,584 | $79.7811 | $126K |
| Sale | Class A Common Stock | 8,040 | $80.9014 | $650K |
| Sale | Class A Common Stock | 19,009 | $81.7588 | $1.55M |
| Sale | Class A Common Stock | 2,759 | $82.508 | $228K |
| Conversion | Class A Common Stock | 50,000 | $0.00 | -- |
| Sale | Class A Common Stock | 1,637 | $78.5737 | $129K |
| Sale | Class A Common Stock | 2,440 | $79.7809 | $195K |
| Sale | Class A Common Stock | 12,388 | $80.9014 | $1.00M |
| Sale | Class A Common Stock | 29,284 | $81.7588 | $2.39M |
| Sale | Class A Common Stock | 4,251 | $82.508 | $351K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Footnotes (1)
- The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.05 to $79.00, 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 $79.29 to $80.28, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.29 to $81.28, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.29 to $82.28, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.29 to $82.85, inclusive. 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 Omnadora Capital LLC ("Omnadora"). The reporting person is the sole manager of Omnadora's manager, Omnadora Management LLC. In such capacity, the reporting person may be deemed to beneficially own securities directly held by Omnadora. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.05 to $79.00, inclusive. The reported securities are directly held by the PMI 2024 F&F GRAT (the "PMI GRAT"). The reporting person is the sole beneficiary of the PMI GRAT and his spouse is trustee. The reported securities are directly held by the Intrator Family GST-Exempt Trust, of which the reporting person's spouse and children are the beneficiaries and his spouse serves as co-trustee. The reported securities are directly held by the Intrator Family Trust, of which the reporting person's spouse and children are the beneficiaries and his spouse serves as co-trustee. The reported securities are directly held by the Silver Thimble Resulting Trust ("Silver Thimble"), an irrevocable trust with a third-party trustee, of which the reporting person's children are beneficiaries. Pursuant to its constitutive documents, investment discretion over its assets is exercised by its investment manager, Copper Thimble LLC, for which the reporting person serves as the manager. The reporting person also has the power to remove and replace Silver Thimble's trustee. The reported securities are directly held by the reporting person's spouse.