CoreWeave (CRWV) CEO sells 13,129 shares to cover RSU tax obligations
Rhea-AI Filing Summary
CoreWeave, Inc. CEO Michael N. Intrator reported routine equity compensation activity involving restricted stock units (RSUs) and related share sales. On May 20, 2026, he sold 13,129 shares of Class A Common Stock at an average price of $99.82 per share.
According to the disclosure, these shares were sold specifically to satisfy tax withholding obligations arising from the vesting and settlement of RSUs, rather than as a discretionary sale. On the same date, 23,443 RSUs were converted into an equal number of Class A shares at a price of $0.00 per share. The RSU award vests in 16 equal quarterly installments on the 20th of May, August, November, and February, beginning on May 20, 2026, and any unvested units either vest or are cancelled; they do not expire independently.
Positive
- None.
Negative
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Insights
Activity reflects RSU vesting and tax withholding, a weak trading signal.
The filing shows CEO Michael N. Intrator converting 23,443 restricted stock units into Class A shares at $0.00 per share, then selling 13,129 shares at $99.82 per share. Footnotes state the sale was solely to cover tax withholding from RSU vesting.
This pattern is typical of equity compensation: RSUs vest, shares are delivered, and a portion is sold or withheld to pay taxes. Because the transaction is driven by tax obligations rather than market timing, it carries limited informational value about management’s view of CoreWeave’s prospects. Future RSU vesting dates on the 20th of May, August, November, and February may generate similar routine filings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 23,443 | $0.00 | -- |
| Exercise | Class A Common Stock | 23,443 | $0.00 | -- |
| Sale | Class A Common Stock | 13,129 | $99.82 | $1.31M |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. 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. 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. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.