CoreWeave (CRWV) CEO sells 444k shares under 10b5-1 plan, keeps large stake
Rhea-AI Filing Summary
CoreWeave, Inc. CEO and President Michael N. Intrator reported a mix of derivative conversions and open‑market sales of Class A Common Stock. On April 1, 2026, entities associated with him converted a total of 244,017 shares of Class B Common Stock into Class A Common Stock through Omnadora Capital LLC, the PMI 2024 F&F GRAT and the Silver Thimble Resulting Trust. The filing then shows open‑market sales totaling 444,017 Class A shares at weighted average prices between $77.48 and $80.16, executed directly and via these entities under a Rule 10b5‑1 trading plan adopted on November 20, 2025. After the transactions, Intrator holds 5,528,900 Class A shares directly and continues to have significant exposure through Class B shares convertible into Class A, including 21,867,489 Class B shares directly held that are each convertible into one Class A share.
Positive
- None.
Negative
- None.
Insights
CEO’s trades show a planned net sale while retaining a large ongoing stake.
The filing shows Michael N. Intrator, CEO and President of CoreWeave, Inc., overseeing conversions of 244,017 Class B shares into Class A across Omnadora Capital LLC, the PMI 2024 F&F GRAT and the Silver Thimble Resulting Trust. These are zero‑cost conversions of super‑voting equity into regular Class A stock.
Across the same date, Intrator and these related entities sold 444,017 Class A shares in open‑market transactions at weighted average prices around $77.48 to $80.16. A key footnote confirms at least part of these were executed under a Rule 10b5‑1 trading plan adopted on November 20, 2025, indicating the sales were pre‑scheduled rather than purely opportunistic.
Post‑transaction, Intrator still holds 5,528,900 Class A shares directly, plus large Class B positions that are each convertible into one Class A share, including 21,867,489 Class B shares directly and additional indirect Class B holdings through family trusts. This suggests the activity is a sizable but partial liquidity event rather than an exit.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 107,693 | $0.00 | -- |
| Conversion | Class B Common Stock | 129,084 | $0.00 | -- |
| Conversion | Class B Common Stock | 7,240 | $0.00 | -- |
| Sale | Class A Common Stock | 20,922 | $77.478 | $1.62M |
| Sale | Class A Common Stock | 95,609 | $78.4873 | $7.50M |
| Sale | Class A Common Stock | 77,433 | $79.3581 | $6.14M |
| Sale | Class A Common Stock | 6,036 | $80.164 | $484K |
| Conversion | Class A Common Stock | 107,693 | $0.00 | -- |
| Sale | Class A Common Stock | 11,266 | $77.478 | $873K |
| Sale | Class A Common Stock | 51,482 | $78.4873 | $4.04M |
| Sale | Class A Common Stock | 41,695 | $79.3581 | $3.31M |
| Sale | Class A Common Stock | 3,250 | $80.164 | $261K |
| Conversion | Class A Common Stock | 129,084 | $0.00 | -- |
| Sale | Class A Common Stock | 13,504 | $77.478 | $1.05M |
| Sale | Class A Common Stock | 61,708 | $78.4873 | $4.84M |
| Sale | Class A Common Stock | 49,976 | $79.3581 | $3.97M |
| Sale | Class A Common Stock | 3,896 | $80.164 | $312K |
| Conversion | Class A Common Stock | 7,240 | $0.00 | -- |
| Sale | Class A Common Stock | 758 | $77.4778 | $59K |
| Sale | Class A Common Stock | 3,461 | $78.4873 | $272K |
| Sale | Class A Common Stock | 2,803 | $79.3581 | $222K |
| Sale | Class A Common Stock | 218 | $80.1634 | $17K |
| 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 November 20, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.91 to $77.90, 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 $77.91 to $78.90, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.91 to $79.90, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.92 to $80.38, 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 $76.91 to $77.90, 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 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 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 reporting person's spouse.
Key Figures
Key Terms
Rule 10b5-1 trading plan financial
Class B Common Stock financial
weighted average price financial
GRAT financial
beneficial ownership financial
pecuniary interest financial
FAQ
What did CoreWeave (CRWV) CEO Michael Intrator report in this Form 4?
What is the role of Class B Common Stock in CoreWeave (CRWV) CEO’s holdings?
Which entities associated with the CoreWeave (CRWV) CEO were involved in these trades?