CoreWeave (CRWV) director’s entities sell 1.4M shares after conversions
Rhea-AI Filing Summary
CoreWeave, Inc. director and Chief Strategy Officer Brian M. Venturo reported a mix of share conversions and sales through affiliated entities. West Clay Capital LLC and several family trusts converted a total of 1,201,924 shares of Class B Common Stock into Class A Common Stock at an exercise price of $0.00 per share.
These entities then sold 1,401,924 Class A shares in open-market transactions at weighted-average prices generally ranging from about $76.85 to $81.80 per share, with at least one sale effected under a Rule 10b5-1 trading plan adopted on November 13, 2025. Venturo remains exposed to CoreWeave through large Class B positions convertible into Class A, including 5,343,347 underlying shares held directly and additional amounts held via GRATs and his spouse.
Positive
- None.
Negative
- None.
Insights
Venturo’s entities execute large, pre-planned sales but retain substantial CoreWeave exposure.
The filing shows entities associated with Brian M. Venturo converting 1,201,924 Class B shares into Class A at an exercise price of $0.00, then selling 1,401,924 Class A shares in the open market. These are classic conversion-and-sale transactions rather than new open-market purchases.
At least one sale was made under a Rule 10b5-1 trading plan adopted on November 13, 2025, suggesting the timing was pre-arranged rather than reactive. Despite the net-sell activity, Venturo-linked positions still include direct Class B holdings convertible into 5,343,347 Class A shares and additional large indirect Class B blocks via GRATs and his spouse. The transactions therefore look like significant liquidity events but do not eliminate his economic stake.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 21,863 | $0.00 | -- |
| Conversion | Class B Common Stock | 467,939 | $0.00 | -- |
| Conversion | Class A Common Stock | 467,939 | $0.00 | -- |
| Sale | Class A Common Stock | 389,584 | $80.3556 | $31.31M |
| Sale | Class A Common Stock | 78,355 | $81.2986 | $6.37M |
| Conversion | Class A Common Stock | 21,863 | $0.00 | -- |
| Sale | Class A Common Stock | 21,863 | $80.2059 | $1.75M |
| Conversion | Class B Common Stock | 493,600 | $0.00 | -- |
| Conversion | Class B Common Stock | 218,522 | $0.00 | -- |
| Conversion | Class A Common Stock | 493,600 | $0.00 | -- |
| Sale | Class A Common Stock | 33,351 | $77.4269 | $2.58M |
| Sale | Class A Common Stock | 168,212 | $78.4524 | $13.20M |
| Sale | Class A Common Stock | 145,762 | $79.3095 | $11.56M |
| Sale | Class A Common Stock | 146,275 | $80.1924 | $11.73M |
| Conversion | Class A Common Stock | 218,522 | $0.00 | -- |
| Sale | Class A Common Stock | 8,339 | $77.4269 | $646K |
| Sale | Class A Common Stock | 42,052 | $78.4524 | $3.30M |
| Sale | Class A Common Stock | 36,441 | $79.3094 | $2.89M |
| Sale | Class A Common Stock | 131,690 | $80.2019 | $10.56M |
| Sale | Class A Common Stock | 9,453 | $77.4396 | $732K |
| Sale | Class A Common Stock | 46,543 | $78.4555 | $3.65M |
| Sale | Class A Common Stock | 39,959 | $79.3177 | $3.17M |
| Sale | Class A Common Stock | 4,045 | $80.0943 | $324K |
| Sale | Class A Common Stock | 9,453 | $77.4396 | $732K |
| Sale | Class A Common Stock | 46,543 | $78.4555 | $3.65M |
| Sale | Class A Common Stock | 39,960 | $79.3177 | $3.17M |
| Sale | Class A Common Stock | 4,044 | $80.0944 | $324K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- 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 West Clay Capital LLC, of which the reporting person is the managing member. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.85 to $77.84, 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 $77.85 to $78.84, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.85 to $79.845, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.85 to $80.52, inclusive. The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and his spouse and minor children are beneficiaries. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.85 to $77.84, inclusive. The reported securities are directly held by the YOLO ECV Trust (the "ECV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the ECV Trust's trustee. The reported securities are directly held by the YOLO APV Trust (the "APV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the APV Trust's trustee. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.99, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.00 to $81.80, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.00 to $80.63, inclusive. The reported securities are directly held by the reporting person's father-in-law, who is a member of the reporting person's household. The reporting person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest, if any. The reported securities are directly held by the 2023 Venturo Family GRAT dated June 30, 2023, of which the reporting person is the sole trustee and beneficiary. The reported securities are directly held by Venturo Family 2024 Friends and Family GRAT, of which the reporting person is the sole trustee and beneficiary. The reported securities are directly held by the reporting person's spouse.