CoreWeave (CRWV) CEO pre-planned sale trims 307,693 shares but keeps big stake
Rhea-AI Filing Summary
CoreWeave (CRWV) CEO Michael Intrator and related entities reported significant open‑market sales of Class A Common Stock on April 14, 2026. The filing shows net sales of 307,693 Class A shares at weighted average prices between approximately $113.42 and $118.56 per share, executed under a Rule 10b5-1 trading plan adopted on November 20, 2025.
Part of the activity reflects a conversion of 107,693 shares of Class B Common Stock into Class A shares through Omnadora Capital LLC before being sold. After these trades, Intrator holds 5,266,501 Class A shares directly and continues to hold large Class B positions convertible into Class A through Omnadora, multiple family trusts, a GRAT, and his spouse. The filing notes that securities held by Omnadora are directly owned by that LLC, and Intrator may be deemed a beneficial owner but disclaims beneficial ownership for Section 16 purposes except to the extent of his pecuniary interest.
Positive
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Insights
Pre-planned CEO share sales reduce exposure but leave a large remaining stake.
CoreWeave’s CEO and related entities reported net sales of 307,693 Class A shares on April 14, 2026 at weighted average prices in the low-to-high $110s. The sales were made under a Rule 10b5-1 trading plan, suggesting they were pre-scheduled rather than opportunistic.
Despite the disposals, the CEO still directly owns 5,266,501 Class A shares and has substantial Class B holdings convertible into Class A, including 21,867,489 underlying Class A shares held through Class B stock directly. Additional convertible Class B positions sit in Omnadora Capital LLC, a GRAT, family trusts, and his spouse’s holdings, with some beneficial ownership explicitly disclaimed beyond pecuniary interest.
Overall, the transactions modestly reduce near-term exposure but leave a very large continuing economic interest. Because the sales are both pre-planned and represent only a fraction of the total reported direct and indirect positions, they appear more like routine liquidity and diversification than a clear shift in long-term alignment.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 107,693 | $0.00 | -- |
| Sale | Class A Common Stock | 3,640 | $113.99 | $415K |
| Sale | Class A Common Stock | 15,405 | $115.0825 | $1.77M |
| Sale | Class A Common Stock | 40,195 | $115.9432 | $4.66M |
| Sale | Class A Common Stock | 60,765 | $116.9271 | $7.11M |
| Sale | Class A Common Stock | 77,102 | $117.9246 | $9.09M |
| Sale | Class A Common Stock | 2,893 | $118.4879 | $343K |
| Conversion | Class A Common Stock | 107,693 | $0.00 | -- |
| Sale | Class A Common Stock | 1,960 | $113.99 | $223K |
| Sale | Class A Common Stock | 8,295 | $115.0825 | $955K |
| Sale | Class A Common Stock | 21,644 | $115.9432 | $2.51M |
| Sale | Class A Common Stock | 32,720 | $116.9271 | $3.83M |
| Sale | Class A Common Stock | 41,516 | $117.9246 | $4.90M |
| Sale | Class A Common Stock | 1,558 | $118.4879 | $185K |
| 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 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 $113.42 to $114.41, 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 $114.42 to $115.41, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.43 to $116.42, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.43 to $117.41, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.43 to $118.41, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.43 to $118.56, 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 $113.42 to $114.41, 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 reporting person's spouse.