CoreWeave (CRWV) CEO logs 369,489-share sale and conversion while keeping large stake
Rhea-AI Filing Summary
CoreWeave, Inc. CEO and President Michael N. Intrator reported net open-market sales of 369,489 shares of Class A Common Stock on July 7–8, 2026, at weighted average prices reflecting individual sale ranges between $79.61 and $90.13, under a Rule 10b5-1 trading plan adopted on November 20, 2025. He also reported a conversion of 107,692 shares of Class B Common Stock into Class A through Omnadora Capital LLC. Following these transactions, he holds 2,876,815 Class A shares directly, alongside substantial indirect Class B holdings that are each convertible into one Class A share.
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Insights
CEO’s pre-planned sales reduce exposure but leave a very large remaining stake.
CEO and President Michael N. Intrator executed open-market sales of 369,489 CoreWeave Class A shares at prices spanning $79.61 to $90.13. The filing states these were made under a Rule 10b5-1 trading plan adopted on November 20, 2025, indicating the disposals were pre-scheduled rather than opportunistic.
He also converted 107,692 Class B shares into Class A within Omnadora Capital LLC, then reported additional sales from that entity. After these moves, he still directly owns 2,876,815 Class A shares and has indirect Class B positions representing tens of millions of Class A–equivalent shares, since each Class B share is convertible one-for-one. The overall pattern is a net-sell of Class A exposure but with continued, very significant ownership.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,200 | $83.7825 | $101K |
| Sale | Class A Common Stock | 10,100 | $84.9645 | $858K |
| Sale | Class A Common Stock | 12,610 | $85.7506 | $1.08M |
| Sale | Class A Common Stock | 16,007 | $86.796 | $1.39M |
| Sale | Class A Common Stock | 9,293 | $87.7817 | $816K |
| Sale | Class A Common Stock | 4,000 | $88.9362 | $356K |
| Sale | Class A Common Stock | 8,587 | $89.8808 | $772K |
| Conversion | Class B Common Stock | 107,692 | $0.00 | -- |
| Sale | Class A Common Stock | 13,715 | $80.2008 | $1.10M |
| Sale | Class A Common Stock | 17,355 | $81.1185 | $1.41M |
| Sale | Class A Common Stock | 49,074 | $82.0247 | $4.03M |
| Sale | Class A Common Stock | 96,644 | $83.2668 | $8.05M |
| Sale | Class A Common Stock | 21,132 | $83.8904 | $1.77M |
| Sale | Class A Common Stock | 2,080 | $85.0072 | $177K |
| Conversion | Class A Common Stock | 107,692 | $0.00 | -- |
| Sale | Class A Common Stock | 7,385 | $80.2008 | $592K |
| Sale | Class A Common Stock | 9,345 | $81.1185 | $758K |
| Sale | Class A Common Stock | 26,425 | $82.0247 | $2.17M |
| Sale | Class A Common Stock | 52,038 | $83.2668 | $4.33M |
| Sale | Class A Common Stock | 11,379 | $83.8904 | $955K |
| Sale | Class A Common Stock | 1,120 | $85.0072 | $95K |
| 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 $79.61 to $80.60, 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 $80.61 to $81.59, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.61 to $82.60, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.61 to $83.60, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.61 to $84.57, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.74 to $85.20, 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 $79.61 to $80.60, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.16 to $84.08, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.30 to $85.29, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.30 to $86.29, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.30 to $87.27, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.30 to $88.27, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.31 to $89.29, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.31 to $90.13, 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.