STOCK TITAN

CoreWeave (CRWV) CDO McBee logs 197.5K-share sale and major Class B-to-A conversions

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

CoreWeave, Inc. Chief Development Officer Brannin McBee and related entities reported significant insider trading activity in Class A and Class B Common Stock. On 2026-06-15, entities associated with McBee sold a total of 197,500 shares of Class A Common Stock in multiple open-market transactions at weighted average prices generally around $104–$109 per share.

At the same time, these entities converted derivative positions into 197,000 shares of Class A Common Stock, reflecting non‑cash derivative conversions. Following the transactions, McBee directly holds 402,852 shares of Class A Common Stock and 6,762,894 shares of Class B Common Stock, with additional Class A and Class B shares held indirectly through trusts and by his spouse. The filing notes at least one sale was effected under a pre‑arranged Rule 10b5-1 trading plan adopted on March 5, 2026, indicating portions of the selling activity were pre‑scheduled.

Positive

  • None.

Negative

  • None.

Insights

McBee-related entities executed planned sales and large derivative conversions, with substantial holdings remaining.

The filing shows entities associated with Brannin McBee sold 197,500 shares of CoreWeave Class A Common Stock and simultaneously converted derivatives into 197,000 shares of Class A. These are primarily open-market sales combined with non‑cash conversions from Class B to Class A.

After these trades, McBee still directly holds 402,852 Class A shares plus 6,762,894 Class B shares, while trusts and his spouse hold additional Class A and Class B shares. Because Class B is convertible 1:1 into Class A, the overall economic interest remains large despite the net share sale.

One footnote states a reported sale was executed under a Rule 10b5-1 trading plan adopted on March 5, 2026, suggesting at least some activity was pre‑planned rather than opportunistic. Given the remaining multi‑million Class B position, this Form 4 looks like portfolio rebalancing and structural conversion, so the overall signal for outside investors is best viewed as neutral.

Insider McBee Brannin
Role Chief Development Officer
Sold 197,500 shs ($21.19M)
Type Security Shares Price Value
Conversion Class B Common Stock 144,000 $0.00 --
Conversion Class B Common Stock 25,000 $0.00 --
Conversion Class B Common Stock 25,000 $0.00 --
Conversion Class B Common Stock 3,000 $0.00 --
Conversion Class A Common Stock 144,000 $0.00 --
Sale Class A Common Stock 518 $104.4697 $54K
Sale Class A Common Stock 33,549 $106.275 $3.57M
Sale Class A Common Stock 41,182 $107.032 $4.41M
Sale Class A Common Stock 67,887 $107.9653 $7.33M
Sale Class A Common Stock 864 $108.6102 $94K
Conversion Class A Common Stock 25,000 $0.00 --
Sale Class A Common Stock 90 $104.47 $9K
Sale Class A Common Stock 5,825 $106.2749 $619K
Sale Class A Common Stock 7,149 $107.032 $765K
Sale Class A Common Stock 11,786 $107.9653 $1.27M
Sale Class A Common Stock 150 $108.61 $16K
Conversion Class A Common Stock 25,000 $0.00 --
Sale Class A Common Stock 90 $104.47 $9K
Sale Class A Common Stock 5,825 $106.2749 $619K
Sale Class A Common Stock 7,148 $107.0319 $765K
Sale Class A Common Stock 11,787 $107.9653 $1.27M
Sale Class A Common Stock 150 $108.61 $16K
Conversion Class A Common Stock 3,000 $0.00 --
Sale Class A Common Stock 11 $104.4818 $1K
Sale Class A Common Stock 699 $106.2748 $74K
Sale Class A Common Stock 858 $107.0318 $92K
Sale Class A Common Stock 1,414 $107.9652 $153K
Sale Class A Common Stock 18 $108.6078 $2K
Sale Class A Common Stock 2 $104.47 $208.94
Sale Class A Common Stock 117 $106.2741 $12K
Sale Class A Common Stock 143 $107.0336 $15K
Sale Class A Common Stock 235 $107.9646 $25K
Sale Class A Common Stock 3 $108.5667 $325.70
Holdings After Transaction: Class B Common Stock — 6,762,894 shares (Direct, null); Class B Common Stock — 2,030,300 shares (Indirect, By Spouse); Class A Common Stock — 402,852 shares (Direct, null); Class A Common Stock — 25,000 shares (Indirect, By Spouse)
Footnotes (1)
  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 transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.20 to $104.86, 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 $105.54 to $106.53, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.54 to $107.53, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.54 to $108.50, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.54 to $108.80, inclusive. The reported securities are directly held by the reporting person's spouse. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.20 to $104.86, inclusive. The reported securities are directly held by the Brannin J. McBee 2022 Irrevocable Trust, of which the reporting person's spouse and minor child are beneficiaries and for which the reporting person's spouse serves as trustee. The reported securities are directly held by the Canis Major 2024 Irrevocable Trust LLC of which the reporting person serves as manager. The reported securities are directly held by the Canis Major SM Trust (the "Canis 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 Canis Trust's trustee.
Class A shares sold 197,500 shares Total open-market sales on June 15, 2026
Class A shares from conversions 197,000 shares Acquired via derivative conversions on June 15, 2026
Direct Class A holdings 402,852 shares Shares directly held by McBee after transactions
Direct Class B holdings 6,762,894 shares Class B shares directly held, convertible 1:1 into Class A
Price range low $104.20/share Lower end of weighted average sale price ranges
Price range high $108.80/share Upper end of weighted average sale price ranges
Single large sale block 67,887 shares Direct Class A sale at $107.9653 per share
Largest Class A conversion 144,000 shares Direct derivative conversion into Class A on June 15, 2026
Rule 10b5-1 trading plan regulatory
"The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class B Common Stock financial
"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..."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
conversion of derivative security financial
"transaction_code_description: Conversion of derivative security"
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McBee Brannin

(Last)(First)(Middle)
C/O COREWEAVE, INC.
290 WEST MT. PLEASANT AVENUE, SUITE 4100

(Street)
LIVINGSTON NEW JERSEY 07039

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CoreWeave, Inc. [ CRWV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Development Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/15/2026C144,000A(1)402,852D
Class A Common Stock06/15/2026S(2)518D$104.4697(3)402,334D
Class A Common Stock06/15/2026S(2)33,549D$106.275(4)368,785D
Class A Common Stock06/15/2026S(2)41,182D$107.032(5)327,603D
Class A Common Stock06/15/2026S(2)67,887D$107.9653(6)259,716D
Class A Common Stock06/15/2026S(2)864D$108.6102(7)258,852D
Class A Common Stock06/15/2026C25,000A(1)25,000IBy Spouse(8)
Class A Common Stock06/15/2026S(2)90D$104.47(9)24,910IBy Spouse(8)
Class A Common Stock06/15/2026S(2)5,825D$106.2749(4)19,085IBy Spouse(8)
Class A Common Stock06/15/2026S(2)7,149D$107.032(5)11,936IBy Spouse(8)
Class A Common Stock06/15/2026S(2)11,786D$107.9653(6)150IBy Spouse(8)
Class A Common Stock06/15/2026S(2)150D$108.61(7)0IBy Spouse(8)
Class A Common Stock06/15/2026C25,000A(1)25,000IBrannin J McBee 2022 Irrevocable Trust(10)
Class A Common Stock06/15/2026S(2)90D$104.47(9)24,910IBrannin J McBee 2022 Irrevocable Trust(10)
Class A Common Stock06/15/2026S(2)5,825D$106.2749(4)19,085IBrannin J McBee 2022 Irrevocable Trust(10)
Class A Common Stock06/15/2026S(2)7,148D$107.0319(5)11,937IBrannin J McBee 2022 Irrevocable Trust(10)
Class A Common Stock06/15/2026S(2)11,787D$107.9653(6)150IBrannin J McBee 2022 Irrevocable Trust(10)
Class A Common Stock06/15/2026S(2)150D$108.61(7)0IBrannin J McBee 2022 Irrevocable Trust(10)
Class A Common Stock06/15/2026C3,000A(1)3,000ICanis Major 2024 Irrevocable Trust LLC(11)
Class A Common Stock06/15/2026S(2)11D$104.4818(9)2,989ICanis Major 2024 Irrevocable Trust LLC(11)
Class A Common Stock06/15/2026S(2)699D$106.2748(4)2,290ICanis Major 2024 Irrevocable Trust LLC(11)
Class A Common Stock06/15/2026S(2)858D$107.0318(5)1,432ICanis Major 2024 Irrevocable Trust LLC(11)
Class A Common Stock06/15/2026S(2)1,414D$107.9652(6)18ICanis Major 2024 Irrevocable Trust LLC(11)
Class A Common Stock06/15/2026S(2)18D$108.6078(7)0ICanis Major 2024 Irrevocable Trust LLC(11)
Class A Common Stock06/15/2026S(2)2D$104.47(9)53,498ICanis Major SM Trust(12)
Class A Common Stock06/15/2026S(2)117D$106.2741(4)53,381ICanis Major SM Trust(12)
Class A Common Stock06/15/2026S(2)143D$107.0336(5)53,238ICanis Major SM Trust(12)
Class A Common Stock06/15/2026S(2)235D$107.9646(6)53,003ICanis Major SM Trust(12)
Class A Common Stock06/15/2026S(2)3D$108.5667(7)53,000ICanis Major SM Trust(12)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Common Stock(1)06/15/2026C144,000 (1) (1)Class A Common Stock144,000(1)6,762,894D
Class B Common Stock(1)06/15/2026C25,000 (1) (1)Class A Common Stock25,000(1)2,030,300IBy Spouse(8)
Class B Common Stock(1)06/15/2026C25,000 (1) (1)Class A Common Stock25,000(1)3,591,020IBrannin J. McBee 2022 Irrevocable Trust(10)
Class B Common Stock(1)06/15/2026C3,000 (1) (1)Class A Common Stock3,000(1)318,000ICanis Major 2024 Irrevocable Trust LLC(11)
Explanation of Responses:
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.
2. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.20 to $104.86, 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.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.54 to $106.53, inclusive.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.54 to $107.53, inclusive.
6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.54 to $108.50, inclusive.
7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.54 to $108.80, inclusive.
8. The reported securities are directly held by the reporting person's spouse.
9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.20 to $104.86, inclusive.
10. The reported securities are directly held by the Brannin J. McBee 2022 Irrevocable Trust, of which the reporting person's spouse and minor child are beneficiaries and for which the reporting person's spouse serves as trustee.
11. The reported securities are directly held by the Canis Major 2024 Irrevocable Trust LLC of which the reporting person serves as manager.
12. The reported securities are directly held by the Canis Major SM Trust (the "Canis 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 Canis Trust's trustee.
Remarks:
This Form 4 is Part 1 of 2 for this reporting person. Transactions by the reporting person are continued on Part 2.
/s/ Nisha Antony, as Attorney-in-Fact06/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did CoreWeave (CRWV) insider Brannin McBee report in this Form 4?

The Form 4 reports that entities associated with Chief Development Officer Brannin McBee sold 197,500 shares of CoreWeave Class A Common Stock and converted derivatives into 197,000 Class A shares. These trades occurred on June 15, 2026 across multiple open‑market transactions.

Were the CoreWeave (CRWV) insider sales made under a Rule 10b5-1 trading plan?

At least one reported sale was executed under a Rule 10b5-1 trading plan adopted on March 5, 2026. Such plans pre‑schedule trades, meaning parts of the selling activity were arranged in advance rather than timed discretionarily to short‑term market movements.

How many CoreWeave (CRWV) shares does Brannin McBee hold after these transactions?

After the transactions, Brannin McBee directly holds 402,852 shares of Class A Common Stock and 6,762,894 shares of Class B Common Stock. Additional Class A and Class B shares are held indirectly through trusts and by his spouse, maintaining a substantial overall position.

What is the significance of Class B Common Stock in the CoreWeave (CRWV) Form 4?

The filing notes that each share of Class B Common Stock is convertible into one Class A share. McBee and related entities still hold multi‑million Class B shares after the transactions, so these derivative-like holdings can be turned into Class A, preserving a large economic stake.

Did the CoreWeave (CRWV) Form 4 include derivative conversions as well as share sales?

Yes. The Form 4 shows 197,000 Class A shares acquired through derivative conversions coded as “C,” alongside the 197,500 Class A shares sold. These conversions reflect shifting from Class B and other derivative positions into Class A Common Stock.