CoreWeave director Hutchins receives 1,440 shares
Sentiment and the balance of points
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Rhea-AI Filing Summary
CoreWeave, Inc. (CRWV) director Glenn H. Hutchins converted 1,440 restricted stock units into 1,440 shares of Class A common stock on November 10, 2026. Afterward, he directly held 13,083 Class A shares and 7,240 restricted stock units. North Island Inferno Fund II LLC held 10,640 shares, and Tide Mill LLC held 384,840 shares. Hutchins may be deemed to share voting and investment discretion over North Island’s securities and to exercise such discretion over Tide Mill’s investments; he disclaims beneficial ownership except to the extent of any pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F4, F5 | 1,440 | -- | -- |
| Exercise | Class A Common Stock F1 | 1,440 | $0.00 | $0.00 |
| Holding | Class A Common Stock F2 | -- | -- | -- |
| Holding | Class A Common Stock F3 | -- | -- | -- |
Footnotes (5)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- F2. The reported securities are directly held by North Island Inferno Fund II LLC ("North Island Inferno"). The reporting person serves as investment manager for North Island Inferno and as such may be deemed to exercise shared voting and investment discretion over securities held by it. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Exchange Act"), except to the extent of his pecuniary interest therein, if any.
- F3. The reported securities are directly held by Tide Mill LLC ("Tide Mill"). The managing member of Tide Mill is North Island Management, LLC ("NIM"). The reporting person serves as chairman of NIM and may be deemed to directly or indirectly exercise voting and investment discretion over the investments of NIM and Tide Mill. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act except to the extent of his pecuniary interest therein, if any.
- F4. The award vested or vests as to 1/12 of the total award on the tenth calendar day of May, August, November, and February, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on May 10, 2025.
- F5. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right technical
FAQ
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What are the vesting terms for Glenn H. Hutchins’s CRWV restricted stock units?
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