CoreWeave Form 4: Magnetar entities dispose of 80,820 Class A shares
Rhea-AI Filing Summary
CoreWeave insider Form 4: Multiple Magnetar-related entities reported sales of Class A common stock on 08/29/2025. The filing shows a series of dispositions totaling 80,820 shares across multiple Magnetar funds and vehicles at prices reported between $102.09 and $102.39, with a stated weighted average price footnote. The report lists remaining indirect beneficial holdings by the reporting group across several funds, with individual post-transaction balances shown for each entity. The filing includes detailed disclosure of the reporting chain: Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman, and contains footnotes explaining direct holders and disclaimers of beneficial ownership.
Positive
- Detailed disclosure of each disposition, post-transaction holdings, and the reporting chain from funds to manager
- Weighted average price and price range are disclosed in footnotes, improving transparency
- Signed attestations and attorney-in-fact signatures document proper authorization
Negative
- Substantial dispositions: reporting group sold a total of 80,820 Class A shares on 08/29/2025 at prices in the $102.09–$102.39 range
- No explanation provided for the sales in the filing itself, leaving investors without context for the dispositions
Insights
TL;DR: Magnetar-affiliated entities sold 80,820 CRWV shares on 08/29/2025 at ~ $102 each; filing discloses detailed holdings and ownership chain.
The Form 4 transparently reports multiple coordinated dispositions by Magnetar-related funds and vehicles, itemizing shares sold and post-transaction indirect holdings per entity. The filing includes a weighted average price footnote and a clear ownership/managerial chain from the funds to the ultimate manager. From a reporting and market-disclosure perspective, the form meets Section 16 requirements and gives investors granular visibility into the size and pricing range of the sales. There is no forward-looking or contextual commentary included in the filing.
TL;DR: The disclosure clearly links reporting persons and clarifies disclaimers of beneficial ownership while documenting significant share dispositions.
The submission identifies the reporting entities and the manager, includes signed authorizations, and provides explanatory footnotes about which entity directly holds each block of shares. The form also contains the standard disclaimers of beneficial ownership except for pecuniary interest. Procedurally, signatures and attorney-in-fact filings are present. The filing is thorough on legal form and ownership attribution but contains no explanation of the rationale for the sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 21,382 | $102.36 | $2.19M |
| Sale | Class A Common Stock | 17,465 | $102.39 | $1.79M |
| Sale | Class A Common Stock | 2,290 | $102.39 | $234K |
| Sale | Class A Common Stock | 237 | $102.39 | $24K |
| Sale | Class A Common Stock | 5,105 | $102.39 | $523K |
| Sale | Class A Common Stock | 7,008 | $102.39 | $718K |
| Sale | Class A Common Stock | 8,784 | $102.39 | $899K |
| Sale | Class A Common Stock | 1,985 | $102.39 | $203K |
| Sale | Class A Common Stock | 7,472 | $102.39 | $765K |
| Sale | Class A Common Stock | 4,605 | $102.39 | $472K |
| Sale | Class A Common Stock | 3,709 | $102.39 | $380K |
| Sale | Class A Common Stock | 778 | $102.39 | $80K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $102.09 to $102.39, inclusive. The reporting person undertakes to provide to CoreWeave, Inc. (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 footnote. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of CW Opportunity LLC, CW Opportunity 2 LP, Magnetar Capital Master Fund, Ltd, Magnetar Constellation Master Fund, Ltd, Magnetar Longhorn Fund LP, Magnetar SC Fund Ltd, Magnetar Xing He Master Fund Ltd, Purpose Alternative Credit Fund - F LLC, Purpose Alternative Credit Fund - T LLC, and Longhorn Special Opportunities Fund LP, the general partner of Magnetar Structured Credit Fund, LP and the manager of Magnetar Alpha Star Fund LLC and Magnetar Lake Credit Fund LLC (collectively, the "Magnetar Funds"). Magnetar Capital Partners LP ("Magnetar Capital Partners") is the sole member and parent holding company of Magnetar Financial. Supernova Management LLC ("Supernova Management") is the general partner of Magnetar Capital Partners. The manager of Supernova Management is David J. Snyderman, a citizen of the United States of America. Each of the Magnetar Funds, Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman disclaims beneficial ownership of these shares of Common Stock of the Issuer, except to the extent of its or his pecuniary interest therein. These securities are held directly by CW Opportunity 2 LP. These securities are held directly by CW Opportunity LLC. These securities are held directly by Magnetar Alpha Star Fund LLC. These securities are held directly by Magnetar Capital Master Fund, Ltd. These securities are held directly by Magnetar Constellation Master Fund, Ltd. These securities are held directly by Magnetar Lake Credit Fund LLC. These securities are held directly by Magnetar Longhorn Fund LP. These securities are held directly by Magnetar SC Fund Ltd. These securities are held directly by Magnetar Structured Credit Fund, LP. These securities are held directly by Magnetar Xing He Master Fund Ltd. These securities are held directly by Purpose Alternative Credit Fund - F LLC. These securities are held directly by Purpose Alternative Credit Fund - T LLC. These securities are held directly by Longhorn Special Opportunities Fund LP.