Form 4: Magnetar Entities Dispose of 573,457 CoreWeave Shares
Rhea-AI Filing Summary
Magnetar-related entities reported multiple disposals of CoreWeave, Inc. (CRWV) Class A common stock on 09/09/2025. The Form 4 shows a total of 573,457 shares sold across a series of transactions at a weighted average price of $103.84 per share. The filings identify Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman as reporting persons and disclose that the sold shares are held directly by various Magnetar-managed funds. The report also shows substantial remaining indirect holdings by the Magnetar group across multiple funds.
Positive
- None.
Negative
- Aggregated insider disposals of 573,457 Class A shares executed on 09/09/2025 at a weighted average price of $103.84.
- Sales were executed by multiple Magnetar-affiliated entities (Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and related funds), indicating coordinated disposals across managed funds.
Insights
TL;DR: A large block sale of 573,457 CRWV shares by Magnetar entities at ~$103.84 each was reported, reducing their indirect position.
This Form 4 documents coordinated disposals by multiple Magnetar-affiliated entities on a single date. The weighted average sale price is disclosed and the filing specifies the exact funds holding the sold shares. The disclosure is explicit about indirect ownership structures and includes disclaimers of beneficial ownership except for pecuniary interest. From a trading-disclosure standpoint, the filing is thorough and provides transparency on which managed funds held and sold the shares.
TL;DR: Insiders associated with Magnetar reported significant aggregated share disposals, which is a material insider transaction that investors should note.
The filing lists multiple disposals totaling 573,457 shares executed on 09/09/2025 at a weighted average price of $103.84. Reporting persons include an adviser, parent entities, and an individual manager, with clear attribution of the directly held funds for each tranche sold. The inclusion of disclaimers of beneficial ownership is standard, but the scale and coordination of sales across affiliated funds make this a material disclosure under Section 16 reporting rules.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 38,027 | $103.84 | $3.95M |
| Sale | Class A Common Stock | 157,336 | $103.84 | $16.34M |
| Sale | Class A Common Stock | 20,627 | $103.84 | $2.14M |
| Sale | Class A Common Stock | 2,133 | $103.84 | $221K |
| Sale | Class A Common Stock | 45,982 | $103.84 | $4.77M |
| Sale | Class A Common Stock | 63,128 | $103.84 | $6.56M |
| Sale | Class A Common Stock | 79,130 | $103.84 | $8.22M |
| Sale | Class A Common Stock | 17,879 | $103.84 | $1.86M |
| Sale | Class A Common Stock | 67,311 | $103.84 | $6.99M |
| Sale | Class A Common Stock | 41,484 | $103.84 | $4.31M |
| Sale | Class A Common Stock | 33,418 | $103.84 | $3.47M |
| Sale | Class A Common Stock | 7,002 | $103.84 | $727K |
| 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 $103.80 to $103.84, 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.