CoreWeave (CRWV) CDO Brannin McBee nets 197K-share sale and conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. Chief Development Officer Brannin McBee reported a mix of stock sales and conversions involving 197,000 shares of Class A Common Stock on July 6, 2026. The filing shows open-market sales by entities associated with McBee, including the Canis Major 2024 Irrevocable Trust LLC, the Brannin J. McBee 2022 Irrevocable Trust, and McBee’s spouse, at weighted average prices generally between about $82.62 and $87.51 per share. On the same date, these entities and McBee converted an aggregate 197,000 shares of Class B Common Stock into Class A Common Stock. Following the transactions, McBee directly held 467,263 shares of Class A Common Stock and also held substantial Class B Common Stock directly and through the related trusts and spouse. The filing notes at least one sale was effected pursuant to a Rule 10b5-1 trading plan adopted on March 5, 2026.
Positive
- None.
Negative
- None.
Insights
McBee’s filing shows pre-planned net selling alongside equal-size Class B-to-A conversions.
Brannin McBee, Chief Development Officer of CoreWeave, Inc., reported 197,000 Class A shares sold across multiple open-market tranches and an equal 197,000 Class B shares converted into Class A on July 6, 2026. Transactions span direct holdings and entities such as irrevocable trusts and a spouse account.
Sales occurred at weighted average prices roughly between $82.62 and $87.51 per share, with detailed ranges disclosed in footnotes. One sale was executed under a Rule 10b5-1 trading plan adopted on March 5, 2026, indicating at least part of the activity was pre-scheduled rather than opportunistic.
After these trades, McBee directly held 467,263 Class A shares and significant Class B positions, including 6,330,894 Class B shares directly and additional Class B shares via the trusts and spouse. The net effect is a routine but sizable rebalancing toward Class A, with continuing large exposure to CoreWeave equity.
Insider Trade Summary 10b5-1
Net Seller: 197,000 shares ($16,967,521)
Net Sell
28 txns
Insider
McBee Brannin
Role
Chief Development Officer
Sold
197,000 shs ($16.97M)
| 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 | 6,822 | $83.0885 | $567K |
| Sale | Class A Common Stock | 1,959 | $84.3144 | $165K |
| Sale | Class A Common Stock | 31,833 | $85.7496 | $2.73M |
| Sale | Class A Common Stock | 92,037 | $86.4038 | $7.95M |
| Sale | Class A Common Stock | 11,349 | $87.1129 | $989K |
| Conversion | Class A Common Stock | 25,000 | $0.00 | -- |
| Sale | Class A Common Stock | 1,185 | $83.0884 | $98K |
| Sale | Class A Common Stock | 340 | $84.3146 | $29K |
| Sale | Class A Common Stock | 5,526 | $85.7496 | $474K |
| Sale | Class A Common Stock | 15,979 | $86.4038 | $1.38M |
| Sale | Class A Common Stock | 1,970 | $87.1126 | $172K |
| Conversion | Class A Common Stock | 25,000 | $0.00 | -- |
| Sale | Class A Common Stock | 1,185 | $83.0884 | $98K |
| Sale | Class A Common Stock | 340 | $84.3146 | $29K |
| Sale | Class A Common Stock | 5,527 | $85.7496 | $474K |
| Sale | Class A Common Stock | 15,979 | $86.4039 | $1.38M |
| Sale | Class A Common Stock | 1,969 | $87.1126 | $172K |
| Conversion | Class A Common Stock | 3,000 | $0.00 | -- |
| Sale | Class A Common Stock | 143 | $83.0887 | $12K |
| Sale | Class A Common Stock | 40 | $84.3148 | $3K |
| Sale | Class A Common Stock | 664 | $85.7491 | $57K |
| Sale | Class A Common Stock | 1,917 | $86.4039 | $166K |
| Sale | Class A Common Stock | 236 | $87.1124 | $21K |
Holdings After Transaction:
Class B Common Stock — 6,330,894 shares (Direct, null);
Class B Common Stock — 1,955,300 shares (Indirect, By Spouse);
Class A Common Stock — 467,263 shares (Direct, null);
Class A Common Stock — 25,000 shares (Indirect, By Spouse)
Footnotes (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 $82.62 to $83.52, 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 $83.92 to $84.91, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.96 to $85.95, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.96 to $86.95, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.96 to $87.51, 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 $82.62 to $83.52, 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.
Key Figures
Shares sold: 197,000 shares
Shares converted: 197,000 shares
Sale price range (low band): $82.62–$83.52
+4 more
7 metrics
Shares sold
197,000 shares
Aggregate Class A shares sold on July 6, 2026
Shares converted
197,000 shares
Class B Common Stock converted into Class A on same date
Sale price range (low band)
$82.62–$83.52
Weighted average price range noted in a footnote
Sale price range (high band)
$86.96–$87.51
Highest weighted average sale price range disclosed
Direct Class A holdings
467,263 shares
McBee’s direct Class A holdings after transactions
Direct Class B holdings
6,330,894 shares
Direct Class B Common Stock after conversion transaction
Trust Class B example
3,516,020 shares
Class B held by Brannin J. McBee 2022 Irrevocable Trust after conversion
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B Common Stock, derivative conversion, +2 more
6 terms
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"
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.
derivative conversion financial
"transaction_action": "derivative conversion""
irrevocable trust financial
"The reported securities are directly held by the Brannin J. McBee 2022 Irrevocable Trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
beneficial ownership financial
"the reporting person's spouse and minor child are beneficiaries and for which the reporting person's spouse serves as trustee."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What did CoreWeave (CRWV) executive Brannin McBee report in this Form 4?
Brannin McBee reported a combination of stock sales and conversions totaling 197,000 Class A shares on July 6, 2026. The filing shows open-market sales and corresponding Class B-to-Class A conversions across direct, trust, and spouse-held accounts.
Were Brannin McBee’s CoreWeave (CRWV) stock sales under a Rule 10b5-1 plan?
At least one reported transaction was executed under a Rule 10b5-1 trading plan adopted on March 5, 2026. This indicates that part of the selling activity was pre-arranged, reducing the significance of trade timing as a discretionary market signal.
What role did trusts and a spouse account play in McBee’s CoreWeave (CRWV) trades?
Several transactions involved shares held by the Canis Major 2024 Irrevocable Trust LLC, the Brannin J. McBee 2022 Irrevocable Trust, and McBee’s spouse. The trusts and spouse accounts directly hold the securities, with McBee reporting them as indirect beneficial ownership.