STOCK TITAN

Magnetar funds cut 1,155,164 CoreWeave (CRWV) shares but keep big stake

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

Rhea-AI Filing Summary

CoreWeave, Inc. reported significant insider selling by Magnetar-managed funds. On May 4, 2026, entities advised or managed by Magnetar Financial LLC executed open-market sales totaling 1,155,164 shares of CoreWeave Class A Common Stock.

The weighted average prices reported were within ranges from $125.79 to $129.50 per share across multiple transaction blocks. According to the filing, the Magnetar Funds, Magnetar entities and David J. Snyderman each disclaim beneficial ownership beyond their pecuniary interests. Following the trades, the funds still report large indirect holdings, including 19,300,683 shares in one account.

Positive

  • None.

Negative

  • None.

Insights

Magnetar-managed funds sold 1.16M CoreWeave shares but retain a large stake.

Entities advised or managed by Magnetar Financial LLC reported open-market sales of 1,155,164 shares of CoreWeave Class A Common Stock on May 4, 2026. All transactions used code S, meaning standard open-market or private sales, with prices clustered around the high-$120s.

Footnotes state that the prices are weighted averages, with detailed executions ranging from $125.79 to $129.50 per share. The filing also notes that the Magnetar Funds and related entities disclaim beneficial ownership beyond their pecuniary interest, clarifying this is fund-level activity rather than a personal liquidation by David J. Snyderman.

Despite the net sell of over 1.1M shares, reported indirect holdings remain large, including 19,300,683 shares in one account shown after the transactions. The filing does not reference any Rule 10b5-1 trading plan, and derivative positions are not listed, suggesting this snapshot focuses on common stock holdings.

Insider Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, Snyderman David J.
Role null | null | null | null
Sold 1,155,164 shs ($147.04M)
Type Security Shares Price Value
Sale Class A Common Stock 58,006 $126.52 $7.34M
Sale Class A Common Stock 60,360 $127.46 $7.69M
Sale Class A Common Stock 10,071 $128.86 $1.30M
Sale Class A Common Stock 8,704 $129.38 $1.13M
Sale Class A Common Stock 183,928 $126.52 $23.27M
Sale Class A Common Stock 191,379 $127.46 $24.39M
Sale Class A Common Stock 31,935 $128.86 $4.12M
Sale Class A Common Stock 27,602 $129.38 $3.57M
Sale Class A Common Stock 24,112 $126.52 $3.05M
Sale Class A Common Stock 25,091 $127.46 $3.20M
Sale Class A Common Stock 4,187 $128.86 $540K
Sale Class A Common Stock 3,618 $129.38 $468K
Sale Class A Common Stock 2,492 $126.52 $315K
Sale Class A Common Stock 2,596 $127.46 $331K
Sale Class A Common Stock 433 $128.87 $56K
Sale Class A Common Stock 374 $129.38 $48K
Sale Class A Common Stock 53,751 $126.52 $6.80M
Sale Class A Common Stock 55,937 $127.46 $7.13M
Sale Class A Common Stock 9,336 $128.86 $1.20M
Sale Class A Common Stock 8,068 $129.38 $1.04M
Sale Class A Common Stock 73,794 $126.52 $9.34M
Sale Class A Common Stock 76,793 $127.46 $9.79M
Sale Class A Common Stock 12,815 $128.86 $1.65M
Sale Class A Common Stock 11,076 $129.38 $1.43M
Sale Class A Common Stock 92,506 $126.52 $11.70M
Sale Class A Common Stock 96,255 $127.46 $12.27M
Sale Class A Common Stock 16,063 $128.86 $2.07M
Sale Class A Common Stock 13,882 $129.38 $1.80M
Holdings After Transaction: Class A Common Stock — 4,600,569 shares (Indirect, Footnotes)
Footnotes (1)
  1. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $125.79 to $126.67, 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 and in footnotes 2, 3, and 4. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $127.04 to $128.00, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $128.07 to $129.00, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $129.27 to $129.50, inclusive. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of CW Opportunity 2 LP, CW Opportunity LLC, Magnetar Capital Master Fund, Ltd, Magnetar Constellation Master Fund, Ltd, and Magnetar Longhorn 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 administrative 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.
Shares sold 1,155,164 shares Total net shares sold on May 4, 2026
Price range block 1 $125.79–$126.67 Weighted average sale range described in footnote F1
Price range block 2 $127.04–$128.00 Weighted average sale range described in footnote F2
Price range block 3 $128.07–$129.00 Weighted average sale range described in footnote F3
Price range block 4 $129.27–$129.50 Weighted average sale range described in footnote F4
Largest post-trade holding 19,300,683 shares Indirect holding in one account after sales
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.
beneficial ownership financial
"disclaims beneficial ownership of these shares of Common Stock of the Issuer"
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.
pecuniary interest financial
"except to the extent of its or his pecuniary interest therein."
ten percent owner financial
"is_ten_percent_owner": 1"
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
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).
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*
Magnetar Financial LLC

(Last)(First)(Middle)
1603 ORRINGTON AVENUE
13TH FLOOR

(Street)
EVANSTON ILLINOIS 60201

(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)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm 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 Stock05/04/2026S58,006D$126.52(1)4,600,569IFootnotes(5)(6)(7)(8)
Class A Common Stock05/04/2026S60,360D$127.46(2)4,540,209IFootnotes(5)(6)(7)(8)
Class A Common Stock05/04/2026S10,071D$128.86(3)4,530,138IFootnotes(5)(6)(7)(8)
Class A Common Stock05/04/2026S8,704D$129.38(4)4,521,434IFootnotes(5)(6)(7)(8)
Class A Common Stock05/04/2026S183,928D$126.52(1)19,300,683IFootnotes(5)(6)(7)(9)
Class A Common Stock05/04/2026S191,379D$127.46(2)19,109,304IFootnotes(5)(6)(7)(9)
Class A Common Stock05/04/2026S31,935D$128.86(3)19,077,369IFootnotes(5)(6)(7)(9)
Class A Common Stock05/04/2026S27,602D$129.38(4)19,049,767IFootnotes(5)(6)(7)(9)
Class A Common Stock05/04/2026S24,112D$126.52(1)1,194,463IFootnotes(5)(6)(7)(10)
Class A Common Stock05/04/2026S25,091D$127.46(2)1,169,372IFootnotes(5)(6)(7)(10)
Class A Common Stock05/04/2026S4,187D$128.86(3)1,165,185IFootnotes(5)(6)(7)(10)
Class A Common Stock05/04/2026S3,618D$129.38(4)1,161,567IFootnotes(5)(6)(7)(10)
Class A Common Stock05/04/2026S2,492D$126.52(1)261,569IFootnotes(5)(6)(7)(11)
Class A Common Stock05/04/2026S2,596D$127.46(2)258,973IFootnotes(5)(6)(7)(11)
Class A Common Stock05/04/2026S433D$128.87(3)258,540IFootnotes(5)(6)(7)(11)
Class A Common Stock05/04/2026S374D$129.38(4)258,166IFootnotes(5)(6)(7)(11)
Class A Common Stock05/04/2026S53,751D$126.52(1)4,183,226IFootnotes(5)(6)(7)(12)
Class A Common Stock05/04/2026S55,937D$127.46(2)4,127,289IFootnotes(5)(6)(7)(12)
Class A Common Stock05/04/2026S9,336D$128.86(3)4,117,953IFootnotes(5)(6)(7)(12)
Class A Common Stock05/04/2026S8,068D$129.38(4)4,109,885IFootnotes(5)(6)(7)(12)
Class A Common Stock05/04/2026S73,794D$126.52(1)5,193,549IFootnotes(5)(6)(7)(13)
Class A Common Stock05/04/2026S76,793D$127.46(2)5,116,756IFootnotes(5)(6)(7)(13)
Class A Common Stock05/04/2026S12,815D$128.86(3)5,103,941IFootnotes(5)(6)(7)(13)
Class A Common Stock05/04/2026S11,076D$129.38(4)5,092,865IFootnotes(5)(6)(7)(13)
Class A Common Stock05/04/2026S92,506D$126.52(1)7,490,275IFootnotes(5)(6)(7)(14)
Class A Common Stock05/04/2026S96,255D$127.46(2)7,394,020IFootnotes(5)(6)(7)(14)
Class A Common Stock05/04/2026S16,063D$128.86(3)7,377,957IFootnotes(5)(6)(7)(14)
Class A Common Stock05/04/2026S13,882D$129.38(4)7,364,075IFootnotes(5)(6)(7)(14)
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
1. Name and Address of Reporting Person*
Magnetar Financial LLC

(Last)(First)(Middle)
1603 ORRINGTON AVENUE
13TH FLOOR

(Street)
EVANSTON ILLINOIS 60201

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Magnetar Capital Partners LP

(Last)(First)(Middle)
1603 ORRINGTON AVENUE
13TH FLOOR

(Street)
EVANSTON ILLINOIS 60201

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Supernova Management LLC

(Last)(First)(Middle)
1603 ORRINGTON AVENUE
13TH FLOOR

(Street)
EVANSTON ILLINOIS 60201

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Snyderman David J.

(Last)(First)(Middle)
1603 ORRINGTON AVENUE
13TH FLOOR

(Street)
EVANSTON ILLINOIS 60201

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $125.79 to $126.67, 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 and in footnotes 2, 3, and 4.
2. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $127.04 to $128.00, inclusive.
3. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $128.07 to $129.00, inclusive.
4. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $129.27 to $129.50, inclusive.
5. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of CW Opportunity 2 LP, CW Opportunity LLC, Magnetar Capital Master Fund, Ltd, Magnetar Constellation Master Fund, Ltd, and Magnetar Longhorn Fund LP, and the manager of Magnetar Alpha Star Fund LLC and Magnetar Lake Credit Fund LLC (collectively, the "Magnetar Funds").
6. 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 administrative manager of Supernova Management is David J. Snyderman, a citizen of the United States of America.
7. 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.
8. These securities are held directly by CW Opportunity 2 LP.
9. These securities are held directly by CW Opportunity LLC.
10. These securities are held directly by Magnetar Alpha Star Fund LLC.
11. These securities are held directly by Magnetar Capital Master Fund, Ltd.
12. These securities are held directly by Magnetar Constellation Master Fund, Ltd.
13. These securities are held directly by Magnetar Lake Credit Fund LLC.
14. These securities are held directly by Magnetar Longhorn Fund LP.
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Administrative Manager of Supernova Management LLC, which is the General Partner of Magnetar Capital Partners LP, which is in turn the Sole Member of Magnetar Financial LLC05/06/2026
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Administrative Manager of Supernova Management LLC, which is the General Partner of Magnetar Capital Partners LP05/06/2026
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Administrative Manager of Supernova Management LLC05/06/2026
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman05/06/2026
** 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 Magnetar-managed funds do in this CoreWeave (CRWV) Form 4 filing?

The filing shows Magnetar-managed funds sold 1,155,164 shares of CoreWeave Class A Common Stock in open-market transactions. These trades occurred on May 4, 2026, at weighted average prices in the high-$120s per share, according to the reported transaction data and footnotes.

At what prices did the CoreWeave (CRWV) shares sell in the Magnetar transactions?

The reported prices are weighted averages, with execution ranges from $125.79 to $129.50 per share. Different transaction blocks fall into narrower bands within this range, as detailed across several footnotes describing the multiple trades that made up each reported weighted average price.

How many CoreWeave (CRWV) shares do the Magnetar funds still hold after these sales?

The filing shows that Magnetar-managed entities continue to hold large indirect positions. One reported account lists 19,300,683 shares of CoreWeave Class A Common Stock following the transactions, indicating the sales represent only a portion of the overall institutional stake.

Who is actually selling CoreWeave (CRWV) shares in this Form 4 — Magnetar or David J. Snyderman?

The securities are held directly by various Magnetar Funds, such as CW Opportunity 2 LP and other listed vehicles. Footnotes state Magnetar entities and David J. Snyderman disclaim beneficial ownership except for their pecuniary interest, so the activity is attributable to these investment funds.

Are the CoreWeave (CRWV) sale prices in this Form 4 single trades or averages?

The prices reported in Column 4 are weighted average prices. Footnotes explain that each line aggregates multiple transactions within specified price ranges, and Magnetar undertakes to provide full execution details on request to the company, its security holders, or SEC staff.

Does this CoreWeave (CRWV) Form 4 include any options or derivatives for Magnetar?

The transaction list covers non-derivative Class A Common Stock only, with no derivative entries shown. The derivative summary section is empty, indicating the filing focuses on common share sales rather than option exercises, warrants, or other convertible securities positions.