CoreWeave (CRWV) CEO vests 23K RSUs, sells shares for taxes
Rhea-AI Filing Summary
CoreWeave, Inc. (CRWV) reported that CEO and President Michael N. Intrator had 23,443 Restricted Stock Units vest and convert into an equal number of shares of Class A Common Stock on August 20, 2026. On the same date, 13,129 shares were sold at $91.88 per share to satisfy tax withholding obligations related to this vesting. Following the vesting event, Intrator held 328,207 Restricted Stock Units directly. The transactions were not reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Intrator Michael N
Role
CEO and President
Sold
13,129 shs ($1.21M)
Approx. gross sale proceeds
$1.21M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3, F4 | 23,443 | -- | -- |
| Exercise | Class A Common Stock F1 | 23,443 | -- | -- |
| Sale | Class A Common Stock F2 | 13,129 | $91.88 | $1.21M |
Holdings After Transaction:
Restricted Stock Units — 328,207 shares (Direct);
Class A Common Stock — 1,687,129 shares (Direct)
Footnotes (4)
- 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 transaction represents shares of Class A Common Stock of the Issuer sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting and settlement of restricted stock units.
- F3. The award shall vest as to 1/16th of the total award on the 20th 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 20, 2026.
- F4. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
RSUs vested and converted: 23,443 Restricted Stock Units
Shares sold: 13,129 shares
Sale price per share: $91.88 per share
+2 more
5 metrics
RSUs vested and converted
23,443 Restricted Stock Units
Vested and settled into Class A Common Stock on August 20, 2026
Shares sold
13,129 shares
Class A Common Stock sold on August 20, 2026
Sale price per share
$91.88 per share
Price for 13,129 shares of Class A Common Stock sold
RSUs held after transaction
328,207 Restricted Stock Units
Directly held by Michael N. Intrator following the reported vesting event
RSU vesting schedule fraction
1/16th of total award
Vests on each 20th calendar day of May, August, November, and February
Key Terms
Restricted Stock Units, tax withholding obligations, vesting and settlement, Rule 10b5-1, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"shares of Class A Common Stock of the Issuer sold to satisfy the reporting person's tax withholding obligations"
vesting and settlement financial
"incurred in connection with the vesting and settlement of restricted stock units"
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
contingent right financial
"represents a contingent right to receive one share of the Issuer's Class A Common Stock"
FAQ
What transactions did CoreWeave (CRWV) CEO Michael Intrator report on this Form 4?
Michael N. Intrator reported vesting of 23,443 Restricted Stock Units into Class A Common Stock on August 20, 2026, and the sale of 13,129 shares of Class A Common Stock on the same date, with the sale tied to tax withholding obligations.
What was the purpose of the CoreWeave (CRWV) CEO’s stock sale reported here?
The filing states that the 13,129 shares of Class A Common Stock sold by Michael N. Intrator were sold to satisfy the reporting person’s tax withholding obligations incurred in connection with the vesting and settlement of Restricted Stock Units.
How many Restricted Stock Units vested for the CoreWeave (CRWV) CEO in this event?
On August 20, 2026, 23,443 Restricted Stock Units held by Michael N. Intrator vested and were settled into an equal number of shares of CoreWeave’s Class A Common Stock, according to the filing’s description of the RSUs.
How many Restricted Stock Units does the CoreWeave (CRWV) CEO hold after this transaction?
After the reported vesting event, Michael N. Intrator directly held 328,207 Restricted Stock Units. These RSUs represent contingent rights to receive shares of CoreWeave’s Class A Common Stock upon future settlement, vesting, or cancellation as described.
Were the CoreWeave (CRWV) CEO’s transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked, and there is no footnote stating that the transactions were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
How do the CoreWeave (CRWV) CEO’s RSUs vest over time?
The award vests as to 1/16th of the total RSUs on the 20th calendar day of May, August, November, and February, subject to continued service, with the first tranche vesting on May 20, 2026. Unvested RSUs either vest or are cancelled before vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.