CoreWeave (CRWV) director-linked entities sell 76,924 shares and convert derivatives
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. director and Chief Strategy Officer Brian M. Venturo reported a mix of trust and LLC transactions in CoreWeave Class A and Class B Common Stock. Entities associated with him, including the Venturo Family GST Exempt Trust and West Clay Capital LLC, sold an aggregate of 76,924 shares of Class A Common Stock in open-market transactions at prices generally around $100–$105 per share.
On the same date, those entities also converted derivative positions and acquired 76,924 shares of Class A Common Stock through zero-cost conversions coded as "C". Following these transactions, associated trusts and West Clay Capital LLC continue to hold large positions in Class B Common Stock, each share convertible into one Class A share, including holdings representing 5,402,057 and 5,343,347 underlying Class A shares. At least one sale was effected under a Rule 10b5-1 trading plan adopted on November 13, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 76,924 shares ($7,871,924)
Net Sell
24 txns
Insider
Venturo Brian M
Role
Chief Strategy Officer
Sold
76,924 shs ($7.87M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 61,539 | $0.00 | -- |
| Conversion | Class B Common Stock | 15,385 | $0.00 | -- |
| Conversion | Class A Common Stock | 61,539 | $0.00 | -- |
| Sale | Class A Common Stock | 9,824 | $100.299 | $985K |
| Sale | Class A Common Stock | 12,656 | $101.2102 | $1.28M |
| Sale | Class A Common Stock | 13,358 | $102.2585 | $1.37M |
| Sale | Class A Common Stock | 13,440 | $103.3154 | $1.39M |
| Sale | Class A Common Stock | 11,700 | $104.0873 | $1.22M |
| Sale | Class A Common Stock | 561 | $105.0208 | $59K |
| Conversion | Class A Common Stock | 15,385 | $0.00 | -- |
| Sale | Class A Common Stock | 2,457 | $100.299 | $246K |
| Sale | Class A Common Stock | 3,163 | $101.2103 | $320K |
| Sale | Class A Common Stock | 3,340 | $102.2584 | $342K |
| Sale | Class A Common Stock | 3,360 | $103.3154 | $347K |
| Sale | Class A Common Stock | 2,925 | $104.0873 | $304K |
| Sale | Class A Common Stock | 140 | $105.02 | $15K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 5,298,230 shares (Indirect, West Clay Capital LLC);
Class A Common Stock — 61,539 shares (Indirect, West Clay Capital LLC);
Class B Common Stock — 5,343,347 shares (Direct, null);
Class A Common Stock — 229,079 shares (Direct, null)
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 securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.76 to $100.75, 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 $100.76 to $101.75, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.76 to $102.74, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.77 to $103.76, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.77 to $104.60, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.02 to $105.48, inclusive. The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and minor children are beneficiaries. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.76 to $100.75, inclusive. The reported securities are directly held by the reporting person's father-in-law, who is a member of the reporting person's household. The reporting person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest, if any. The reported securities are directly held by the YOLO APV Trust (the "APV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the APV Trust's trustee. The reported securities are directly held by the YOLO ECV Trust (the "ECV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the ECV Trust's trustee. The reported securities are directly held by Venturo Family 2024 Friends and Family GRAT, of which the reporting person is the sole trustee and beneficiary. The reported securities are directly held by the reporting person's spouse. The reported securities are directly held by the Venturo Family Trust dated June 30, 2023 (the "Family Trust"). The reporting person's spouse is trustee of the Family Trust and his minor children are beneficiaries.
Key Figures
Class A shares sold: 76,924 shares
Class A shares acquired via conversion: 76,924 shares
Example sale block: 11,700 shares at $104.0873/share
+4 more
7 metrics
Class A shares sold
76,924 shares
Aggregate open-market sales on Class A Common Stock
Class A shares acquired via conversion
76,924 shares
Non-derivative entries coded C at $0.0000 exercise price
Example sale block
11,700 shares at $104.0873/share
Class A Common Stock sold by West Clay Capital LLC
Price range (lower band)
$99.76–$100.75
Weighted average sale price range in one transaction footnote
Price range (upper band)
$105.02–$105.48
Weighted average sale price range in another transaction footnote
Derivative holding example
5,402,057 underlying shares
Class B Common Stock indirectly held, convertible into Class A
Derivative holding example
5,343,347 underlying shares
Class B Common Stock directly held, convertible into Class A
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B Common Stock, Grantor Retained Annuity Trust, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
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"
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.
Grantor Retained Annuity Trust financial
"Venturo Family 2024 Friends and Family GRAT, of which the reporting person is the sole trustee"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
beneficial ownership regulatory
"The reporting person disclaims beneficial ownership of such securities for purposes of Section 16"
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) insider Brian Venturo report on this Form 4?
Brian Venturo reported trust and LLC-related activity in CoreWeave Class A and Class B shares. Associated entities both sold Class A stock in open-market transactions and acquired Class A shares via zero-cost conversions of Class B Common Stock into Class A.
At what prices were the CoreWeave (CRWV) insider sales executed?
The reported CoreWeave Class A sales were executed at weighted average prices mostly around $100–$105 per share. Footnotes state transaction ranges from $99.76 up to $105.48, reflecting multiple trades within each disclosed price band.
Were the CoreWeave (CRWV) insider sales under a Rule 10b5-1 plan?
At least one reported sale was made under a Rule 10b5-1 trading plan. A footnote explains that the transaction was effected pursuant to a plan adopted by the reporting person on November 13, 2025, indicating pre-arranged, automated selling instructions.
What ongoing CoreWeave (CRWV) positions remain after these Form 4 transactions?
Entities linked to Brian Venturo still hold large Class B Common Stock positions, each share convertible into one Class A share. Examples include holdings representing 5,402,057 and 5,343,347 underlying Class A shares, indicating substantial continuing economic exposure to CoreWeave.