Magnetar funds trim CoreWeave (CRWV) warrant position in open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. insider Magnetar-affiliated funds reported an open-market sale of derivative securities tied to the company. Investment vehicles managed by Magnetar Financial LLC sold 40,000 warrants (rights to buy Class A Common Stock) at a transaction price of $125.2005 per warrant, leaving 74,505 warrants in that position. The warrants have an exercise price of $1.5495 per share and expire on October 17, 2029. Magnetar Financial, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman each disclaim beneficial ownership of the CoreWeave shares underlying these securities except to the extent of their pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,000 shares ($5,008,020)
Net Sell
9 txns
Insider
Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, Snyderman David J.
Role
null | null | null | null
Sold
40,000 shs ($5.01M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Warrant (right to buy) | 40,000 | $125.2005 | $5.01M |
| holding | Warrant (right to buy) | -- | -- | -- |
| holding | Warrant (right to buy) | -- | -- | -- |
| holding | Warrant (right to buy) | -- | -- | -- |
| holding | Warrant (right to buy) | -- | -- | -- |
| holding | Warrant (right to buy) | -- | -- | -- |
| holding | Warrant (right to buy) | -- | -- | -- |
| holding | Warrant (right to buy) | -- | -- | -- |
| holding | Warrant (right to buy) | -- | -- | -- |
Holdings After Transaction:
Warrant (right to buy) — 74,505 shares (Indirect, Footnotes)
Footnotes (1)
- Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of 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 and Purpose Alternative Credit Fund - T LLC, the general partner of Magnetar Structured Credit Fund, LP DBA Magnetar Constellation Onshore Fund (They are not separate legal entities) 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 Magnetar SC Fund Ltd. These securities are held directly by Magnetar Alpha Star Fund LLC. 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 Structured Credit Fund, LP DBA Magnetar Constellation Onshore Fund. They are not separate legal entities. 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.
Key Figures
Warrants sold: 40,000 warrants
Sale price per warrant: $125.2005 per warrant
Warrants remaining in position: 74,505 warrants
+3 more
6 metrics
Warrants sold
40,000 warrants
Open-market sale of warrants on Class A Common Stock
Sale price per warrant
$125.2005 per warrant
Transaction price for 40,000 warrants
Warrants remaining in position
74,505 warrants
Total warrants following the reported sale in that line
Warrant exercise price
$1.5495 per share
Exercise price for underlying Class A Common Stock
Warrant expiration date
October 17, 2029
Expiration of reported CoreWeave warrants
Net share direction
40,000 net shares sold
transactionSummary shows net-sell of 40,000 underlying shares
Key Terms
Warrant (right to buy), open-market sale, ten percent owner, pecuniary interest, +1 more
5 terms
Warrant (right to buy) financial
""security_title": "Warrant (right to buy)""
open-market sale financial
""transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
ten percent owner financial
""is_ten_percent_owner": 1"
pecuniary interest financial
"except to the extent of its or his pecuniary interest therein"
beneficial ownership financial
"disclaims beneficial ownership of these shares of Common Stock"
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
At what price were the CoreWeave (CRWV) warrants sold by Magnetar-affiliated funds?
The reported transaction price was $125.2005 per warrant for 40,000 warrants. This price applies to the derivative security itself, which represents a right to buy CoreWeave Class A Common Stock on the terms specified in the warrant documentation.
What are the exercise terms of the CoreWeave (CRWV) warrants held by Magnetar funds?
The warrants have an exercise price of $1.5495 per share of CoreWeave Class A Common Stock. They became exercisable on October 17, 2022 and are scheduled to expire on October 17, 2029, providing a multi-year window for potential exercise.
How many CoreWeave (CRWV) warrants remain after the reported sale?
For the specific warrant position where 40,000 warrants were sold, 74,505 warrants remained following the transaction. Additional warrant positions with different underlying share amounts are also reported as indirectly held by Magnetar-related entities in the same Form 4.
Who is disclosed as having interests in the CoreWeave (CRWV) warrants on this Form 4?
The filing lists Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman, along with various Magnetar funds. Each entity and Mr. Snyderman disclaim beneficial ownership of CoreWeave shares except to the extent of any pecuniary interest.
Which entities directly hold the CoreWeave (CRWV) warrant securities mentioned in the Form 4?
Footnotes explain that the warrants are held directly by various Magnetar and Purpose-branded funds, such as Magnetar SC Fund Ltd and Purpose Alternative Credit Fund vehicles. Magnetar Financial serves as investment adviser or manager to these funds, according to the disclosure.