STOCK TITAN

CoreWeave (CRWV) sees Magnetar funds sell calls on 550k shares

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

Rhea-AI Filing Summary

CoreWeave, Inc. reported that investment funds advised by Magnetar Financial entered into open-market sale transactions in call options described as an obligation to sell, referencing a total of 550,000 shares of Class A common stock on May 6, 2026.

The options have exercise prices of $190.00 and $195.00 per share and are scheduled to be exercisable and to expire on December 18, 2026. The securities are held directly by CW Opportunity 2 LP, CW Opportunity LLC and other Magnetar-branded funds, while Magnetar Financial, its parent entities and David J. Snyderman disclaim beneficial ownership except to the extent of any pecuniary interest.

Positive

  • None.

Negative

  • None.
Insider Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, Snyderman David J.
Role null | null | null | null
Sold 550,000 shs ($755.58B)
Type Security Shares Price Value
Sale Call option (obligation to sell) 43,739 $887,901.70 $38.84B
Sale Call option (obligation to sell) 4,375 $87,500.00 $382.81M
Sale Call option (obligation to sell) 138,705 $2,815,711.50 $390.55B
Sale Call option (obligation to sell) 13,870 $277,400.00 $3.85B
Sale Call option (obligation to sell) 18,185 $369,155.50 $6.71B
Sale Call option (obligation to sell) 1,818 $36,360.00 $66.10M
Sale Call option (obligation to sell) 1,880 $38,164.00 $71.75M
Sale Call option (obligation to sell) 188 $3,760.00 $707K
Sale Call option (obligation to sell) 40,536 $822,880.80 $33.36B
Sale Call option (obligation to sell) 4,054 $81,080.00 $328.70M
Sale Call option (obligation to sell) 55,652 $1,129,735.60 $62.87B
Sale Call option (obligation to sell) 5,565 $111,300.00 $619.38M
Sale Call option (obligation to sell) 69,759 $1,416,107.70 $98.79B
Sale Call option (obligation to sell) 6,976 $139,520.00 $973.29M
Sale Call option (obligation to sell) 59,340 $1,204,602.00 $71.48B
Sale Call option (obligation to sell) 5,934 $118,680.00 $704.25M
Sale Call option (obligation to sell) 36,571 $742,391.30 $27.15B
Sale Call option (obligation to sell) 3,657 $73,140.00 $267.47M
Sale Call option (obligation to sell) 29,460 $598,038.00 $17.62B
Sale Call option (obligation to sell) 2,946 $58,920.00 $173.58M
Sale Call option (obligation to sell) 6,173 $125,311.90 $773.55M
Sale Call option (obligation to sell) 617 $12,340.00 $7.61M
Holdings After Transaction: Call option (obligation to sell) — 43,739 shares (Indirect, Footnotes)
Footnotes (1)
  1. 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, Magnetar Longhorn Fund LP, 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 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. 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.
Underlying shares 550,000 shares Total CoreWeave Class A shares tied to call options sold
Strike price 1 <money>$190.00</money> per share Exercise price on certain call options expiring December 18, 2026
Strike price 2 <money>$195.00</money> per share Exercise price on other call options expiring December 18, 2026
Derivative transactions 22 entries Number of call option sale transactions reported in Form 4
Net share direction -550,000 shares Net-sell balance across reported derivative transactions
Transaction date <date>May 6, 2026</date> Date for all reported call option sale transactions
Expiry date <date>December 18, 2026</date> Exercise and expiration date for the reported call options
Call option (obligation to sell) financial
"security_title: Call option (obligation to sell)"
investment adviser financial
"Magnetar Financial LLC serves as the investment adviser to each of CW Opportunity 2 LP"
An investment adviser is a person or firm that professionally manages money and gives recommendations about buying, selling, or holding investments. Like a financial coach or guide, they have a legal duty to act in a client's best financial interest, so their advice, fees and potential conflicts can directly affect returns and risk — making their role important for investors who want informed, accountable help with portfolios.
pecuniary interest financial
"disclaims beneficial ownership of these shares of Common Stock, except to the extent of its or his pecuniary interest therein"
ten percent owner regulatory
"reporting person is listed with is_ten_percent_owner: 1 in the Form 4 data"
beneficial ownership regulatory
"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.
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)
05/06/2026
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
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
Call option (obligation to sell)$19005/06/2026S43,73912/18/202612/18/2026Class A Common Stock43,739$887,901.743,739IFootnotes(1)(2)(3)(4)
Call option (obligation to sell)$19505/06/2026S4,37512/18/202612/18/2026Class A Common Stock4,375$87,5004,375IFootnotes(1)(2)(3)(4)
Call option (obligation to sell)$19005/06/2026S138,70512/18/202612/18/2026Class A Common Stock138,705$2,815,711.5138,705IFootnotes(1)(2)(3)(5)
Call option (obligation to sell)$19505/06/2026S13,87012/18/202612/18/2026Class A Common Stock13,870$277,40013,870IFootnotes(1)(2)(3)(5)
Call option (obligation to sell)$19005/06/2026S18,18512/18/202612/18/2026Class A Common Stock18,185$369,155.518,185IFootnotes(1)(2)(3)(6)
Call option (obligation to sell)$19505/06/2026S1,81812/18/202612/18/2026Class A Common Stock1,818$36,3601,818IFootnotes(1)(2)(3)(6)
Call option (obligation to sell)$19005/06/2026S1,88012/18/202612/18/2026Class A Common Stock1,880$38,1641,880IFootnotes(1)(2)(3)(7)
Call option (obligation to sell)$19505/06/2026S18812/18/202612/18/2026Class A Common Stock188$3,760188IFootnotes(1)(2)(3)(7)
Call option (obligation to sell)$19005/06/2026S40,53612/18/202612/18/2026Class A Common Stock40,536$822,880.840,536IFootnotes(1)(2)(3)(8)
Call option (obligation to sell)$19505/06/2026S4,05412/18/202612/18/2026Class A Common Stock4,054$81,0804,054IFootnotes(1)(2)(3)(8)
Call option (obligation to sell)$19005/06/2026S55,65212/18/202612/18/2026Class A Common Stock55,652$1,129,735.655,652IFootnotes(1)(2)(3)(9)
Call option (obligation to sell)$19505/06/2026S5,56512/18/202612/18/2026Class A Common Stock5,565$111,3005,565IFootnotes(1)(2)(3)(9)
Call option (obligation to sell)$19005/06/2026S69,75912/18/202612/18/2026Class A Common Stock69,759$1,416,107.769,759IFootnotes(1)(2)(3)(10)
Call option (obligation to sell)$19505/06/2026S6,97612/18/202612/18/2026Class A Common Stock6,976$139,5206,976IFootnotes(1)(2)(3)(10)
Call option (obligation to sell)$19005/06/2026S59,34012/18/202612/18/2026Class A Common Stock59,340$1,204,60259,340IFootnotes(1)(2)(3)(11)
Call option (obligation to sell)$19505/06/2026S5,93412/18/202612/18/2026Class A Common Stock5,934$118,6805,934IFootnotes(1)(2)(3)(11)
Call option (obligation to sell)$19005/06/2026S36,57112/18/202612/18/2026Class A Common Stock36,571$742,391.336,571IFootnotes(1)(2)(3)(12)
Call option (obligation to sell)$19505/06/2026S3,65712/18/202612/18/2026Class A Common Stock3,657$73,1403,657IFootnotes(1)(2)(3)(12)
Call option (obligation to sell)$19005/06/2026S29,46012/18/202612/18/2026Class A Common Stock29,460$598,03829,460IFootnotes(1)(2)(3)(13)
Call option (obligation to sell)$19505/06/2026S2,94612/18/202612/18/2026Class A Common Stock2,946$58,9202,946IFootnotes(1)(2)(3)(13)
Call option (obligation to sell)$19005/06/2026S6,17312/18/202612/18/2026Class A Common Stock6,173$125,311.96,173IFootnotes(1)(2)(3)(14)
Call option (obligation to sell)$19505/06/2026S61712/18/202612/18/2026Class A Common Stock617$12,340617IFootnotes(1)(2)(3)(14)
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. 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, Magnetar Longhorn Fund LP, 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").
2. 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.
3. 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.
4. These securities are held directly by CW Opportunity 2 LP.
5. These securities are held directly by CW Opportunity LLC.
6. These securities are held directly by Magnetar Alpha Star Fund LLC.
7. These securities are held directly by Magnetar Capital Master Fund, Ltd.
8. These securities are held directly by Magnetar Constellation Master Fund, Ltd.
9. These securities are held directly by Magnetar Lake Credit Fund LLC.
10. These securities are held directly by Magnetar Longhorn Fund LP.
11. These securities are held directly by Magnetar Structured Credit Fund, LP DBA Magnetar Constellation Onshore Fund. They are not separate legal entities.
12. These securities are held directly by Magnetar Xing He Master Fund Ltd.
13. These securities are held directly by Purpose Alternative Credit Fund - F LLC.
14. These securities are held directly by Purpose Alternative Credit Fund - T LLC.
/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 LLC05/08/2026
/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 LP05/08/2026
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Administrative Manager of Supernova Management LLC05/08/2026
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman05/08/2026
** 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 insider derivatives activity did Magnetar entities report for CoreWeave (CRWV)?

Magnetar-affiliated funds reported open-market sale transactions in call options referencing 550,000 CoreWeave Class A shares. These options are described as an obligation to sell and were all dated May 6, 2026, according to the Form 4 summary data provided.

How many CoreWeave shares are tied to the reported call options?

The reported call option transactions cover 550,000 shares of CoreWeave Class A common stock in total. This figure comes from the Form 4 transaction summary, which aggregates 22 separate derivative sale entries into a single net-sell share count.

What are the strike prices and maturity date of the CoreWeave call options?

The call options have exercise prices of $190.00 and $195.00 per share, with all listed options becoming exercisable and expiring on December 18, 2026. These terms apply to the call options referencing CoreWeave Class A shares.

Who actually holds the CoreWeave securities in the Magnetar Form 4 filing?

The securities are held directly by entities such as CW Opportunity 2 LP, CW Opportunity LLC and various Magnetar-branded funds. Magnetar Financial and related upstream entities act as adviser or general partner and disclaim beneficial ownership except to the extent of any pecuniary interest.

How many derivative transactions did the CoreWeave Form 4 disclose?

The Form 4 data show 22 derivative transactions in total, all coded as sales of call options. These derivative entries collectively account for 550,000 shares of underlying CoreWeave Class A stock, producing a net-sell direction in the transaction summary.

Do Magnetar and David J. Snyderman claim full beneficial ownership of these CoreWeave options?

No. The filing states that each Magnetar fund, Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman disclaim beneficial ownership of the CoreWeave common stock, except to the extent of its or his pecuniary interest in those securities.