CoreWeave (CRWV) CDO converts Class B and sells 287,500 Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc.’s Chief Development Officer Brannin McBee reported a series of pre-planned insider trades in Class A Common Stock on 2026-04-20. Entities associated with McBee, including a 2022 irrevocable trust and his spouse, sold a net 287,500 shares of Class A stock through open-market transactions executed under a Rule 10b5-1 trading plan.
The filing also shows 287,500 shares of Class A created by converting an equal number of Class B Common Stock shares, then sold in these transactions. After the trades, McBee directly holds 513,732 shares of Class A Common Stock and continues to hold substantial Class B Common Stock indirectly through the trust and his spouse, as well as directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 287,500 shares ($33,330,983)
Net Sell
30 txns
Insider
McBee Brannin
Role
Chief Development Officer
Sold
287,500 shs ($33.33M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 200,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 33,330 | $0.00 | -- |
| Conversion | Class B Common Stock | 54,170 | $0.00 | -- |
| Conversion | Class A Common Stock | 200,000 | $0.00 | -- |
| Sale | Class A Common Stock | 4,700 | $111.2838 | $523K |
| Sale | Class A Common Stock | 8,800 | $112.4128 | $989K |
| Sale | Class A Common Stock | 22,399 | $113.5128 | $2.54M |
| Sale | Class A Common Stock | 23,801 | $114.2623 | $2.72M |
| Sale | Class A Common Stock | 12,100 | $115.4025 | $1.40M |
| Sale | Class A Common Stock | 35,237 | $116.5913 | $4.11M |
| Sale | Class A Common Stock | 92,063 | $117.323 | $10.80M |
| Sale | Class A Common Stock | 900 | $117.99 | $106K |
| Conversion | Class A Common Stock | 33,330 | $0.00 | -- |
| Sale | Class A Common Stock | 750 | $111.2893 | $83K |
| Sale | Class A Common Stock | 1,375 | $112.4109 | $155K |
| Sale | Class A Common Stock | 3,524 | $113.4597 | $400K |
| Sale | Class A Common Stock | 4,200 | $114.2283 | $480K |
| Sale | Class A Common Stock | 1,750 | $115.2764 | $202K |
| Sale | Class A Common Stock | 4,926 | $116.4638 | $574K |
| Sale | Class A Common Stock | 15,845 | $117.2598 | $1.86M |
| Sale | Class A Common Stock | 960 | $117.8967 | $113K |
| Conversion | Class A Common Stock | 54,170 | $0.00 | -- |
| Sale | Class A Common Stock | 1,218 | $111.2891 | $136K |
| Sale | Class A Common Stock | 2,235 | $112.4107 | $251K |
| Sale | Class A Common Stock | 5,729 | $113.4598 | $650K |
| Sale | Class A Common Stock | 6,826 | $114.2283 | $780K |
| Sale | Class A Common Stock | 2,844 | $115.2765 | $328K |
| Sale | Class A Common Stock | 8,006 | $116.4638 | $932K |
| Sale | Class A Common Stock | 25,752 | $117.2598 | $3.02M |
| Sale | Class A Common Stock | 1,560 | $117.8968 | $184K |
Holdings After Transaction:
Class B Common Stock — 7,191,660 shares (Direct, null);
Class B Common Stock — 2,113,650 shares (Indirect, By Spouse);
Class A Common Stock — 513,732 shares (Direct, null);
Class A Common Stock — 33,330 shares (Indirect, By Spouse)
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 transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.82 to $111.81, 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 $111.86 to $112.84, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.90 to $113.89, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.90 to $114.89, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.95 to $115.94, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.95 to $116.94, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.95 to $117.94, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.96 to $118.02, inclusive. The reported securities are directly held by the reporting person's spouse. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.83 to $111.82, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.83 to $112.82, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.83 to $113.82, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.83 to $114.82, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.83 to $115.82, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.83 to $116.82, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.83 to $117.81, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.83 to $118.01, inclusive. The reported securities are directly held by the Brannin J. McBee 2022 Irrevocable Trust, of which the reporting person's spouse and minor child are beneficiaries and for which the reporting person's spouse serves as trustee.
Key Figures
Net shares sold: 287,500 shares
Shares converted: 287,500 shares
Direct Class A holding: 513,732 shares
+4 more
7 metrics
Net shares sold
287,500 shares
Net open-market sales of Class A Common Stock on 2026-04-20
Shares converted
287,500 shares
Class B Common Stock converted into Class A on 2026-04-20
Direct Class A holding
513,732 shares
Class A Common Stock directly held by McBee after transactions
Trust Class B holding
3,695,170 shares
Class B Common Stock held by 2022 Irrevocable Trust after conversion
Spouse Class B holding
2,113,650 shares
Class B Common Stock held by spouse after conversion
Direct Class B holding
7,191,660 shares
Class B Common Stock directly held by McBee after conversion
Sale price range (example)
$110.82–$111.81
One weighted-average price range disclosed for sale batches
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B Common Stock, derivative conversion, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan"
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.
derivative conversion financial
"transaction_action": "derivative conversion""
Amended and Restated Certificate of Incorporation regulatory
"events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation"
A company’s amended and restated certificate of incorporation is an updated version of its foundational legal charter that replaces the older document and folds in all changes into one clear copy; it spells out corporate structure, classes of stock, shareholder rights and key governance rules. Investors care because it can change who controls the company, how votes are counted, what claims shareholders have on assets or dividends, and can introduce or remove protections against takeovers—like updating a house title after a major renovation to show who owns what and under what rules.
FAQ
What insider transactions did CoreWeave (CRWV) report for Brannin McBee?
CoreWeave reported that entities associated with Chief Development Officer Brannin McBee executed open-market sales totaling 287,500 Class A shares on 2026-04-20. These sales followed conversions of an equal number of Class B shares into Class A Common Stock disclosed in the same filing.
Were Brannin McBee’s CoreWeave (CRWV) stock sales pre-planned?
Yes. A footnote states the reported transaction was effected under a Rule 10b5-1 trading plan adopted on November 17, 2025. Such plans pre-schedule trades, indicating the timing of these sales was established in advance rather than decided opportunistically.
What prices were involved in Brannin McBee’s CoreWeave (CRWV) stock sales?
The filing reports weighted average prices for multiple sale batches, with transaction prices generally around $110–$118 per share. Footnotes explain that each reported price reflects many trades within specified intraday ranges and that detailed trade-level prices are available on request.
Which entities are involved in Brannin McBee’s CoreWeave (CRWV) holdings?
Holdings are reported as directly owned by Brannin McBee and indirectly through the Brannin J. McBee 2022 Irrevocable Trust and by his spouse. The trust benefits his spouse and minor child, with his spouse serving as trustee, as described in a Form 4 footnote.