CRWV insider 10b5-1 sales: 301,509 Class A shares disclosed
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. (CRWV) reporting person Brian M. Venturo, Chief Strategy Officer and director, executed multiple transactions on 10/01/2025 under a Rule 10b5-1 plan adopted May 21, 2025. The Form 4 shows a conversion of 281,250 Class B shares into Class A and multiple sales of Class A shares totaling 301,509 shares across affiliated entities and trusts at weighted average prices ranging approximately from $132.68 to $137.13 per share. Post-transactions, reported beneficial holdings remain with various entities including West Clay Capital LLC, family trusts, and spousal/household accounts, with specific indirect holdings disclosed in the filing.
Positive
- Sales executed under a Rule 10b5-1 plan, indicating pre-planned transactions (adopted May 21, 2025)
- Detailed disclosure of indirect holdings through West Clay Capital LLC, family trusts, and household accounts, improving transparency
Negative
- Total sales of 301,509 Class A shares on 10/01/2025, a substantial insider disposition
- One West Clay Capital LLC position reduced to 0 shares after reported sales, indicating a full disposition of that direct holding
Insights
Insider executed structured, pre-planned sales while maintaining substantial indirect holdings.
The filing confirms the sales were made under a 10b5-1 trading plan adopted on May 21, 2025, which provides an affirmative defense for pre-set transactions. The report also details continued indirect ownership through West Clay Capital LLC and multiple family trusts, preserving ongoing economic exposure.
This matters because the filing separates the mechanics of liquidity (pre-planned sales) from ownership retention (indirect holdings), both of which are material to governance and control analysis.
Large-volume sales of 301,509 Class A shares occurred at weighted average prices ~$132.68–$137.13.
The Form 4 lists multiple discrete sale blocks with weighted-average prices reported in footnotes; several transactions reduced specific indirect holdings to 0 for one West Clay Capital position and shifted remaining shares among trusts and household accounts. The explicit prices and volumes allow investors to calculate realized proceeds and potential market impact for that day.
Insider Trade Summary
Net Seller: 310,480 shares ($42,122,663)
Net Sell
24 txns
Insider
Venturo Brian M
Role
Chief Strategy Officer
Sold
310,480 shs ($42.12M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 281,250 | $0.00 | -- |
| Conversion | Class A Common Stock | 281,250 | $0.00 | -- |
| Sale | Class A Common Stock | 9,388 | $133.3418 | $1.25M |
| Sale | Class A Common Stock | 43,509 | $134.2647 | $5.84M |
| Sale | Class A Common Stock | 61,919 | $135.1584 | $8.37M |
| Sale | Class A Common Stock | 106,422 | $136.0192 | $14.48M |
| Sale | Class A Common Stock | 60,012 | $136.9612 | $8.22M |
| Sale | Class A Common Stock | 600 | $133.1967 | $80K |
| Sale | Class A Common Stock | 2,708 | $134.315 | $364K |
| Sale | Class A Common Stock | 4,600 | $135.4846 | $623K |
| Sale | Class A Common Stock | 4,797 | $136.3051 | $654K |
| Sale | Class A Common Stock | 1,910 | $137.0562 | $262K |
| Sale | Class A Common Stock | 500 | $133.362 | $67K |
| Sale | Class A Common Stock | 2,500 | $134.3308 | $336K |
| Sale | Class A Common Stock | 5,888 | $135.5526 | $798K |
| Sale | Class A Common Stock | 4,289 | $136.4526 | $585K |
| Sale | Class A Common Stock | 1,438 | $137.0735 | $197K |
| holding | Class B Common Stock | -- | -- | -- |
| 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 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 5,712,000 shares (Indirect, West Clay Capital LLC);
Class A Common Stock — 281,250 shares (Indirect, West Clay Capital LLC);
Class B Common Stock — 14,593,347 shares (Direct);
Class A Common Stock — 301,509 shares (Direct)
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 May 21, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.68 to $133.67, 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 footnote and in footnotes 5 through 9, 11 through 15, and 17 through 20. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.69 to $134.68, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.69 to $135.68, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.69 to $136.68, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.69 to $137.54, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.76 to $133.66, inclusive. 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.89 to $134.87, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.93 to $135.90, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.93 to $136.89, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.98 to $137.18, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.92 to $133.91, inclusive. 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.94 to $134.89, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.00 to $135.99, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.02 to $137.01, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $137.02 to $137.13, 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 (the "Exchange Act"), except to the extent of his pecuniary interest, if any. The reported securities are directly held by the reporting person's spouse. The reported securities are directly held by the Venturo Family 2024 Friends and Family GRAT (the "2024 GRAT"), of which the reporting person is the sole trustee and beneficiary. 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 his spouse and minor children are beneficiaries. The reported securities are directly held by the 2023 Venturo Family GRAT dated June 30, 2023 (the "2023 GRAT"), of which the reporting person is the sole trustee and beneficiary.
FAQ
What did CoreWeave insider Brian M. Venturo do on 10/01/2025 (CRWV)?
The Form 4 shows Mr. Venturo converted 281,250 Class B shares into Class A and sold a total of 301,509 Class A shares under a Rule 10b5-1 plan.
Were the sales pre-planned or discretionary for CRWV?
The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on May 21, 2025.
How can investors verify the transaction details?
The Form 4 provides footnotes with weighted-average price ranges and indicates the reporting person will provide detailed price-per-tranche information upon request.