375K CoreWeave (CRWV) shares sold as trusts convert stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. director and Chief Strategy Officer Brian M. Venturo reported a series of indirect transactions mainly involving family trusts and an LLC. Entities associated with him sold 375,000 shares of Class A Common Stock in open-market trades at weighted average prices around the low-to-high $120s to $120s–$130s per share.
The filing shows these sales were effected under a Rule 10b5-1 trading plan adopted on November 13, 2025, indicating they were pre‑scheduled. Related entities also converted 75,000 and 300,000 shares through derivative conversions, while significant Class B positions remain outstanding that are convertible into Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 375,000 shares ($47,541,261)
Net Sell
28 txns
Insider
Venturo Brian M
Role
Chief Strategy Officer
Sold
375,000 shs ($47.54M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 300,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 75,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 300,000 | $0.00 | -- |
| Sale | Class A Common Stock | 2,480 | $121.7548 | $302K |
| Sale | Class A Common Stock | 2,960 | $122.9531 | $364K |
| Sale | Class A Common Stock | 8,117 | $124.2794 | $1.01M |
| Sale | Class A Common Stock | 64,681 | $125.4189 | $8.11M |
| Sale | Class A Common Stock | 46,666 | $126.2899 | $5.89M |
| Sale | Class A Common Stock | 119,338 | $127.3378 | $15.20M |
| Sale | Class A Common Stock | 49,687 | $128.235 | $6.37M |
| Sale | Class A Common Stock | 6,071 | $129.2747 | $785K |
| Conversion | Class A Common Stock | 75,000 | $0.00 | -- |
| Sale | Class A Common Stock | 620 | $121.7548 | $75K |
| Sale | Class A Common Stock | 740 | $122.953 | $91K |
| Sale | Class A Common Stock | 2,030 | $124.2795 | $252K |
| Sale | Class A Common Stock | 16,170 | $125.4189 | $2.03M |
| Sale | Class A Common Stock | 11,666 | $126.2899 | $1.47M |
| Sale | Class A Common Stock | 29,835 | $127.3378 | $3.80M |
| Sale | Class A Common Stock | 12,422 | $128.235 | $1.59M |
| Sale | Class A Common Stock | 1,517 | $129.2748 | $196K |
| 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 — 6,144,386 shares (Indirect, West Clay Capital LLC);
Class A Common Stock — 300,000 shares (Indirect, West Clay Capital LLC);
Class B Common Stock — 5,343,347 shares (Direct, null);
Class A Common Stock — 223,580 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 $121.57 to $122.54, 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 $122.58 to $123.32, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.79 to $124.72, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.83 to $125.82, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.83 to $126.82, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.83 to $127.82, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.83 to $128.82, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.83 to $129.70, 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 his spouse 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 $121.57 to $122.54, 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 the 2023 Venturo Family GRAT dated June 30, 2023, of which the reporting person is the sole trustee and beneficiary. 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.
Key Figures
Shares sold: 375,000 shares
Conversion into Class A (trust): 75,000 shares
Conversion into Class A (LLC): 300,000 shares
+5 more
8 metrics
Shares sold
375,000 shares
Total Class A Common Stock sold in open-market transactions
Conversion into Class A (trust)
75,000 shares
Class A shares acquired via derivative conversion by Venturo Family GST Exempt Trust
Conversion into Class A (LLC)
300,000 shares
Class A shares acquired via derivative conversion by West Clay Capital LLC
Example sale price
$129.2748 per share
One reported weighted average price for Class A sale
Indirect Class B position (spouse)
2,001,900 underlying shares
Class B Common Stock indirectly held by spouse, convertible to Class A
Indirect Class B position (GRAT)
5,402,057 underlying shares
Class B Common Stock in 2023 Venturo Family GRAT, convertible to Class A
Direct Class B position
5,343,347 underlying shares
Class B Common Stock directly held, convertible to Class A
Direct Class A holding
223,580 shares
Class A Common Stock directly held following reported transactions
Key Terms
Rule 10b5-1 trading plan, weighted average price, grantor retained annuity trust, pecuniary interest, +2 more
6 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025."
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.
grantor retained annuity trust financial
"The reported securities are directly held by the 2023 Venturo Family GRAT dated June 30, 2023, of which the reporting person is the sole trustee and beneficiary."
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.
pecuniary interest financial
"The reporting person disclaims beneficial ownership of such securities ... except to the extent of his pecuniary interest, if any."
Section 16 of the Securities Exchange Act of 1934 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest, if any."
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
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 at any time, at the election of the holder..."
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.
FAQ
What insider activity did CoreWeave (CRWV) report for Brian Venturo?
CoreWeave reported that entities associated with Brian M. Venturo executed indirect transactions in Class A Common Stock, including open-market sales and derivative conversions. The activity involves family trusts and an LLC, rather than direct personal trades in his own name.
Were the CoreWeave (CRWV) insider sales made under a Rule 10b5-1 plan?
Yes. A footnote states the reported sale transactions were effected under a Rule 10b5-1 trading plan adopted on November 13, 2025. Such plans pre-schedule trades, reducing the significance of short‑term market timing for these dispositions.
What derivative conversions were reported in the CoreWeave (CRWV) Form 4?
The filing shows derivative conversions labeled with code C, in which associated entities acquired 75,000 and 300,000 shares of Class A Common Stock at a conversion price of $0.00 per share, reflecting the conversion of Class B Common Stock into Class A.
How are trusts and LLCs involved in the CoreWeave (CRWV) insider holdings?
Several positions are held through entities such as West Clay Capital LLC and the Venturo Family GST Exempt Trust. Footnotes explain these entities directly hold the securities, with the reporting person serving as managing member, trustee, or having certain powers over those vehicles.
What ongoing CoreWeave (CRWV) derivative positions does Brian Venturo’s filing show?
The derivative summary lists Class B Common Stock positions, each convertible into one share of Class A Common Stock at an exercise price of $0.00. Examples include blocks with 2,001,900 and 5,402,057 underlying Class A shares held indirectly or directly through family entities.