Family trusts for CoreWeave (CRWV) executive log share sales and conversions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. insider reporting shows multiple entities associated with Chief Development Officer Brannin McBee trading Class A Common Stock on June 8, 2026. Family and grantor retained annuity trusts, including Canis Minor 2025 GRAT and Canis Major 2025 GRAT, reported open-market sales totaling 55,500 shares of Class A at prices around $100 per share. The filing also records derivative conversions labeled as code C, with the same total of 55,500 shares moving from Class B into Class A Common Stock through related trusts. A footnote states that at least one sale was effected under a Rule 10b5-1 trading plan adopted on March 5, 2026, indicating those trades were pre-scheduled rather than discretionary.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 55,500 shares ($5,652,017)
Net Sell
29 txns
Insider
McBee Brannin
Role
Chief Development Officer
Sold
55,500 shs ($5.65M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 3,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 40,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 12,500 | $0.00 | -- |
| Conversion | Class A Common Stock | 3,000 | $0.00 | -- |
| Sale | Class A Common Stock | 337 | $99.1937 | $33K |
| Sale | Class A Common Stock | 288 | $99.9769 | $29K |
| Sale | Class A Common Stock | 174 | $101.2644 | $18K |
| Sale | Class A Common Stock | 1,338 | $102.1518 | $137K |
| Sale | Class A Common Stock | 741 | $103.0026 | $76K |
| Sale | Class A Common Stock | 122 | $103.8282 | $13K |
| Conversion | Class A Common Stock | 40,000 | $0.00 | -- |
| Sale | Class A Common Stock | 4,487 | $99.1937 | $445K |
| Sale | Class A Common Stock | 3,846 | $99.9775 | $385K |
| Sale | Class A Common Stock | 2,321 | $101.2662 | $235K |
| Sale | Class A Common Stock | 17,830 | $102.1519 | $1.82M |
| Sale | Class A Common Stock | 9,889 | $103.0027 | $1.02M |
| Sale | Class A Common Stock | 1,627 | $103.8298 | $169K |
| Conversion | Class A Common Stock | 12,500 | $0.00 | -- |
| Sale | Class A Common Stock | 1,402 | $99.1937 | $139K |
| Sale | Class A Common Stock | 1,202 | $99.9774 | $120K |
| Sale | Class A Common Stock | 726 | $101.2662 | $74K |
| Sale | Class A Common Stock | 5,571 | $102.152 | $569K |
| Sale | Class A Common Stock | 3,091 | $103.0026 | $318K |
| Sale | Class A Common Stock | 508 | $103.8295 | $53K |
| 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 | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 321,000 shares (Indirect, Canis Major 2024 Irrevocable Trust LLC);
Class A Common Stock — 3,000 shares (Indirect, Canis Major 2024 Irrevocable Trust LLC)
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 the Canis Major 2024 Irrevocable Trust LLC of which the reporting person serves as manager. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.60 to $99.59, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.60 to $100.55, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.60 to $101.59, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.60 to $102.59, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.60 to $103.59, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.60 to $104.25, inclusive. The reported securities are directly held by a grantor retained annuity trust, of which the reporting person is the sole trustee and beneficiary. The reported securities are directly held by a grantor retained annuity trust, of which the reporting person's spouse is the sole beneficiary and trustee. The reported securities are directly held of record by the reporting person's child. The reported securities are directly held by the Canis Major 2025 Family Trust LLC, of which the reporting person serves as manager. The reported securities are directly held by the Canis Minor 2025 Family Trust LLC, of which the reporting person serves as manager.
Key Figures
Shares sold: 55,500 shares
Shares converted: 55,500 shares
Sale price example: $103.8295 per share
+3 more
6 metrics
Shares sold
55,500 shares
Total Class A Common Stock sold by related entities on June 8, 2026
Shares converted
55,500 shares
Total Class A shares received via derivative conversions coded C
Sale price example
$103.8295 per share
One reported weighted average price for Class A share sales
Price range (low)
$98.60 per share
Lower end of disclosed sale price range in a footnote
Price range (high)
$104.25 per share
Upper end of disclosed sale price range in a footnote
Derivative position example
1,582,773 underlying shares
Class A shares underlying one Class B derivative holding, indirect
Key Terms
Rule 10b5-1 trading plan, grantor retained annuity trust, Class B Common Stock, derivative conversion, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026."
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.
grantor retained annuity trust financial
"The reported securities are directly held by a grantor retained annuity trust, 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.
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.
derivative conversion financial
"Transactions coded C are described as derivative conversion with Class B Common Stock convertible into Class A Common Stock."
indirect ownership financial
"The reported securities are directly held by family trusts and LLCs, resulting in indirect ownership for the reporting person."
FAQ
What did the CoreWeave (CRWV) Form 4 filing report for Brannin McBee?
The Form 4 shows entities associated with Chief Development Officer Brannin McBee trading CoreWeave Class A shares. Family and annuity trusts reported both stock sales and derivative conversions between Class B and Class A Common Stock on June 8, 2026.
Did the CoreWeave (CRWV) insider trades use a Rule 10b5-1 plan?
A footnote states that at least one reported sale was effected under a Rule 10b5-1 trading plan adopted on March 5, 2026. Such plans pre-schedule trades, meaning the timing of that particular sale was established in advance rather than chosen on the trade date.
What does Class B Common Stock mean in the CoreWeave (CRWV) filing?
Footnotes explain each share of Class B Common Stock is convertible into one share of Class A Common Stock. Conversion can occur at the holder’s election, automatically upon certain transfers, or when specified events or conditions in CoreWeave’s Amended and Restated Certificate of Incorporation are met.