When should investors expect potential share delivery or market impact?

The Settlement Date for potential delivery is 06/19/2026, with the determining Nasdaq closing price on 06/18/2026 affecting delivery amounts.

Magnetar monetizes CRWV holdings via prepaid forwards with $120–$190 price range

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Multiple Magnetar-related entities reported entering variable prepaid forward sale contracts for CoreWeave, Inc. (CRWV) shares on 10/08/2025. Each contract obligates delivery of pledged Class A common stock on 06/19/2026 depending on the Nasdaq settlement price and retains voting and dividend rights for the pledgor during the pledge.

The contracts use a Floor Price $120.00 and a Cap Price $190.00 to determine the number of shares deliverable at settlement. Reported cash payments received from the counterparty range from $29,764.49 to $2,192,727.93 per footnote disclosures. The filings list multiple entities (Magnetar Financial LLC; Magnetar Capital Partners LP; Supernova Management LLC; various Magnetar funds) and include disclaimers of beneficial ownership except for pecuniary interest.

Positive

Upfront liquidity generated via prepaid forward contracts (cash payments listed per footnotes)
Voting and dividend rights retained during the pledge, preserving governance influence
Contracts use defined floor and cap prices ($120 floor, $190 cap) to limit price exposure

Negative

Contingent delivery obligations could increase share supply on 06/19/2026 if settlement conditions require delivery
Pledged shares encumbered, reducing flexibility to sell or otherwise use those shares before settlement
Monetization may signal near-term financing needs for the entities that received cash (implicit, based on structure)

Insights

Magnetar monetized equity while retaining voting and dividend rights; settlement depends on share price on 06/18/2026.

The structure described is a variable prepaid forward: the entity received cash up front and agreed to deliver up to specified Class A shares on the 06/19/2026 settlement date based on a $120 floor and a $190 cap. Voting and dividend rights were preserved during the pledge, which means governance influence is maintained until settlement.

Dependencies include the future Nasdaq settlement price and counterparty performance. Investors can watch the 06/18/2026 closing price to see how many shares will be deliverable and monitor any later Form 4 or Schedule 13D/G updates for changes in ownership disclosure.

The transactions are financing/monetization moves that create contingent share delivery obligations rather than immediate sales.

Each contract ties cash proceeds to future share delivery determined by a price-based formula; the filings show upfront cash receipts per entity (examples: $482,601.67, $2,192,727.93, $97,632.16). These are not immediate public-market sales but create potential dilution or supply pressure at settlement if shares are delivered.

Risks include the potential for increased share supply on or after 06/19/2026 if settlement triggers delivery and counterparty settlement mechanics. Monitor subsequent disclosure around the number of shares actually delivered and any amendments to the contracts before the settlement date.

Insider Trade Summary

12 transactions reported

Mixed 12 txns

Insider Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, Snyderman David J.

Role 10% Owner | 10% Owner | 10% Owner | 10% Owner

Type	Security	Shares	Price	Value
Other	Forward sale contract (obligation to sell)	4,167	$0.00	--
Other	Forward sale contract (obligation to sell)	18,933	$0.00	--
Other	Forward sale contract (obligation to sell)	2,482	$0.00	--
Other	Forward sale contract (obligation to sell)	257	$0.00	--
Other	Forward sale contract (obligation to sell)	5,533	$0.00	--
Other	Forward sale contract (obligation to sell)	7,597	$0.00	--
Other	Forward sale contract (obligation to sell)	9,522	$0.00	--
Other	Forward sale contract (obligation to sell)	2,152	$0.00	--
Other	Forward sale contract (obligation to sell)	8,100	$0.00	--
Other	Forward sale contract (obligation to sell)	4,992	$0.00	--
Other	Forward sale contract (obligation to sell)	4,022	$0.00	--
Other	Forward sale contract (obligation to sell)	843	$0.00	--

Holdings After Transaction: Forward sale contract (obligation to sell) — 4,167 shares (Indirect, Footnotes)

Footnotes (1)

The entity holding the indicated number of shares of Class A common stock (the "Common Stock") of CoreWeave Inc. (the "Issuer") entered into a variable pre-paid forward sale contract with a third party counterparty. The contract obligates the entity to deliver to the counterparty up to the indicated number of shares on June 19, 2026 (the "Settlement Date"). The entity pledged the indicated number of shares, as reported in Column 5 (the "Pledged Shares"), to the counterparty to secure its obligations under the contract and retained voting and dividend rights in the Pledged Securities during the term of the pledge. The number of shares deliverable to the counterparty on the Settlement Date is to be determined as follows: (a) if the price at the Nasdaq closing time on June 18, 2026 (the "Settlement Price") is less than or equal to $120.00 (the "Floor Price"), the entity will deliver all Pledged Shares; (b) if the Settlement Price is between the Floor Price and $190.00 (the "Cap Price"), the entity will deliver a number of shares having a value (based on the Settlement Price) equal to the number of Pledged Shares multiplied by the Floor Price; and (c) if the Settlement Price is greater than the Cap Price, the entity will deliver a number of shares having a value (based on the Settlement Price) equal to the number of Pledged Shares multiplied by the sum of the Settlement Price and the difference between Cap Price and the Floor Price. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of CW Opportunity LLC, CW Opportunity 2 LP, Magnetar Capital Master Fund, Ltd, Magnetar Constellation Master Fund, Ltd, Magnetar Longhorn Fund LP, Magnetar SC Fund Ltd, 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 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 SC Fund Ltd. These securities are held directly by Magnetar Structured Credit Fund, LP. 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. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $482,601.67 on or about the date of entry into the contract. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $2,192,727.93 on or about the date of entry into the contract. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $287,453.17 on or about the date of entry into the contract. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $29,764.49 on or about the date of entry into the contract. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $640,805.12 on or about the date of entry into the contract. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $879,847.57 on or about the date of entry into the contract. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $1,102,791.71 on or about the date of entry into the contract. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $249,234.17 on or about the date of entry into the contract. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $938,102.59 on or about the date of entry into the contract. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $578,149.15 on or about the date of entry into the contract. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $465,808.47 on or about the date of entry into the contract. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $97,632.16 on or about the date of entry into the contract.

Form 4 Insider Transactions: What Each Field Means →

10/10/2025 - 09:34 PM

SEC Form 4

FORM 4

UNITED 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

60201

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
CoreWeave, Inc. [ CRWV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Forward sale contract (obligation to sell)	⁽¹⁾⁽²⁾⁽¹⁸⁾	10/08/2025		J/K		4,167		⁽¹⁾⁽²⁾⁽¹⁸⁾	⁽¹⁾⁽²⁾⁽¹⁸⁾	Class A Common Stock	4,167	⁽¹⁾⁽²⁾⁽¹⁸⁾	4,167	I	Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽⁶⁾
Forward sale contract (obligation to sell)	⁽¹⁾⁽²⁾⁽¹⁹⁾	10/08/2025		J/K		18,933		⁽¹⁾⁽²⁾⁽¹⁹⁾	⁽¹⁾⁽²⁾⁽¹⁹⁾	Class A Common Stock	18,933	⁽¹⁾⁽²⁾⁽¹⁹⁾	18,933	I	Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽⁷⁾
Forward sale contract (obligation to sell)	⁽¹⁾⁽²⁾⁽²⁰⁾	10/08/2025		J/K		2,482		⁽¹⁾⁽²⁾⁽²⁰⁾	⁽¹⁾⁽²⁾⁽²⁰⁾	Class A Common Stock	2,482	⁽¹⁾⁽²⁾⁽²⁰⁾	2,482	I	Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽⁸⁾
Forward sale contract (obligation to sell)	⁽¹⁾⁽²⁾⁽²¹⁾	10/08/2025		J/K		257		⁽¹⁾⁽²⁾⁽²¹⁾	⁽¹⁾⁽²⁾⁽²¹⁾	Class A Common Stock	257	⁽¹⁾⁽²⁾⁽²¹⁾	257	I	Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽⁹⁾
Forward sale contract (obligation to sell)	⁽¹⁾⁽²⁾⁽²²⁾	10/08/2025		J/K		5,533		⁽¹⁾⁽²⁾⁽²²⁾	⁽¹⁾⁽²⁾⁽²²⁾	Class A Common Stock	5,533	⁽¹⁾⁽²⁾⁽²²⁾	5,533	I	Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽¹⁰⁾
Forward sale contract (obligation to sell)	⁽¹⁾⁽²⁾⁽²³⁾	10/08/2025		J/K		7,597		⁽¹⁾⁽²⁾⁽²³⁾	⁽¹⁾⁽²⁾⁽²³⁾	Class A Common Stock	7,597	⁽¹⁾⁽²⁾⁽²³⁾	7,597	I	Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽¹¹⁾
Forward sale contract (obligation to sell)	⁽¹⁾⁽²⁾⁽²⁴⁾	10/08/2025		J/K		9,522		⁽¹⁾⁽²⁾⁽²⁴⁾	⁽¹⁾⁽²⁾⁽²⁴⁾	Class A Common Stock	9,522	⁽¹⁾⁽²⁾⁽²⁴⁾	9,522	I	Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽¹²⁾
Forward sale contract (obligation to sell)	⁽¹⁾⁽²⁾⁽²⁵⁾	10/08/2025		J/K		2,152		⁽¹⁾⁽²⁾⁽²⁵⁾	⁽¹⁾⁽²⁾⁽²⁵⁾	Class A Common Stock	2,152	⁽¹⁾⁽²⁾⁽²⁵⁾	2,152	I	Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽¹³⁾
Forward sale contract (obligation to sell)	⁽¹⁾⁽²⁾⁽²⁶⁾	10/08/2025		J/K		8,100		⁽¹⁾⁽²⁾⁽²⁶⁾	⁽¹⁾⁽²⁾⁽²⁶⁾	Class A Common Stock	8,100	⁽¹⁾⁽²⁾⁽²⁶⁾	8,100	I	Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽¹⁴⁾
Forward sale contract (obligation to sell)	⁽¹⁾⁽²⁾⁽²⁷⁾	10/08/2025		J/K		4,992		⁽¹⁾⁽²⁾⁽²⁷⁾	⁽¹⁾⁽²⁾⁽²⁷⁾	Class A Common Stock	4,992	⁽¹⁾⁽²⁾⁽²⁷⁾	4,992	I	Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽¹⁵⁾
Forward sale contract (obligation to sell)	⁽¹⁾⁽²⁾⁽²⁸⁾	10/08/2025		J/K		4,022		⁽¹⁾⁽²⁾⁽²⁸⁾	⁽¹⁾⁽²⁾⁽²⁸⁾	Class A Common Stock	4,022	⁽¹⁾⁽²⁾⁽²⁸⁾	4,022	I	Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽¹⁶⁾
Forward sale contract (obligation to sell)	⁽¹⁾⁽²⁾⁽²⁹⁾	10/08/2025		J/K		843		⁽¹⁾⁽²⁾⁽²⁹⁾	⁽¹⁾⁽²⁾⁽²⁹⁾	Class A Common Stock	843	⁽¹⁾⁽²⁾⁽²⁹⁾	843	I	Footnotes⁽³⁾⁽⁴⁾⁽⁵⁾⁽¹⁷⁾

1. Name and Address of Reporting Person^*

Magnetar Financial LLC

(Last)

(First)

(Middle)

1603 ORRINGTON AVENUE

13TH FLOOR

(Street)

EVANSTON

60201

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% 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

60201

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% 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

60201

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% 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

60201

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. The entity holding the indicated number of shares of Class A common stock (the "Common Stock") of CoreWeave Inc. (the "Issuer") entered into a variable pre-paid forward sale contract with a third party counterparty. The contract obligates the entity to deliver to the counterparty up to the indicated number of shares on June 19, 2026 (the "Settlement Date"). The entity pledged the indicated number of shares, as reported in Column 5 (the "Pledged Shares"), to the counterparty to secure its obligations under the contract and retained voting and dividend rights in the Pledged Securities during the term of the pledge.

2. The number of shares deliverable to the counterparty on the Settlement Date is to be determined as follows: (a) if the price at the Nasdaq closing time on June 18, 2026 (the "Settlement Price") is less than or equal to $120.00 (the "Floor Price"), the entity will deliver all Pledged Shares; (b) if the Settlement Price is between the Floor Price and $190.00 (the "Cap Price"), the entity will deliver a number of shares having a value (based on the Settlement Price) equal to the number of Pledged Shares multiplied by the Floor Price; and (c) if the Settlement Price is greater than the Cap Price, the entity will deliver a number of shares having a value (based on the Settlement Price) equal to the number of Pledged Shares multiplied by the sum of the Settlement Price and the difference between Cap Price and the Floor Price.

3. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of CW Opportunity LLC, CW Opportunity 2 LP, Magnetar Capital Master Fund, Ltd, Magnetar Constellation Master Fund, Ltd, Magnetar Longhorn Fund LP, Magnetar SC Fund Ltd, 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 and the manager of Magnetar Alpha Star Fund LLC and Magnetar Lake Credit Fund LLC (collectively, the "Magnetar Funds").

4. 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.

5. 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.

6. These securities are held directly by CW Opportunity 2 LP.

7. These securities are held directly by CW Opportunity LLC.

8. These securities are held directly by Magnetar Alpha Star Fund LLC.

9. These securities are held directly by Magnetar Capital Master Fund, Ltd.

10. These securities are held directly by Magnetar Constellation Master Fund, Ltd.

11. These securities are held directly by Magnetar Lake Credit Fund LLC.

12. These securities are held directly by Magnetar Longhorn Fund LP.

13. These securities are held directly by Magnetar SC Fund Ltd.

14. These securities are held directly by Magnetar Structured Credit Fund, LP.

15. These securities are held directly by Magnetar Xing He Master Fund Ltd.

16. These securities are held directly by Purpose Alternative Credit Fund - F LLC.

17. These securities are held directly by Purpose Alternative Credit Fund - T LLC.

18. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $482,601.67 on or about the date of entry into the contract.

19. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $2,192,727.93 on or about the date of entry into the contract.

20. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $287,453.17 on or about the date of entry into the contract.

21. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $29,764.49 on or about the date of entry into the contract.

22. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $640,805.12 on or about the date of entry into the contract.

23. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $879,847.57 on or about the date of entry into the contract.

24. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $1,102,791.71 on or about the date of entry into the contract.

25. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $249,234.17 on or about the date of entry into the contract.

26. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $938,102.59 on or about the date of entry into the contract.

27. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $578,149.15 on or about the date of entry into the contract.

28. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $465,808.47 on or about the date of entry into the contract.

29. In exchange for assuming the obligation referenced in footnotes 1 and 2, the entity received a cash payment from the counterparty in an aggregate amount of $97,632.16 on or about the date of entry into the contract.

	/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as 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 LLC	10/10/2025
	/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Manager of Supernova Management LLC, which is the General Partner of Magnetar Capital Partners LP	10/10/2025
	/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Manager of Supernova Management LLC	10/10/2025
	/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman	10/10/2025
	** Signature of Reporting Person	Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Magnetar report on Form 4 for CoreWeave (CRWV)?

Magnetar-related entities reported entering variable prepaid forward sale contracts on 10/08/2025 that obligate delivery of pledged Class A shares on 06/19/2026 depending on the Nasdaq settlement price.

How is the number of shares to be delivered determined?

Delivery is price-based: if the settlement price ≤ $120.00, all pledged shares are delivered; between $120 and $190 a value-based formula applies; above $190 a different value calculation applies as described in the filing.

Did the reporting parties receive cash for these contracts?

Yes; the filings disclose upfront cash payments from the counterparty, with amounts shown per footnotes ranging from $29,764.49 to $2,192,727.93.

Do the reporting parties still hold voting and dividend rights?

Yes; the filing states the entities pledged the shares to secure obligations but retained voting and dividend rights during the pledge term.

Magnetar monetizes CRWV holdings via prepaid forwards with $120–$190 price range

Rhea-AI Filing Summary

Positive

Negative

Insights

Institutional Investor Relations positive

Securities/Capital-Structure Analyst positive

Insider Trade Summary

FAQ

What did Magnetar report on Form 4 for CoreWeave (CRWV)?

How is the number of shares to be delivered determined?

Did the reporting parties receive cash for these contracts?

Do the reporting parties still hold voting and dividend rights?

When should investors expect potential share delivery or market impact?