CoreWeave insider reports 2,000,000-share charitable gift on Form 4
Rhea-AI Filing Summary
CoreWeave, Inc. (CRWV) director reported a charitable gift of 2,000,000 shares of Class A common stock on 11/13/2025. The shares were transferred from Pine Tree Trust LLC for no consideration and the transaction is described as exempt from the short-swing profit rule under Rule 16b-5 of the Exchange Act.
The filing explains that these 2,000,000 shares had previously been moved from CW Holding 987 LLC to Pine Tree in a transaction exempt from reporting under Rule 16a-13. After the gift, the director continues to report significant indirect ownership, including 10,329,676 shares held by CW Holding 987 LLC, 1,200,000 shares held by the Cogen Family Trust dated December 17, 2012, and multiple six-figure positions held through various family trusts and LLCs linked to the reporting person and spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 2,000,000 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The reported transaction represents charitable gifts, for no consideration, of shares of the Issuer's Class A Common Stock, which are exempt from the short-swing profit rule of Section 16 of the Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16b-5. For clarity, the reporting person previously effected the indirect transfer of 2,000,000 shares of the Issuer's Class A Common Stock from CW Holding (defined below) to Pine Tree (defined below) in a transaction exempt from reporting under Section 16 of the Exchange Act, pursuant to Rule 16a-13 under the Exchange Act. For avoidance of doubt, the totals reported in Column 5 of Table I reflect ownership after such capital contribution and the gift described in footnote 1. The reported securities were directly held by Pine Tree Trust LLC ("Pine Tree"), of which the reporting person serves as manager. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act over securities held by the entity, except to the extent of his pecuniary interest therein, if any The reported securities are directly held by the reporting person's spouse. The reported securities are directly held by the Cherry Tree 2024 GRAT, of which the reporting person is trustee and his spouse is beneficiary. The reported securities are directly held by the Cogen Family Trust, dated December 17, 2012, of which the reporting person's spouse serves as co-trustee and of which his spouse and daughter are beneficiaries. The reported securities are directly held by CW Holding 987 LLC ("CW Holding"), of which the reporting person serves as manager. The reported securities are directly held by the Jack D. Cogen 2020 Family Trust (the "2020 Trust"), an irrevocable trust with a third-party trustee. The reporting person's spouse and daughter are beneficiaries of the 2020 Trust and the reporting person has the power to remove and replace the trustee. The reported securities are directly held by the Birch Br Trust LLC, of which the reporting person is the manager. The reported securities are directly held by the Chestnut Br Trust LLC, of which the reporting person is the manager. The reported securities are directly held by the Maple Br Trust LLC, of which the reporting person is the manager. The reported securities are directly held by the Willow Br Trust LLC, of which the reporting person is the manager. The reported securities are directly held by the Birch Tree Trust LLC, of which the reporting person is the manager. The reported securities are directly held by the Chestnut Tree Trust LLC, of which the reporting person is the manager. The reported securities are directly held by the Maple Tree Trust LLC, of which the reporting person is the manager. The reported securities are directly held by the Willow Tree Trust LLC, of which the reporting person is the manager.
FAQ
What did the CoreWeave (CRWV) director report in this Form 4 filing?
The Form 4 reports that a CoreWeave, Inc. (CRWV) director made a charitable gift of 2,000,000 shares of the company’s Class A common stock on 11/13/2025, with no consideration received.
What indirect CoreWeave (CRWV) holdings does the director report after the transaction?
After the reported gift, the director continues to report indirect ownership of CoreWeave Class A common stock, including 10,329,676 shares held by CW Holding 987 LLC, 1,200,000 shares held by the Cogen Family Trust dated December 17, 2012, and additional holdings through multiple family trusts and LLCs such as Birch Tree Trust LLC, Chestnut Tree Trust LLC, Maple Tree Trust LLC, and Willow Tree Trust LLC.
What is the director’s relationship to CoreWeave (CRWV) and how is ownership reported?
The individual is identified as a director of CoreWeave, Inc. The Form 4 shows both direct and primarily indirect ownership through entities including Pine Tree Trust LLC, the director’s spouse, grantor retained annuity trusts, and several family trusts and LLCs, with the director often serving as manager, trustee, or having specified powers.
What does it mean that the director disclaims beneficial ownership of some CoreWeave (CRWV) securities?
The footnotes state that the director disclaims beneficial ownership for purposes of Section 16 of the Exchange Act over securities held by certain entities, except to the extent of any pecuniary interest. This clarifies that some reported indirect holdings are attributed based on control or relationships, not necessarily full economic ownership.