STOCK TITAN

[Form 4] CoreWeave, Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4

Insiders affiliated with Magnetar disclosed multiple sales of CoreWeave Class A common stock on 09/15/2025. The Form 4 shows numerous dispositions by Magnetar Financial LLC and related entities, executed at weighted-average prices reported in three ranges: $119.61–$120.52, $120.65–$120.90, and $119.86–$120.68. The filing lists many individual sell transactions across several Magnetar-managed funds and indicates sizable continuing indirect beneficial ownership of CoreWeave shares held by those funds. The report includes footnotes identifying which fund directly holds each block of shares and states that the reporting parties disclaim beneficial ownership except for pecuniary interest.

Insiders affiliati a Magnetar hanno comunicato multiple vendite di azioni ordinarie class A di CoreWeave il 15/09/2025. Il Form 4 mostra numerose dismissioni da Magnetar Financial LLC e società correlate, eseguite a prezzi ponderati medi riportati in tre intervalli: 119,61–120,52 USD, 120,65–120,90 USD e 119,86–120,68 USD. Il modulo elenca molte singole operazioni di vendita su diversi fondi gestiti da Magnetar e indica una considerevole e continua proprietà indiretta dei titoli CoreWeave detenuta da tali fondi. Il rapporto include note a piè di pagina che identificano quale fondo detenga direttamente ciascun blocco di azioni e afferma che le parti riportanti rinunciano a una proprietà benefica, salvo interessi pecuniari.

Insiders afiliados a Magnetar revelaron múltiples ventas de acciones comunes clase A de CoreWeave el 15/09/2025. El Form 4 muestra numerosas disposiciones por Magnetar Financial LLC y entidades relacionadas, ejecutadas a precios ponderados medios reportados en tres rangos: 119,61–120,52 USD, 120,65–120,90 USD y 119,86–120,68 USD. El archivo lista muchas transacciones de venta individuales a través de varios fondos administrados por Magnetar e indica una significativa y continua propiedad beneficiosa indirecta de las acciones de CoreWeave detenidas por dichos fondos. El informe incluye notas al pie que identifican qué fondo posee directamente cada bloque de acciones y señala que las partes reportadas renuncian a la propiedad beneficiosa salvo interés pecuniario.

Magnetar에 소속된 내부자들이 2025년 9월 15일 CoreWeave Class A 보통주를 다수 매도했습니다. Form 4에는 Magnetar Financial LLC 및 관련 법인이 실행한 다수의 매도가 가중평균가로 세 구간(119.61–120.52, 120.65–120.90, 119.86–120.68 달러)로 보고되어 있습니다. 공시는 Magnetar이 관리하는 여러 펀드에 걸친 다수의 개별 매도 거래를 나열하며, 해당 펀드들이 보유한 CoreWeave 주식에 대해 간접적인 수익상 지분이 지속적으로 존재함을 나타냅니다. 보고서에는 각 주식 블록을 직접 보유한 펀드를 식별하는 각주가 포함되어 있으며, 보고 당사자들은 재정적 이익을 제외하고는 수익적 소유권을 포기한다고 명시합니다.

Des initiés affiliés à Magnetar ont divulgué plusieurs ventes d’actions ordinaires de classe A CoreWeave le 15/09/2025. Le Form 4 montre de nombreuses dispositions effectuées par Magnetar Financial LLC et des entités affiliées, réalisées à des prix moyens pondérés rapportés dans trois fourchettes: 119,61–120,52 USD, 120,65–120,90 USD et 119,86–120,68 USD. Le dépôt répertorie de nombreuses transactions de vente individuelles sur plusieurs fonds gérés par Magnetar et indique une propriété bénéficiaire indirecte importante et continue des actions CoreWeave détenues par ces fonds. Le rapport comprend des notes de bas de page identifiant quel fonds détient directement chaque bloc d’actions et indique que les parties déclarantes renoncent à la propriété bénéficiaire sauf intérêt pécuniaire.

Insideren, die Magnetar zugeordnet sind, haben am 15.09.2025 mehrere Verkäufe von CoreWeave Class A Stammaktien offengelegt. Das Formular 4 zeigt zahlreiche Veräußerungen durch Magnetar Financial LLC und verwandte Einheiten, die zu gewogenen Durchschnittspreisen in drei Spannen ausgeführt wurden: 119,61–120,52 USD, 120,65–120,90 USD und 119,86–120,68 USD. Die Einreichung listet viele einzelne Verkaufsgeschäfte über mehrere von Magnetar verwaltete Fonds auf und weist auf eine beträchtliche indirekte beherrschende Eigentümerschaft der CoreWeave-Aktien hin, die von diesen Fonds gehalten wird. Der Bericht enthält Fußnoten, die identifizieren, welcher Fonds jede Aktienblock direkt hält, und erklärt, dass die meldenden Parteien außer finanziellen Interessen keinen beherrschenden Eigentumsanspruch geltend machen.

كشفت مصادر مطلعة مرتبطة بـ Magnetar عن بيع عدة أسهم عادية من الفئة A لـ CoreWeave في 15/09/2025. يُظهر النموذج 4 العديد من التصرفات من قبل Magnetar Financial LLC والجهات المرتبـطة، وتم تنفيذها بأسعار وزنية متوسطة مذكورة في ثلاث نطاقات: 119.61–120.52 دولار، 120.65–120.90 دولار، و119.86–120.68 دولار. يسرد الإبلاغ العديد من صفقات البيع الفردية عبر عدة صناديق مُدارة بواسطة Magnetar ويدل على وجود ملكية مستفيدة غير مباشرة كبيرة ومستمرة لأسهم CoreWeave التي تملكها تلك الصناديق. يتضمن التقرير هوامش تبيّن أي صندوق يملك كل كتلة من الأسهم بشكل مباشر ويشير إلى أن الأطراف المبلغ عنها تتنازل عن الملكية المفيدة باستثناء المصلحة المالية.

与 Magnetar 相关的内部人士披露了在 2025/09/15 对 CoreWeave 的 Class A 普通股的多笔出售。 Form 4 显示 Magnetar Financial LLC 及相关实体的多笔处置,执行价格按加权平均价分三段报告:119.61–120.52、120.65–120.90、119.86–120.68 美元。该备案列出通过 Magnetar 管理的若干基金进行的众多个人卖出交易,并指出这些基金所持 CoreWeave 股份存在持续的 间接 受益所有权。报告还包含脚注,指明每一笔股票块直接由哪个基金持有,并说明申报方除财务利益外,放弃受益所有权。

Positive
  • Detailed transparency about each block sold with footnotes identifying the specific Magnetar funds that directly held the shares
  • Price ranges and weighted-average prices are disclosed, allowing precise post-trade reconstruction if requested
  • Reporting parties retain substantial indirect ownership through multiple funds, as indicated in the filing
Negative
  • Multiple insider dispositions of Class A common stock were reported, indicating realized insider sales across Magnetar-managed accounts
  • Concentrated selling on a single date may be viewed by some investors as increased insider liquidity or reduced near-term insider conviction

Insights

TL;DR: Magnetar entities executed multiple block sales of CRWV Class A stock at around $120 per share while retaining material indirect stakes.

The filing documents concentrated dispositions by Magnetar-affiliated funds and related managers, with weighted-average prices disclosed and price ranges provided for accuracy. Although the sales reduce direct holdings reported in specific accounts, the reporting persons maintain substantial indirect ownership through multiple funds. For investors, the filing is a clear disclosure of insider liquidity but does not by itself provide information about future trading activity or strategic intent.

TL;DR: Multiple related reporting persons reported coordinated sales; ownership remains routed through a complex fund structure.

The Form 4 includes detailed footnotes mapping each sold block to specific Magnetar funds and explains the organizational relationships among Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman. The disclosures include disclaimers of beneficial ownership except for pecuniary interest, which is standard for fund-managed holdings. This filing improves transparency about which entities directly held the disposed shares but contains no new operational or financial disclosures about the issuer.

Insiders affiliati a Magnetar hanno comunicato multiple vendite di azioni ordinarie class A di CoreWeave il 15/09/2025. Il Form 4 mostra numerose dismissioni da Magnetar Financial LLC e società correlate, eseguite a prezzi ponderati medi riportati in tre intervalli: 119,61–120,52 USD, 120,65–120,90 USD e 119,86–120,68 USD. Il modulo elenca molte singole operazioni di vendita su diversi fondi gestiti da Magnetar e indica una considerevole e continua proprietà indiretta dei titoli CoreWeave detenuta da tali fondi. Il rapporto include note a piè di pagina che identificano quale fondo detenga direttamente ciascun blocco di azioni e afferma che le parti riportanti rinunciano a una proprietà benefica, salvo interessi pecuniari.

Insiders afiliados a Magnetar revelaron múltiples ventas de acciones comunes clase A de CoreWeave el 15/09/2025. El Form 4 muestra numerosas disposiciones por Magnetar Financial LLC y entidades relacionadas, ejecutadas a precios ponderados medios reportados en tres rangos: 119,61–120,52 USD, 120,65–120,90 USD y 119,86–120,68 USD. El archivo lista muchas transacciones de venta individuales a través de varios fondos administrados por Magnetar e indica una significativa y continua propiedad beneficiosa indirecta de las acciones de CoreWeave detenidas por dichos fondos. El informe incluye notas al pie que identifican qué fondo posee directamente cada bloque de acciones y señala que las partes reportadas renuncian a la propiedad beneficiosa salvo interés pecuniario.

Magnetar에 소속된 내부자들이 2025년 9월 15일 CoreWeave Class A 보통주를 다수 매도했습니다. Form 4에는 Magnetar Financial LLC 및 관련 법인이 실행한 다수의 매도가 가중평균가로 세 구간(119.61–120.52, 120.65–120.90, 119.86–120.68 달러)로 보고되어 있습니다. 공시는 Magnetar이 관리하는 여러 펀드에 걸친 다수의 개별 매도 거래를 나열하며, 해당 펀드들이 보유한 CoreWeave 주식에 대해 간접적인 수익상 지분이 지속적으로 존재함을 나타냅니다. 보고서에는 각 주식 블록을 직접 보유한 펀드를 식별하는 각주가 포함되어 있으며, 보고 당사자들은 재정적 이익을 제외하고는 수익적 소유권을 포기한다고 명시합니다.

Des initiés affiliés à Magnetar ont divulgué plusieurs ventes d’actions ordinaires de classe A CoreWeave le 15/09/2025. Le Form 4 montre de nombreuses dispositions effectuées par Magnetar Financial LLC et des entités affiliées, réalisées à des prix moyens pondérés rapportés dans trois fourchettes: 119,61–120,52 USD, 120,65–120,90 USD et 119,86–120,68 USD. Le dépôt répertorie de nombreuses transactions de vente individuelles sur plusieurs fonds gérés par Magnetar et indique une propriété bénéficiaire indirecte importante et continue des actions CoreWeave détenues par ces fonds. Le rapport comprend des notes de bas de page identifiant quel fonds détient directement chaque bloc d’actions et indique que les parties déclarantes renoncent à la propriété bénéficiaire sauf intérêt pécuniaire.

Insideren, die Magnetar zugeordnet sind, haben am 15.09.2025 mehrere Verkäufe von CoreWeave Class A Stammaktien offengelegt. Das Formular 4 zeigt zahlreiche Veräußerungen durch Magnetar Financial LLC und verwandte Einheiten, die zu gewogenen Durchschnittspreisen in drei Spannen ausgeführt wurden: 119,61–120,52 USD, 120,65–120,90 USD und 119,86–120,68 USD. Die Einreichung listet viele einzelne Verkaufsgeschäfte über mehrere von Magnetar verwaltete Fonds auf und weist auf eine beträchtliche indirekte beherrschende Eigentümerschaft der CoreWeave-Aktien hin, die von diesen Fonds gehalten wird. Der Bericht enthält Fußnoten, die identifizieren, welcher Fonds jede Aktienblock direkt hält, und erklärt, dass die meldenden Parteien außer finanziellen Interessen keinen beherrschenden Eigentumsanspruch geltend machen.

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).
1. Name and Address of Reporting Person*
Magnetar Financial LLC

(Last) (First) (Middle)
1603 ORRINGTON AVENUE
13TH FLOOR

(Street)
EVANSTON IL 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)
09/15/2025
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)
Code V Amount (A) or (D) Price
Class A Common Stock 09/15/2025 S 33,044 D $119.9(1) 7,039,799 I Footnotes(4)(5)(6)(7)
Class A Common Stock 09/15/2025 S 2,416 D $120.74(2) 7,037,383 I Footnotes(4)(5)(6)(7)
Class A Common Stock 09/15/2025 S 145,998 D $119.92(3) 28,414,345 I Footnotes(4)(5)(6)(8)
Class A Common Stock 09/15/2025 S 804 D $120.88 28,413,541 I Footnotes(4)(5)(6)(8)
Class A Common Stock 09/15/2025 S 19,143 D $119.92(3) 2,389,325 I Footnotes(4)(5)(6)(9)
Class A Common Stock 09/15/2025 S 106 D $120.88 2,389,219 I Footnotes(4)(5)(6)(9)
Class A Common Stock 09/15/2025 S 1,981 D $119.92(3) 385,152 I Footnotes(4)(5)(6)(10)
Class A Common Stock 09/15/2025 S 11 D $120.88 385,141 I Footnotes(4)(5)(6)(10)
Class A Common Stock 09/15/2025 S 42,670 D $119.92(3) 6,846,763 I Footnotes(4)(5)(6)(11)
Class A Common Stock 09/15/2025 S 235 D $120.88 6,846,528 I Footnotes(4)(5)(6)(11)
Class A Common Stock 09/15/2025 S 58,579 D $119.92(3) 8,730,608 I Footnotes(4)(5)(6)(12)
Class A Common Stock 09/15/2025 S 323 D $120.88 8,730,285 I Footnotes(4)(5)(6)(12)
Class A Common Stock 09/15/2025 S 73,428 D $119.92(3) 9,613,563 I Footnotes(4)(5)(6)(13)
Class A Common Stock 09/15/2025 S 405 D $120.88 9,613,158 I Footnotes(4)(5)(6)(13)
Class A Common Stock 09/15/2025 S 16,592 D $119.92(3) 1,892,960 I Footnotes(4)(5)(6)(14)
Class A Common Stock 09/15/2025 S 92 D $120.88 1,892,868 I Footnotes(4)(5)(6)(14)
Class A Common Stock 09/15/2025 S 62,462 D $119.92(3) 11,248,236 I Footnotes(4)(5)(6)(15)
Class A Common Stock 09/15/2025 S 344 D $120.88 11,247,892 I Footnotes(4)(5)(6)(15)
Class A Common Stock 09/15/2025 S 38,495 D $119.92(3) 4,820,026 I Footnotes(4)(5)(6)(16)
Class A Common Stock 09/15/2025 S 212 D $120.88 4,819,814 I Footnotes(4)(5)(6)(16)
Class A Common Stock 09/15/2025 S 31,011 D $119.92(3) 4,283,565 I Footnotes(4)(5)(6)(17)
Class A Common Stock 09/15/2025 S 171 D $120.88 4,283,394 I Footnotes(4)(5)(6)(17)
Class A Common Stock 09/15/2025 S 6,497 D $119.92(3) 1,134,770 I Footnotes(4)(5)(6)(18)
Class A Common Stock 09/15/2025 S 36 D $120.88 1,134,734 I Footnotes(4)(5)(6)(18)
Class A Common Stock 4,417,607 I Footnotes(4)(5)(6)(19)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
Magnetar Financial LLC

(Last) (First) (Middle)
1603 ORRINGTON AVENUE
13TH FLOOR

(Street)
EVANSTON IL 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 IL 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 IL 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 IL 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 price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $119.61 to $120.52, inclusive. The reporting person undertakes to provide to CoreWeave, Inc. (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 2 and 3.
2. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $120.65 to $120.90, inclusive.
3. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $119.86 to $120.68, inclusive.
4. 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, Purpose Alternative Credit Fund - T LLC, and Longhorn Special Opportunities Fund LP, 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").
5. 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 manager of Supernova Management is David J. Snyderman, a citizen of the United States of America.
6. 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.
7. These securities are held directly by CW Opportunity 2 LP.
8. These securities are held directly by CW Opportunity LLC.
9. These securities are held directly by Magnetar Alpha Star Fund LLC.
10. These securities are held directly by Magnetar Capital Master Fund, Ltd.
11. These securities are held directly by Magnetar Constellation Master Fund, Ltd.
12. These securities are held directly by Magnetar Lake Credit Fund LLC.
13. These securities are held directly by Magnetar Longhorn Fund LP.
14. These securities are held directly by Magnetar SC Fund Ltd.
15. These securities are held directly by Magnetar Structured Credit Fund, LP.
16. These securities are held directly by Magnetar Xing He Master Fund Ltd.
17. These securities are held directly by Purpose Alternative Credit Fund - F LLC.
18. These securities are held directly by Purpose Alternative Credit Fund - T LLC.
19. These securities are held directly by Longhorn Special Opportunities Fund LP.
/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 09/17/2025
/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 09/17/2025
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Manager of Supernova Management LLC 09/17/2025
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman 09/17/2025
** 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.

FAQ

What did the Form 4 for CoreWeave (CRWV) disclose?

The Form 4 disclosed multiple sales of Class A common stock by Magnetar-affiliated entities on 09/15/2025 with weighted-average prices and price ranges provided.

Which entities reported the sales of CRWV shares?

Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman are named as reporting persons with related fund footnotes.

What price information was provided for the sales?

Weighted-average prices and price ranges were disclosed; ranges include $119.61–$120.52, $120.65–$120.90, and $119.86–$120.68.

Do the reporting parties still hold CoreWeave shares?

Yes. The filing shows continued indirect beneficial ownership of CoreWeave shares held by various Magnetar-managed funds as identified in the footnotes.

Did the filers claim beneficial ownership of the sold shares?

The filers disclaim beneficial ownership of the shares except to the extent of their pecuniary interest, as stated in the footnotes.
CoreWeave, Inc.

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