Multiple Magnetar-related Form 4s report CoreWeave (CRWV) sales and fund holdings
Rhea-AI Filing Summary
CoreWeave, Inc. (CRWV) insiders associated with Magnetar disclosed multiple sales of Class A common stock on 09/18/2025. The filings show numerous dispositions across Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman, executed at weighted-average prices reported in footnotes ranging approximately from $119.12 to $123.06. Each line reports the number of shares sold and the resulting beneficial ownership held indirectly by various Magnetar funds; examples include post-transaction indirect holdings of 6,918,644, 27,671,543, 9,239,979, and other fund-level balances. Footnotes disclose which specific Magnetar funds hold each block and state the reporting persons disclaim beneficial ownership except for pecuniary interests. The Form 4s were signed by Hayley A. Stein as attorney-in-fact on 09/22/2025.
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Insights
TL;DR: Multiple large block sales by Magnetar entities on 09/18/2025; holdings remain held indirectly across several funds.
The Form 4 disclosures document a sequence of sales of Class A common stock of CoreWeave on a single date, reported as many separate transactions with weighted-average prices in the ~$119–$123 range. The sellers are related investment entities and an individual tied through ownership and management structures; the shares are held by distinct Magnetar funds, not directly by the filing entities. This pattern is consistent with portfolio rebalancing or fund-level liquidations rather than a single insider executing a personal sale, but the filing itself contains no explanation of purpose. Material details available are transaction dates, share counts per line, weighted-average prices and the post-transaction indirect holdings by each fund.
TL;DR: Related-party clustered sales disclosed; reporting structure and disclaimers are clearly stated.
The filings properly identify multiple reporting persons in the Magnetar ownership chain and include standard disclaimers that each entity disclaims beneficial ownership except for pecuniary interest. Footnotes map specific holdings to underlying funds (e.g., CW Opportunity LLC, Magnetar Alpha Star Fund LLC, Longhorn Special Opportunities Fund LP), clarifying the indirect nature of ownership. Signatures by an attorney-in-fact are dated 09/22/2025. The disclosure format and footnotes provide sufficient counterpart detail for compliance review, though the Form 4 does not state the business purpose for the transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,063 | $119.82 | $367K |
| Sale | Class A Common Stock | 61,498 | $120.42 | $7.41M |
| Sale | Class A Common Stock | 15,534 | $121.38 | $1.89M |
| Sale | Class A Common Stock | 1,797 | $122.69 | $220K |
| Sale | Class A Common Stock | 263,174 | $120.38 | $31.68M |
| Sale | Class A Common Stock | 68,214 | $121.31 | $8.28M |
| Sale | Class A Common Stock | 7,728 | $122.71 | $948K |
| Sale | Class A Common Stock | 1,076 | $121.63 | $131K |
| Sale | Class A Common Stock | 34,501 | $120.38 | $4.15M |
| Sale | Class A Common Stock | 8,945 | $121.31 | $1.09M |
| Sale | Class A Common Stock | 1,010 | $122.71 | $124K |
| Sale | Class A Common Stock | 3,561 | $120.38 | $429K |
| Sale | Class A Common Stock | 930 | $121.32 | $113K |
| Sale | Class A Common Stock | 101 | $122.71 | $12K |
| Sale | Class A Common Stock | 76,902 | $120.38 | $9.26M |
| Sale | Class A Common Stock | 19,940 | $121.31 | $2.42M |
| Sale | Class A Common Stock | 2,255 | $122.71 | $277K |
| Sale | Class A Common Stock | 105,585 | $120.38 | $12.71M |
| Sale | Class A Common Stock | 27,374 | $121.31 | $3.32M |
| Sale | Class A Common Stock | 3,097 | $122.71 | $380K |
| Sale | Class A Common Stock | 132,358 | $120.38 | $15.93M |
| Sale | Class A Common Stock | 33,226 | $121.30 | $4.03M |
| Sale | Class A Common Stock | 3,890 | $122.71 | $477K |
| Sale | Class A Common Stock | 29,905 | $120.38 | $3.60M |
| Sale | Class A Common Stock | 7,733 | $121.31 | $938K |
| Sale | Class A Common Stock | 890 | $122.71 | $109K |
| Sale | Class A Common Stock | 112,584 | $120.38 | $13.55M |
| Sale | Class A Common Stock | 29,183 | $121.31 | $3.54M |
| Sale | Class A Common Stock | 3,304 | $122.71 | $405K |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $119.12 to $120.09, 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, 3, 4, 5, 6, 7 and 8. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $120.15 to $121.10, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $121.16 to $121.83, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $122.40 to $123.06, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $120.06 to $121.03, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $121.10 to $121.68, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $121.60 to $121.68, inclusive. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $121.10 to $121.45 inclusive. 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 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"). 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. 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 Longhorn Special Opportunities Fund LP. 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.