STOCK TITAN

Multiple Magnetar-related Form 4s report CoreWeave (CRWV) sales and fund holdings

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

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.

Positive

  • None.

Negative

  • None.

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 Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, Snyderman David J.
Role 10% Owner | 10% Owner | 10% Owner | 10% Owner
Sold 1,059,358 shs ($127.78M)
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
Holdings After Transaction: Class A Common Stock — 6,918,644 shares (Indirect, Footnotes)
Footnotes (1)
  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.
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 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)
09/18/2025
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 09/18/2025 S 3,063 D $119.82(1) 6,918,644 I Footnotes(9)(10)(11)(12)
Class A Common Stock 09/18/2025 S 61,498 D $120.42(2) 6,857,146 I Footnotes(9)(10)(11)(12)
Class A Common Stock 09/18/2025 S 15,534 D $121.38(3) 6,841,612 I Footnotes(9)(10)(11)(12)
Class A Common Stock 09/18/2025 S 1,797 D $122.69(4) 6,839,815 I Footnotes(9)(10)(11)(12)
Class A Common Stock 09/18/2025 S 263,174 D $120.38(5) 27,671,543 I Footnotes(9)(10)(11)(13)
Class A Common Stock 09/18/2025 S 68,214 D $121.31(6) 27,603,329 I Footnotes(9)(10)(11)(13)
Class A Common Stock 09/18/2025 S 7,728 D $122.71(4) 27,595,601 I Footnotes(9)(10)(11)(13)
Class A Common Stock 09/18/2025 S 1,076 D $121.63(7) 4,416,531 I Footnotes(9)(10)(11)(14)
Class A Common Stock 09/18/2025 S 34,501 D $120.38(5) 2,291,940 I Footnotes(9)(10)(11)(15)
Class A Common Stock 09/18/2025 S 8,945 D $121.31(6) 2,282,995 I Footnotes(9)(10)(11)(15)
Class A Common Stock 09/18/2025 S 1,010 D $122.71(4) 2,281,985 I Footnotes(9)(10)(11)(15)
Class A Common Stock 09/18/2025 S 3,561 D $120.38(5) 375,087 I Footnotes(9)(10)(11)(16)
Class A Common Stock 09/18/2025 S 930 D $121.32(6) 374,157 I Footnotes(9)(10)(11)(16)
Class A Common Stock 09/18/2025 S 101 D $122.71(4) 374,056 I Footnotes(9)(10)(11)(16)
Class A Common Stock 09/18/2025 S 76,902 D $120.38(5) 6,629,680 I Footnotes(9)(10)(11)(17)
Class A Common Stock 09/18/2025 S 19,940 D $121.31(6) 6,609,740 I Footnotes(9)(10)(11)(17)
Class A Common Stock 09/18/2025 S 2,255 D $122.71(4) 6,607,485 I Footnotes(9)(10)(11)(17)
Class A Common Stock 09/18/2025 S 105,585 D $120.38(5) 8,432,576 I Footnotes(9)(10)(11)(18)
Class A Common Stock 09/18/2025 S 27,374 D $121.31(6) 8,405,202 I Footnotes(9)(10)(11)(18)
Class A Common Stock 09/18/2025 S 3,097 D $122.71(4) 8,402,105 I Footnotes(9)(10)(11)(18)
Class A Common Stock 09/18/2025 S 132,358 D $120.38(5) 9,239,979 I Footnotes(9)(10)(11)(19)
Class A Common Stock 09/18/2025 S 33,226 D $121.3(8) 9,206,753 I Footnotes(9)(10)(11)(19)
Class A Common Stock 09/18/2025 S 3,890 D $122.71(4) 9,202,863 I Footnotes(9)(10)(11)(19)
Class A Common Stock 09/18/2025 S 29,905 D $120.38(5) 1,808,546 I Footnotes(9)(10)(11)(20)
Class A Common Stock 09/18/2025 S 7,733 D $121.31(6) 1,800,813 I Footnotes(9)(10)(11)(20)
Class A Common Stock 09/18/2025 S 890 D $122.71(4) 1,799,923 I Footnotes(9)(10)(11)(20)
Class A Common Stock 09/18/2025 S 112,584 D $120.38(5) 10,930,450 I Footnotes(9)(10)(11)(21)
Class A Common Stock 09/18/2025 S 29,183 D $121.31(6) 10,901,267 I Footnotes(9)(10)(11)(21)
Class A Common Stock 09/18/2025 S 3,304 D $122.71(4) 10,897,963 I Footnotes(9)(10)(11)(21)
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 $119.12 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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.
8. 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.
9. 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").
10. 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.
11. 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.
12. These securities are held directly by CW Opportunity 2 LP.
13. These securities are held directly by CW Opportunity LLC.
14. These securities are held directly by Longhorn Special Opportunities Fund LP.
15. These securities are held directly by Magnetar Alpha Star Fund LLC.
16. These securities are held directly by Magnetar Capital Master Fund, Ltd.
17. These securities are held directly by Magnetar Constellation Master Fund, Ltd.
18. These securities are held directly by Magnetar Lake Credit Fund LLC.
19. These securities are held directly by Magnetar Longhorn Fund LP.
20. These securities are held directly by Magnetar SC Fund Ltd.
21. These securities are held directly by Magnetar Structured Credit 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 09/22/2025
/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 09/22/2025
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Manager of Supernova Management LLC 09/22/2025
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman 09/22/2025
** 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 insider transactions were reported for CoreWeave (CRWV)?

Multiple sales of Class A common stock were reported on 09/18/2025 by Magnetar-related reporting persons, with weighted-average prices in the approximately $119–$123 range.

Which entities filed the Form 4s for CRWV?

The filings identify Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman as reporting persons.

How were the sold shares held after the transactions?

Footnotes list post-transaction indirect beneficial ownership by various funds, for example 6,918,644, 27,671,543, and 9,239,979 shares held indirectly across Magnetar funds.

Do the filers claim direct beneficial ownership of the shares?

No; the filings state that each Magnetar entity and David J. Snyderman disclaim beneficial ownership except to the extent of any pecuniary interest, and the shares are held directly by named funds.

When were the Form 4s signed?

The signature block shows Hayley A. Stein signing as attorney-in-fact on behalf of the reporting persons on 09/22/2025.