CoreWeave (CRWV) family trusts convert Class B and sell Class A stock
Rhea-AI Filing Summary
CoreWeave, Inc.’s Chief Development Officer, Brannin McBee, reported trust-related insider activity involving Class A and Class B Common Stock. A trust associated with his family converted 25,000 shares of Class B Common Stock into an equal number of Class A shares on January 26, 2026.
On the same date, the Brannin J. McBee 2022 Irrevocable Trust sold multiple blocks of Class A Common Stock at weighted average prices ranging from about $98 to $108 per share, leaving it with no shares after the final reported sale. Additional small sales of Class A Common Stock were made by the Canis Major Trust, which continues to hold tens of thousands of shares afterward.
The filing notes that at least one of the sale transactions was executed under a Rule 10b5-1 trading plan adopted on September 2, 2025, indicating a pre-arranged schedule for disposing of shares by the trusts associated with McBee’s family.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 25,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 25,000 | $0.00 | -- |
| Sale | Class A Common Stock | 7,007 | $98.5767 | $691K |
| Sale | Class A Common Stock | 2,063 | $99.9127 | $206K |
| Sale | Class A Common Stock | 2,922 | $100.7954 | $295K |
| Sale | Class A Common Stock | 6,209 | $101.6689 | $631K |
| Sale | Class A Common Stock | 1,207 | $102.5474 | $124K |
| Sale | Class A Common Stock | 1,602 | $104.2841 | $167K |
| Sale | Class A Common Stock | 1,766 | $105.03 | $185K |
| Sale | Class A Common Stock | 1,239 | $106.2329 | $132K |
| Sale | Class A Common Stock | 730 | $107.1002 | $78K |
| Sale | Class A Common Stock | 255 | $107.9933 | $28K |
| Sale | Class A Common Stock | 127 | $98.5837 | $13K |
| Sale | Class A Common Stock | 82 | $100.089 | $8K |
| Sale | Class A Common Stock | 118 | $101.4823 | $12K |
| Sale | Class A Common Stock | 55 | $102.2193 | $6K |
| Sale | Class A Common Stock | 18 | $103.45 | $2K |
| Sale | Class A Common Stock | 37 | $104.6554 | $4K |
| Sale | Class A Common Stock | 27 | $105.6033 | $3K |
| Sale | Class A Common Stock | 36 | $106.52 | $4K |
Footnotes (1)
- Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation. The reported securities are directly held by the Brannin J. McBee 2022 Irrevocable Trust, of which the reporting person's spouse and minor child are beneficiaries and for which the reporting person's spouse serves as trustee. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 2, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.18 to $99.14, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.24 to $100.23, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.24 to $101.23, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.24 to $102.23, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.24 to $103.11, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.71 to $104.70, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.71 to $105.70, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.73 to $106.69, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.74 to $107.65, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.77 to $108.54, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.21 to $98.96, inclusive. The reported securities are directly held by the Canis Major SM Trust (the "Canis Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the Canis Trust's trustee. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.72 to $100.46, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.00 to $101.95, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.00 to $102.61, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.13 to $103.77, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.16 to $104.85, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.40 to $106.00, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.42 to $106.65, inclusive.