CoreWeave CDO McBee sells 197,000 shares, converts stock
CoreWeave, Inc. Chief Development Officer Brannin McBee and related entities reported multiple transactions in CoreWeave Class A and Class B Common Stock on July 13, 2026.
Rhea-AI Filing Summary
CoreWeave, Inc. Chief Development Officer Brannin McBee and related entities reported multiple transactions in CoreWeave Class A and Class B Common Stock on July 13, 2026. The filing shows 197,000 Class A shares sold in open‑market transactions and 197,000 Class B shares converted into Class A.
After these transactions, McBee holds 323,263 Class A shares directly and 6,186,894 Class B shares directly, with additional Class B holdings held through trusts and a spouse. A footnote notes that at least one reported sale was effected pursuant to a Rule 10b5‑1 trading plan adopted on March 5, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
32 txns
Insider
McBee Brannin
Role
Chief Development Officer
Sold
197,000 shs ($16.67M)
Approx. gross sale proceeds
$16.67M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1 | 144,000 | -- | -- |
| Conversion | Class B Common Stock F1, F9 | 25,000 | -- | -- |
| Conversion | Class B Common Stock F1, F11 | 25,000 | -- | -- |
| Conversion | Class B Common Stock F1, F12 | 3,000 | -- | -- |
| Conversion | Class A Common Stock F1 | 144,000 | -- | -- |
| Sale | Class A Common Stock F2, F3 | 70,183 | $83.2654 | $5.84M |
| Sale | Class A Common Stock F2, F4 | 13,188 | $84.181 | $1.11M |
| Sale | Class A Common Stock F2, F5 | 18,433 | $85.316 | $1.57M |
| Sale | Class A Common Stock F2, F6 | 19,201 | $86.131 | $1.65M |
| Sale | Class A Common Stock F2, F7 | 18,382 | $87.1183 | $1.60M |
| Sale | Class A Common Stock F2, F8 | 4,613 | $88.2118 | $407K |
| Conversion | Class A Common Stock F1, F9 | 25,000 | -- | -- |
| Sale | Class A Common Stock F2, F10, F9 | 12,183 | $83.2657 | $1.01M |
| Sale | Class A Common Stock F2, F4, F9 | 2,293 | $84.1822 | $193K |
| Sale | Class A Common Stock F2, F5, F9 | 3,177 | $85.3136 | $271K |
| Sale | Class A Common Stock F2, F6, F9 | 3,341 | $86.1325 | $288K |
| Sale | Class A Common Stock F2, F7, F9 | 3,196 | $87.1183 | $278K |
| Sale | Class A Common Stock F2, F8, F9 | 810 | $88.21 | $71K |
| Conversion | Class A Common Stock F1, F11 | 25,000 | -- | -- |
| Sale | Class A Common Stock F2, F10, F11 | 12,191 | $83.2654 | $1.02M |
| Sale | Class A Common Stock F2, F4, F11 | 2,292 | $84.1808 | $193K |
| Sale | Class A Common Stock F2, F5, F11 | 3,194 | $85.3154 | $272K |
| Sale | Class A Common Stock F2, F6, F11 | 3,334 | $86.1309 | $287K |
| Sale | Class A Common Stock F2, F7, F11 | 3,189 | $87.1183 | $278K |
| Sale | Class A Common Stock F2, F8, F11 | 800 | $88.2116 | $71K |
| Conversion | Class A Common Stock F1, F12 | 3,000 | -- | -- |
| Sale | Class A Common Stock F2, F10, F12 | 1,460 | $83.2644 | $122K |
| Sale | Class A Common Stock F2, F4, F12 | 267 | $84.1775 | $22K |
| Sale | Class A Common Stock F2, F5, F12 | 416 | $85.3351 | $35K |
| Sale | Class A Common Stock F2, F6, F12 | 392 | $86.1243 | $34K |
| Sale | Class A Common Stock F2, F7, F12 | 377 | $87.1184 | $33K |
| Sale | Class A Common Stock F2, F8, F12 | 88 | $88.2102 | $8K |
Holdings After Transaction:
Class B Common Stock — 6,186,894 contracts (Direct);
Class B Common Stock — 1,930,300 contracts (Indirect, By Spouse);
Class B Common Stock — 3,491,020 contracts (Indirect, Brannin J. McBee 2022 Irrevocable Trust);
Class B Common Stock — 306,000 contracts (Indirect, Canis Major 2024 Irrevocable Trust LLC);
Class A Common Stock — 323,263 shares (Direct);
Class A Common Stock — 0 shares (Indirect, By Spouse);
Class A Common Stock — 0 shares (Indirect, Brannin J McBee 2022 Irrevocable Trust);
Class A Common Stock — 0 shares (Indirect, Canis Major 2024 Irrevocable Trust LLC)
Footnotes (12)
- F1. 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.
- F2. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.77 to $83.76, inclusive. The reporting person undertakes to provide to 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 filing.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.77 to $84.76, inclusive.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.77 to $85.76, inclusive.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.77 to $86.76, inclusive.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.78 to $87.73, inclusive.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.83 to $88.81, inclusive.
- F9. The reported securities are directly held by the reporting person's spouse.
- F10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.77 to $83.76, inclusive.
- F11. 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.
- F12. The reported securities are directly held by the Canis Major 2024 Irrevocable Trust LLC of which the reporting person serves as manager.
Key Figures
Class A shares sold: 197,000 shares
Class B shares converted: 197,000 shares
Direct Class A holdings after transactions: 467,263 shares
+3 more
6 metrics
Class A shares sold
197,000 shares
Aggregate open‑market sales of Class A Common Stock on July 13, 2026
Class B shares converted
197,000 shares
Total Class B Common Stock converted into Class A on July 13, 2026
Direct Class A holdings after transactions
467,263 shares
Class A Common Stock held directly by Brannin McBee following reported trades
Direct Class B holdings after conversions
6,186,894 shares
Class B Common Stock held directly by McBee after the derivative conversions
Indirect Class B via 2022 Irrevocable Trust
3,491,020 shares
Class B Common Stock held by the Brannin J. McBee 2022 Irrevocable Trust
Rule 10b5-1 plan adoption date
March 5, 2026
Date McBee adopted the trading plan referenced in a sale footnote
Key Terms
Rule 10b5-1 trading plan, weighted average price, Amended and Restated Certificate of Incorporation, derivative security, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Amended and Restated Certificate of Incorporation regulatory
"events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation"
A company’s amended and restated certificate of incorporation is an updated version of its foundational legal charter that replaces the older document and folds in all changes into one clear copy; it spells out corporate structure, classes of stock, shareholder rights and key governance rules. Investors care because it can change who controls the company, how votes are counted, what claims shareholders have on assets or dividends, and can introduce or remove protections against takeovers—like updating a house title after a major renovation to show who owns what and under what rules.
derivative security financial
"The price reported in Column 4 is a weighted average price. These shares were sold"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
irrevocable trust financial
"The reported securities are directly held by the Brannin J. McBee 2022 Irrevocable Trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CoreWeave (CRWV) executive Brannin McBee report?
CoreWeave Chief Development Officer Brannin McBee and related entities reported open‑market sales of 197,000 Class A shares and conversions of 197,000 Class B shares into Class A on July 13, 2026, according to a Form 4 filing.
What stock conversions did Brannin McBee report for CoreWeave (CRWV)?
The Form 4 reports conversions of 197,000 Class B shares into CoreWeave Class A Common Stock on July 13, 2026. Each Class B share is convertible into one Class A share under the company’s Amended and Restated Certificate of Incorporation.
What are Brannin McBee’s remaining direct CoreWeave (CRWV) holdings after these trades?
After the reported transactions, McBee holds 467,263 Class A shares directly and 6,186,894 Class B shares directly. He also has indirect exposure through a spouse and irrevocable trusts that continue to hold Class B shares.
Were any CoreWeave (CRWV) insider sales made under a Rule 10b5-1 plan?
A footnote states that a reported sale was effected pursuant to a Rule 10b5‑1 trading plan adopted by McBee on March 5, 2026. Such plans pre‑schedule trades, which can reduce the informational value of trade timing.
How much Class B stock linked to Brannin McBee remains at CoreWeave (CRWV)?
Following the conversions, McBee holds 6,186,894 Class B shares directly. Entities associated with him hold additional Class B shares, including 306,000, 3,491,020, and 1,930,300 shares through a trust, an irrevocable trust, and his spouse.
AI-generated analysis. How Rhea-AI works. Not financial advice.
