CoreWeave (CRWV) accounting officer covers taxes with 1,320-share stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. principal accounting officer Jeff Baker reported several equity transactions involving Class A Common Stock and restricted stock units on May 20, 2026. He sold 1,320 shares at $99.82 per share in an open-market transaction that the company notes was used to satisfy his tax withholding obligations arising from restricted stock unit vesting.
Baker also exercised restricted stock units that converted into 1,086 shares and 1,339 shares of Class A Common Stock at a $0.00 exercise price, reflecting routine settlement of equity awards. Following these transactions, he continued to hold restricted stock units that vest in scheduled tranches on the 20th of May, August, November, and February, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,320 shares ($131,762)
Net Sell
5 txns
Insider
Baker Jeff
Role
Principal Accounting Officer
Sold
1,320 shs ($132K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,339 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,086 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,339 | $0.00 | -- |
| Exercise | Class A Common Stock | 1,086 | $0.00 | -- |
| Sale | Class A Common Stock | 1,320 | $99.82 | $132K |
Holdings After Transaction:
Restricted Stock Units — 20,094 shares (Direct, null);
Class A Common Stock — 1,353 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The reported transaction represents shares of Class A Common Stock of the Issuer sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting and settlement of restricted stock units. The award shall vest as to 1/16th of the total award on the 20th calendar day of May, August, November, and February, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on May 20, 2026. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. The award shall vest as to 1/4 of the total award on February 20, 2026, and thereafter shall vest as to 1/16 of the total award on the 20th calendar day of May, August, November, and February, subject to the reporting person's continued service to the Issuer on each vesting date.
Key Figures
Shares sold: 1,320 shares
Sale price per share: $99.82 per share
RSU conversion 1: 1,086 shares
+4 more
7 metrics
Shares sold
1,320 shares
Class A Common Stock sold on May 20, 2026
Sale price per share
$99.82 per share
Open-market sale of 1,320 Class A shares
RSU conversion 1
1,086 shares
Class A shares received from RSU exercise at $0.00
RSU conversion 2
1,339 shares
Class A shares received from RSU exercise at $0.00
RSUs remaining (award total shown)
20,094 units
Restricted stock units reported as held after transactions
Quarterly vesting fraction
1/16 of award
RSUs vest on May, August, November, February 20
Initial vesting fraction
1/4 of award
One RSU award vests 1/4 on February 20, 2026
Key Terms
Restricted Stock Units, open-market sale, derivative security, tax withholding obligations, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"Exercise or conversion of derivative security"
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.
tax withholding obligations financial
"sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting and settlement of restricted stock units"
continued service financial
"subject to the reporting person's continued service to the Issuer on each vesting date"
FAQ
What insider transactions did CRWV principal accounting officer Jeff Baker report?
Jeff Baker reported an open-market sale of 1,320 Class A shares at $99.82 and the exercise of restricted stock units into 1,086 and 1,339 Class A shares, all dated May 20, 2026, reflecting routine equity award settlement and related tax withholding.
What ongoing vesting schedule applies to Jeff Baker’s CoreWeave (CRWV) restricted stock units?
One award vests 1/16 of the total units on May, August, November, and February 20 each year, starting May 20, 2026. Another award vests 1/4 on February 20, 2026, then 1/16 on subsequent May, August, November, and February 20 dates, contingent on continued service.