CoreWeave (CRWV) trusts convert Class B and sell 76,924 Class A shares
Rhea-AI Filing Summary
CoreWeave, Inc. director and Chief Strategy Officer Brian M. Venturo reported a series of indirect transactions in CoreWeave Class A and Class B Common Stock. On May 13, 2026, entities associated with him, including the Venturo Family GST Exempt Trust and West Clay Capital LLC, converted a total of 76,924 shares of Class B Common Stock into an equal number of Class A shares at a conversion price of $0.00 per share and sold 76,924 Class A shares in multiple open‑market transactions at weighted average prices between about $106 and $113 per share. A footnote states these sales were effected under a Rule 10b5-1 trading plan adopted on November 13, 2025, indicating the activity was pre‑planned. After these transactions, trusts and entities associated with Venturo continue to hold substantial Class B positions convertible into Class A, including 5,402,057 shares and 5,343,347 shares of Class B Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 61,539 | $0.00 | -- |
| Conversion | Class B Common Stock | 15,385 | $0.00 | -- |
| Conversion | Class A Common Stock | 61,539 | $0.00 | -- |
| Sale | Class A Common Stock | 2,960 | $106.9868 | $317K |
| Sale | Class A Common Stock | 5,467 | $107.9547 | $590K |
| Sale | Class A Common Stock | 6,244 | $108.8989 | $680K |
| Sale | Class A Common Stock | 5,293 | $109.8462 | $581K |
| Sale | Class A Common Stock | 19,342 | $111.1185 | $2.15M |
| Sale | Class A Common Stock | 20,953 | $111.7539 | $2.34M |
| Sale | Class A Common Stock | 1,280 | $112.7263 | $144K |
| Conversion | Class A Common Stock | 15,385 | $0.00 | -- |
| Sale | Class A Common Stock | 740 | $106.9868 | $79K |
| Sale | Class A Common Stock | 1,367 | $107.9546 | $148K |
| Sale | Class A Common Stock | 1,561 | $108.8985 | $170K |
| Sale | Class A Common Stock | 1,323 | $109.846 | $145K |
| Sale | Class A Common Stock | 4,836 | $111.1185 | $537K |
| Sale | Class A Common Stock | 5,238 | $111.7539 | $585K |
| Sale | Class A Common Stock | 320 | $112.7263 | $36K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
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 West Clay Capital LLC, of which the reporting person is the managing member. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.41 to $107.35, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.42 to $108.41, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.42 to $109.40, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.43 to $110.42, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.43 to $111.42, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.43 to $112.42, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.43 to $112.91, inclusive. The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and minor children are beneficiaries. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.41 to $107.35, inclusive. The reported securities are directly held by the reporting person's father-in-law, who is a member of the reporting person's household. The reporting person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest, if any. The reported securities are directly held by the YOLO APV Trust (the "APV 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 APV Trust's trustee. The reported securities are directly held by the YOLO ECV Trust (the "ECV 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 ECV Trust's trustee. The reported securities are directly held by Venturo Family 2024 Friends and Family GRAT, of which the reporting person is the sole trustee and beneficiary. The reported securities are directly held by the reporting person's spouse. The reported securities are directly held by the Venturo Family Trust dated June 30, 2023 (the "Family Trust"). The reporting person's spouse is trustee of the Family Trust and his minor children are beneficiaries.