Insider Filing: Brian Venturo adds 281,250 Class B shares at CoreWeave (CRWV)
Rhea-AI Filing Summary
CoreWeave insider transaction: On 08/29/2025, Brian M. Venturo, a director, 10% owner and Chief Strategy Officer of CoreWeave (CRWV), is reported to have acquired 281,250 shares of Class B common stock (transaction code C). Each Class B share converts into one Class A share, so the transaction corresponds to 281,250 underlying Class A shares. The Form 4 shows substantial indirect holdings across related entities and trusts, including ownership interests attributed to West Clay Capital LLC, multiple family trusts and GRATs, the reporting person’s spouse, and a household member. The filing was signed by an attorney-in-fact on behalf of the reporting person.
Positive
- Acquisition of 281,250 Class B shares on 08/29/2025, increasing convertible holdings that map one-for-one to Class A common stock
- Clear disclosure of indirect ownership through West Clay Capital LLC and multiple family trusts, improving transparency about insider holdings
- Form filed by a single reporting person and signed by an authorized attorney-in-fact, indicating proper procedural handling
Negative
- None.
Insights
TL;DR: Director acquired convertible Class B shares increasing potential voting/economic exposure via one-for-one conversion to Class A.
The acquisition of 281,250 Class B shares is notable because each Class B is convertible into one Class A share, increasing Mr. Venturo’s potential Class A exposure by an equal amount. The Form 4 details that significant additional economic and voting interests are held indirectly through West Clay Capital LLC and multiple family trusts and GRATs, which concentrates ownership within affiliated vehicles. The filing is a routine Section 16 disclosure showing disposition and consolidation of insider-affiliated holdings rather than an open-market sale or unusual derivative structure. Impact is primarily informational for shareholder ownership and potential voting dynamics.
TL;DR: Transaction clarifies insider’s convertible share increase and documents allocation of holdings across related entities and trusts.
The Form 4 confirms the reporting person’s roles and documents acquisition of convertible Class B shares that carry one-for-one conversion into Class A common stock. The disclosure enumerates indirect ownership through West Clay Capital LLC, multiple trusts for family members, spouse-held shares, and family GRATs, which is important for understanding control and related-party concentration. The form is properly executed by an attorney-in-fact and includes standard disclaimers about disclaimed beneficial ownership where applicable. This is a governance disclosure rather than an operational development.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 281,250 | $0.00 | -- |
| Conversion | Class A Common Stock | 281,250 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| 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 ("West Clay"), of which the reporting person is the managing member. 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 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 reporting person's spouse. The reported securities are directly held by the 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 Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and his spouse and minor children are beneficiaries. The reported securities are directly held by the 2023 Venturo Family GRAT dated June 30, 2023, of which the reporting person is the sole trustee and beneficiary.
