CoreWeave (CRWV) CDO sells 169,000 shares after converting Class B stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc.’s Chief Development Officer Brannin McBee reported an exercise-and-sell pattern involving Class A and Class B Common Stock on June 22, 2026. McBee converted 169,000 shares of Class B Common Stock into 169,000 shares of Class A Common Stock and sold 169,000 Class A shares in open-market transactions.
Some sales were from shares held indirectly through McBee’s spouse, as disclosed in the filing. At weighted average prices generally between about $106.63 and $119.00 per share, these transactions were effected under a Rule 10b5-1 trading plan adopted on March 5, 2026. Following the transactions, McBee directly holds 402,852 shares of Class A Common Stock, with additional Class B holdings remaining.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 169,000 shares ($18,805,573)
Net Sell
28 txns
Insider
McBee Brannin
Role
Chief Development Officer
Sold
169,000 shs ($18.81M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 144,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 25,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 144,000 | $0.00 | -- |
| Sale | Class A Common Stock | 7,832 | $107.0529 | $838K |
| Sale | Class A Common Stock | 9,100 | $108.2425 | $985K |
| Sale | Class A Common Stock | 11,338 | $109.2095 | $1.24M |
| Sale | Class A Common Stock | 28,086 | $110.2746 | $3.10M |
| Sale | Class A Common Stock | 45,941 | $111.2298 | $5.11M |
| Sale | Class A Common Stock | 15,497 | $112.0396 | $1.74M |
| Sale | Class A Common Stock | 6,278 | $112.9701 | $709K |
| Sale | Class A Common Stock | 5,011 | $114.5015 | $574K |
| Sale | Class A Common Stock | 5,759 | $115.4208 | $665K |
| Sale | Class A Common Stock | 6,796 | $116.4805 | $792K |
| Sale | Class A Common Stock | 1,152 | $117.421 | $135K |
| Sale | Class A Common Stock | 1,210 | $119.00 | $144K |
| Conversion | Class A Common Stock | 25,000 | $0.00 | -- |
| Sale | Class A Common Stock | 1,360 | $107.0529 | $146K |
| Sale | Class A Common Stock | 1,580 | $108.2423 | $171K |
| Sale | Class A Common Stock | 1,970 | $109.2093 | $215K |
| Sale | Class A Common Stock | 4,875 | $110.2747 | $538K |
| Sale | Class A Common Stock | 7,975 | $111.2298 | $887K |
| Sale | Class A Common Stock | 2,689 | $112.0394 | $301K |
| Sale | Class A Common Stock | 1,090 | $112.97 | $123K |
| Sale | Class A Common Stock | 870 | $114.5014 | $100K |
| Sale | Class A Common Stock | 1,000 | $115.4209 | $115K |
| Sale | Class A Common Stock | 1,181 | $116.4806 | $138K |
| Sale | Class A Common Stock | 200 | $117.421 | $23K |
| Sale | Class A Common Stock | 210 | $119.00 | $25K |
Holdings After Transaction:
Class B Common Stock — 6,618,894 shares (Direct, null);
Class B Common Stock — 2,005,300 shares (Indirect, By Spouse);
Class A Common Stock — 402,852 shares (Direct, null);
Class A Common Stock — 25,000 shares (Indirect, By Spouse)
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 transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.63 to $107.62, 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 $107.66 to $108.65, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.66 to $109.65, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.66 to $110.65, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.66 to $111.65, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.66 to $112.65, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.67 to $113.58, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.94 to $114.89, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.99 to $115.98, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.00 to $116.99, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.05 to $117.76, inclusive. The reported securities are directly held by the reporting person's spouse. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.63 to $107.62, inclusive.
Key Figures
Shares sold: 169,000 shares
Shares converted: 169,000 shares
Direct Class A holdings: 402,852 shares
+4 more
7 metrics
Shares sold
169,000 shares
Total Class A shares sold on June 22, 2026
Shares converted
169,000 shares
Class B converted into Class A on June 22, 2026
Direct Class A holdings
402,852 shares
Class A shares held directly after transactions
Indirect Class B holdings
2,005,300 shares
Class B shares held indirectly through spouse after conversion
Direct Class B holdings
6,618,894 shares
Class B shares held directly after conversion
Highest reported sale price
$119.00/share
One Class A sale block price on June 22, 2026
Lowest reported range price
$106.63/share
Low end of disclosed weighted-average price range
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class B Common Stock, 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 adopted by the reporting person on March 5, 2026."
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."
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.
Class B Common Stock financial
"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..."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
derivative security financial
"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.
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.
FAQ
What did CoreWeave (CRWV) executive Brannin McBee report in this Form 4?
Brannin McBee, CoreWeave’s Chief Development Officer, reported converting 169,000 Class B shares into Class A shares and selling 169,000 Class A shares in open-market transactions, all on June 22, 2026, as disclosed in the Form 4 filing.
Were Brannin McBee’s CoreWeave (CRWV) stock sales pre-planned under Rule 10b5-1?
Yes. A footnote explains that at least one of the reported sale transactions was effected pursuant to a Rule 10b5-1 trading plan adopted by McBee on March 5, 2026, indicating the trades were pre-arranged rather than timed discretionarily.
What conversions between CoreWeave (CRWV) Class B and Class A stock were reported?
The filing shows conversions of 144,000 Class B shares held directly and 25,000 Class B shares held indirectly through McBee’s spouse. Each Class B share converted into one Class A share, creating a total of 169,000 new Class A shares before sales.