CoreWeave (CRWV) accounting officer logs RSU vesting and small tax-driven share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. Principal Accounting Officer Jeff Baker reported routine equity compensation activity. On June 30, 2026, 7 restricted stock units converted into 7 shares of Class A Common Stock, and 4 shares were sold at $95.69 per share to satisfy tax withholding obligations tied to this vesting. Following these transactions, Baker directly holds 1,122 Class A shares and 83 restricted stock units, reflecting a small net reduction in share count primarily driven by tax-related selling rather than discretionary trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4 shares ($383)
Net Sell
3 txns
Insider
Baker Jeff
Role
Principal Accounting Officer
Sold
4 shs ($382.76)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 7 | $0.00 | -- |
| Exercise | Class A Common Stock | 7 | $0.00 | -- |
| Sale | Class A Common Stock | 4 | $95.69 | $382.76 |
Holdings After Transaction:
Restricted Stock Units — 83 shares (Direct, null);
Class A Common Stock — 1,126 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 1/4 of the total award on March 31, 2026, and thereafter shall vest as to 1/16 of the total award on the last calendar day of June, September, December, and March, subject to the reporting person's continued service to the Issuer on each vesting date. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
Shares sold: 4 shares
Sale price: $95.69 per share
RSUs converted: 7 units
+3 more
6 metrics
Shares sold
4 shares
Class A Common Stock sold on June 30, 2026
Sale price
$95.69 per share
Price for 4 shares sold to cover taxes
RSUs converted
7 units
Restricted stock units converting into Class A shares
Shares held after
1,122 shares
Class A Common Stock directly owned post-transaction
RSUs outstanding
83 units
Restricted stock units remaining after conversion
Net buy/sell shares
-4 shares
Net effect across reported buy/sell activity
Key Terms
Restricted Stock Units, tax withholding obligations, vesting and settlement, vesting date
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share..."
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.
tax withholding obligations financial
"shares of Class A Common Stock... sold to satisfy the reporting person's tax withholding obligations..."
vesting and settlement financial
"obligations, which were incurred in connection with the vesting and settlement of restricted stock units."
vesting date financial
"subject to the reporting person's continued service to the Issuer on each vesting date."
FAQ
What insider transaction did CoreWeave (CRWV) report for Jeff Baker?
CoreWeave reported that Principal Accounting Officer Jeff Baker had 7 restricted stock units convert into Class A shares, and 4 shares were sold primarily to cover tax obligations from this vesting, resulting in a small routine adjustment to his equity position.
What equity compensation event occurred for Jeff Baker at CoreWeave (CRWV)?
Jeff Baker had 7 restricted stock units convert into 7 shares of CoreWeave Class A Common Stock. The filing notes these units represent a right to receive one share per unit upon settlement, and vesting is tied to continued service under a defined vesting schedule.
What is the vesting schedule for Jeff Baker’s CoreWeave restricted stock units?
The award vests as to one-quarter of the total units on March 31, 2026, then one-sixteenth on the last day of June, September, December, and March. Continued service to CoreWeave on each vesting date is required, and units either vest or are cancelled without expiring independently.