STOCK TITAN

CRWV Form 4: Intrator sells tranches, discloses weighted average prices

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Insider sales under a Rule 10b5-1 plan reduced the reporting person’s direct stake in CoreWeave. The Form 4 shows Michael N. Intrator — listed as CEO, President, Director and a 10% owner — sold multiple blocks of Class A common stock on 10/07/2025 and 10/08/2025 under a trading plan adopted on 5/23/2025. Sales reported on 10/07/2025 and 10/08/2025 reduced his direct holdings from prior levels to 7,055,965 shares of Class A stock following the last reported sale.

The filing also reports a 50,000 share acquisition of Class A stock on 10/08/2025 and discloses extensive indirect holdings through entities and trusts (Omnadora Capital LLC and several family trusts), with convertible Class B shares representing additional economic interest. Footnotes state the prices are weighted averages across tranches, with per‑share prices reported in the range of $126.73 to $140.65.

Positive

  • Transactions executed under a Rule 10b5-1 plan, which provides an affirmative defense when conditions are met
  • Full disclosure of weighted average prices and price ranges for each tranche, increasing transparency
  • Post‑trade direct holdings quantified as 7,055,965 Class A shares, allowing clear tracking

Negative

  • Multiple near‑term sales by a senior insider reduced direct holdings, which some investors may read as increased liquidity needs
  • Form 4 is split across parts; this filing is Part 1 of 2, so cumulative changes are not fully shown here

Insights

Sales were structured under a 10b5-1 plan and reflect routine insider liquidity rather than an ad hoc trade.

The Form 4 explicitly states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on 5/23/2025, which creates an affirmative defense to claims of trading on material nonpublic information when conditions of the plan are met. The filing lists multiple discrete sale blocks on 10/07/2025 and 10/08/2025 with weighted average prices disclosed.

Remain attentive to follow‑up filings that complete Part 2 of this Form 4 and any scheduled disclosures that would show changes in board or executive status; those would be reported separately.

Insider sold roughly small-to-moderate blocks across price bands from $126.73 to $140.65, modestly trimming direct Class A holdings to 7,055,965 shares.

The detailed table shows many individual sale blocks (e.g., 50,000 shares credited as an acquisition for indirect Omnadora holdings and multiple direct sales reducing direct ownership). The filing quantifies the post‑transaction direct Class A balance as 7,055,965 shares and lists sizeable indirect economic exposure through conversion of Class B shares and family entities.

Market participants can compare the reported weighted average prices to contemporaneous market prices to judge execution relative to market; any material change to total beneficial ownership will appear in subsequent Section 16 filings.

Insider Intrator Michael N
Role CEO and President
Sold 129,091 shs ($17.28M)
Type Security Shares Price Value
Conversion Class B Common Stock 50,000 $0.00 --
Sale Class A Common Stock 1,417 $132.0861 $187K
Sale Class A Common Stock 3,350 $133.0489 $446K
Sale Class A Common Stock 2,468 $133.9942 $331K
Sale Class A Common Stock 3,564 $135.0714 $481K
Sale Class A Common Stock 5,824 $135.9584 $792K
Sale Class A Common Stock 1,149 $137.073 $157K
Sale Class A Common Stock 4,834 $138.0959 $668K
Sale Class A Common Stock 3,034 $139.1179 $422K
Sale Class A Common Stock 6,658 $139.8771 $931K
Sale Class A Common Stock 157 $140.6201 $22K
Conversion Class A Common Stock 50,000 $0.00 --
Sale Class A Common Stock 2,183 $132.0861 $288K
Sale Class A Common Stock 5,161 $133.049 $687K
Sale Class A Common Stock 3,802 $133.9942 $509K
Sale Class A Common Stock 5,490 $135.0713 $742K
Sale Class A Common Stock 8,972 $135.9583 $1.22M
Sale Class A Common Stock 1,770 $137.0724 $243K
Sale Class A Common Stock 7,448 $138.0958 $1.03M
Sale Class A Common Stock 2,300 $127.2274 $293K
Sale Class A Common Stock 4,020 $128.2255 $515K
Sale Class A Common Stock 24,917 $129.2739 $3.22M
Sale Class A Common Stock 9,144 $130.1584 $1.19M
Sale Class A Common Stock 1,100 $131.3264 $144K
Sale Class A Common Stock 1,600 $132.137 $211K
Sale Class A Common Stock 700 $133.3143 $93K
Sale Class A Common Stock 700 $134.3214 $94K
Sale Class A Common Stock 3,411 $135.5178 $462K
Sale Class A Common Stock 7,482 $136.3643 $1.02M
Sale Class A Common Stock 5,427 $137.4503 $746K
Sale Class A Common Stock 1,009 $138.1102 $139K
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 B Common Stock -- -- --
Holdings After Transaction: Class B Common Stock — 25,449,280 shares (Indirect, Omnadora Capital LLC); Class A Common Stock — 7,087,003 shares (Direct); Class A Common Stock — 50,000 shares (Indirect, Omnadora Capital LLC); Class B Common Stock — 21,867,489 shares (Direct)
Footnotes (1)
  1. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.73 to $127.71, 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 footnote and in footnotes 3 through 23. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.73 to $128.68, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.73 to $129.72, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $129.73 to $130.71, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.76 to $131.75, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.77 to $132.66, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.90 to $133.70, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.98 to $134.81, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.98 to $135.97, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.00 to $136.96, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $137.00 to $137.99, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.00 to $138.36, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.50 to $132.49, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.53 to $133.47, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.53 to $134.52, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.53 to $135.52, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.53 to $136.50, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.54 to $137.52, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $137.55 to $138.54, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.55 to $139.52, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.57 to $140.47, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $140.59 to $140.65, inclusive. 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 Omnadora Capital LLC ("Omnadora"). The reporting person is the sole manager of Omnadora's manager, Omnadora Management LLC. In such capacity, the reporting person may be deemed to beneficially own securities directly held by Omnadora. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein. The reported securities are directly held by the reporting person's spouse. The reported securities are directly held by the Silver Thimble Resulting Trust ("Silver Thimble"), an irrevocable trust with a third-party trustee, of which the reporting person's children are beneficiaries. Pursuant to its constitutive documents, investment discretion over its assets is exercised by its investment manager, Copper Thimble LLC, for which the reporting person serves as the manager. The reporting person also has the power to remove and replace Silver Thimble's trustee. The reported securities are directly held by the PMI 2024 F&F GRAT (the "PMI GRAT"). The reporting person is the sole beneficiary of the PMI GRAT and his spouse is trustee. The reported securities are directly held by the Intrator Family Trust, of which the reporting person's spouse and children are the beneficiaries and his spouse serves as co-trustee. The reported securities are directly held by the Intrator Family GST-Exempt Trust, of which the reporting person's spouse and children are the beneficiaries and his spouse serves as co-trustee.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Intrator Michael N

(Last) (First) (Middle)
C/O COREWEAVE, INC.
290 WEST MT. PLEASANT AVENUE, SUITE 4100

(Street)
LIVINGSTON NJ 07039

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CoreWeave, Inc. [ CRWV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
CEO and President
3. Date of Earliest Transaction (Month/Day/Year)
10/07/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 10/07/2025 S(1) 2,300 D $127.2274(2) 7,147,930 D
Class A Common Stock 10/07/2025 S(1) 4,020 D $128.2255(3) 7,143,910 D
Class A Common Stock 10/07/2025 S(1) 24,917 D $129.2739(4) 7,118,993 D
Class A Common Stock 10/07/2025 S(1) 9,144 D $130.1584(5) 7,109,849 D
Class A Common Stock 10/07/2025 S(1) 1,100 D $131.3264(6) 7,108,749 D
Class A Common Stock 10/07/2025 S(1) 1,600 D $132.137(7) 7,107,149 D
Class A Common Stock 10/07/2025 S(1) 700 D $133.3143(8) 7,106,449 D
Class A Common Stock 10/07/2025 S(1) 700 D $134.3214(9) 7,105,749 D
Class A Common Stock 10/07/2025 S(1) 3,411 D $135.5178(10) 7,102,338 D
Class A Common Stock 10/07/2025 S(1) 7,482 D $136.3643(11) 7,094,856 D
Class A Common Stock 10/07/2025 S(1) 5,427 D $137.4503(12) 7,089,429 D
Class A Common Stock 10/07/2025 S(1) 1,009 D $138.1102(13) 7,088,420 D
Class A Common Stock 10/08/2025 S(1) 1,417 D $132.0861(14) 7,087,003 D
Class A Common Stock 10/08/2025 S(1) 3,350 D $133.0489(15) 7,083,653 D
Class A Common Stock 10/08/2025 S(1) 2,468 D $133.9942(16) 7,081,185 D
Class A Common Stock 10/08/2025 S(1) 3,564 D $135.0714(17) 7,077,621 D
Class A Common Stock 10/08/2025 S(1) 5,824 D $135.9584(18) 7,071,797 D
Class A Common Stock 10/08/2025 S(1) 1,149 D $137.073(19) 7,070,648 D
Class A Common Stock 10/08/2025 S(1) 4,834 D $138.0959(20) 7,065,814 D
Class A Common Stock 10/08/2025 S(1) 3,034 D $139.1179(21) 7,062,780 D
Class A Common Stock 10/08/2025 S(1) 6,658 D $139.8771(22) 7,056,122 D
Class A Common Stock 10/08/2025 S(1) 157 D $140.6201(23) 7,055,965 D
Class A Common Stock 10/08/2025 C 50,000 A (24) 50,000 I Omnadora Capital LLC(25)
Class A Common Stock 10/08/2025 S(1) 2,183 D $132.0861(14) 47,817 I Omnadora Capital LLC(25)
Class A Common Stock 10/08/2025 S(1) 5,161 D $133.049(15) 42,656 I Omnadora Capital LLC(25)
Class A Common Stock 10/08/2025 S(1) 3,802 D $133.9942(16) 38,854 I Omnadora Capital LLC(25)
Class A Common Stock 10/08/2025 S(1) 5,490 D $135.0713(17) 33,364 I Omnadora Capital LLC(25)
Class A Common Stock 10/08/2025 S(1) 8,972 D $135.9583(18) 24,392 I Omnadora Capital LLC(25)
Class A Common Stock 10/08/2025 S(1) 1,770 D $137.0724(19) 22,622 I Omnadora Capital LLC(25)
Class A Common Stock 10/08/2025 S(1) 7,448 D $138.0958(20) 15,174 I Omnadora Capital LLC(25)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock (24) 10/08/2025 C 50,000 (24) (24) Class A Common Stock 50,000 (24) 25,449,280 I Omnadora Capital LLC(25)
Class B Common Stock (24) (24) (24) Class A Common Stock 21,867,489 21,867,489 D
Class B Common Stock (24) (24) (24) Class A Common Stock 365,200 365,200 I By Spouse(26)
Class B Common Stock (24) (24) (24) Class A Common Stock 7,240 7,240 I Silver Thimble Resulting Trust(27)
Class B Common Stock (24) (24) (24) Class A Common Stock 266,031 266,031 I PMI 2024 F&F GRAT(28)
Class B Common Stock (24) (24) (24) Class A Common Stock 2,290,320 2,290,320 I Intrator Family Trust(29)
Class B Common Stock (24) (24) (24) Class A Common Stock 4,576,000 4,576,000 I Intrator Family GST-Exempt Trust(30)
Explanation of Responses:
1. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.73 to $127.71, 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 footnote and in footnotes 3 through 23.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.73 to $128.68, inclusive.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.73 to $129.72, inclusive.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $129.73 to $130.71, inclusive.
6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.76 to $131.75, inclusive.
7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.77 to $132.66, inclusive.
8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.90 to $133.70, inclusive.
9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.98 to $134.81, inclusive.
10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.98 to $135.97, inclusive.
11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.00 to $136.96, inclusive.
12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $137.00 to $137.99, inclusive.
13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.00 to $138.36, inclusive.
14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.50 to $132.49, inclusive.
15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.53 to $133.47, inclusive.
16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.53 to $134.52, inclusive.
17. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.53 to $135.52, inclusive.
18. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.53 to $136.50, inclusive.
19. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.54 to $137.52, inclusive.
20. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $137.55 to $138.54, inclusive.
21. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.55 to $139.52, inclusive.
22. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.57 to $140.47, inclusive.
23. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $140.59 to $140.65, inclusive.
24. 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.
25. The reported securities are directly held by Omnadora Capital LLC ("Omnadora"). The reporting person is the sole manager of Omnadora's manager, Omnadora Management LLC. In such capacity, the reporting person may be deemed to beneficially own securities directly held by Omnadora. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein.
26. The reported securities are directly held by the reporting person's spouse.
27. The reported securities are directly held by the Silver Thimble Resulting Trust ("Silver Thimble"), an irrevocable trust with a third-party trustee, of which the reporting person's children are beneficiaries. Pursuant to its constitutive documents, investment discretion over its assets is exercised by its investment manager, Copper Thimble LLC, for which the reporting person serves as the manager. The reporting person also has the power to remove and replace Silver Thimble's trustee.
28. The reported securities are directly held by the PMI 2024 F&F GRAT (the "PMI GRAT"). The reporting person is the sole beneficiary of the PMI GRAT and his spouse is trustee.
29. The reported securities are directly held by the Intrator Family Trust, of which the reporting person's spouse and children are the beneficiaries and his spouse serves as co-trustee.
30. The reported securities are directly held by the Intrator Family GST-Exempt Trust, of which the reporting person's spouse and children are the beneficiaries and his spouse serves as co-trustee.
Remarks:
This Form 4 is Part 1 of 2 for this reporting person. Transactions by Omnadora Capital LLC reported on Table I are continued on Part 2.
/s/ Kristen McVeety, as Attorney-in-Fact 10/09/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Michael N. Intrator report on Form 4 for CRWV?

The filing reports multiple sales of Class A common stock on 10/07/2025 and 10/08/2025 under a Rule 10b5-1 plan and a 50,000 share acquisition on 10/08/2025.

How many Class A shares does Intrator directly own after these transactions?

Following the reported transactions, the Form 4 shows 7,055,965 direct shares of Class A common stock.

Were the sales part of an approved trading plan?

Yes. The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on 5/23/2025, as disclosed in the filing.

What price range were the shares sold at?

Footnotes disclose weighted average prices with tranche ranges from $126.73 up to $140.65 per share across the reported sales.

Does the Form 4 show indirect holdings or conversions?

Yes. The filing discloses indirect holdings through Omnadora Capital LLC and several trusts, and notes Class B shares are convertible into Class A shares.