CoreWeave (CRWV) CDO converts and sells 197,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
CoreWeave, Inc. Chief Development Officer Brannin McBee reported converting 197,000 shares of Class B Common Stock into 197,000 shares of Class A Common Stock on August 10, 2026. On the same date, McBee, a spouse, and related trusts sold 197,000 Class A shares in multiple open-market transactions under a Rule 10b5-1 trading plan adopted on March 5, 2026, at weighted-average prices within stated ranges.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
32 txns
Insider
McBee Brannin
Role
Chief Development Officer
Sold
197,000 shs ($17.68M)
Approx. gross sale proceeds
$17.68M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1 | 144,000 | -- | -- |
| Conversion | Class B Common Stock F1, F9 | 25,000 | -- | -- |
| Conversion | Class B Common Stock F1, F11 | 25,000 | -- | -- |
| Conversion | Class B Common Stock F1, F12 | 3,000 | -- | -- |
| Conversion | Class A Common Stock F1 | 144,000 | -- | -- |
| Sale | Class A Common Stock F2, F3 | 47,344 | $88.7022 | $4.20M |
| Sale | Class A Common Stock F2, F4 | 53,138 | $89.7014 | $4.77M |
| Sale | Class A Common Stock F2, F5 | 31,682 | $90.5476 | $2.87M |
| Sale | Class A Common Stock F2, F6 | 10,353 | $91.5994 | $948K |
| Sale | Class A Common Stock F2, F7 | 907 | $92.4899 | $84K |
| Sale | Class A Common Stock F2, F8 | 576 | $93.5016 | $54K |
| Conversion | Class A Common Stock F1, F9 | 25,000 | -- | -- |
| Sale | Class A Common Stock F2, F10, F9 | 8,223 | $88.7019 | $729K |
| Sale | Class A Common Stock F2, F4, F9 | 9,198 | $89.7009 | $825K |
| Sale | Class A Common Stock F2, F5, F9 | 5,511 | $90.5481 | $499K |
| Sale | Class A Common Stock F2, F6, F9 | 1,802 | $91.5994 | $165K |
| Sale | Class A Common Stock F2, F7, F9 | 162 | $92.49 | $15K |
| Sale | Class A Common Stock F2, F8, F9 | 104 | $93.4974 | $10K |
| Conversion | Class A Common Stock F1, F11 | 25,000 | -- | -- |
| Sale | Class A Common Stock F2, F10, F11 | 8,220 | $88.7022 | $729K |
| Sale | Class A Common Stock F2, F4, F11 | 9,225 | $89.7012 | $827K |
| Sale | Class A Common Stock F2, F5, F11 | 5,500 | $90.5476 | $498K |
| Sale | Class A Common Stock F2, F6, F11 | 1,797 | $91.5994 | $165K |
| Sale | Class A Common Stock F2, F7, F11 | 158 | $92.4901 | $15K |
| Sale | Class A Common Stock F2, F8, F11 | 100 | $93.501 | $9K |
| Conversion | Class A Common Stock F1, F12 | 3,000 | -- | -- |
| Sale | Class A Common Stock F2, F10, F12 | 983 | $88.7025 | $87K |
| Sale | Class A Common Stock F2, F4, F12 | 1,118 | $89.7056 | $100K |
| Sale | Class A Common Stock F2, F5, F12 | 658 | $90.5462 | $60K |
| Sale | Class A Common Stock F2, F6, F12 | 214 | $91.5986 | $20K |
| Sale | Class A Common Stock F2, F7, F12 | 17 | $92.4929 | $2K |
| Sale | Class A Common Stock F2, F8, F12 | 10 | $93.501 | $935.01 |
Holdings After Transaction:
Class B Common Stock — 5,610,894 shares (Direct);
Class B Common Stock — 1,830,300 shares (Indirect, By Spouse);
Class B Common Stock — 3,391,020 shares (Indirect, Brannin J. McBee 2022 Irrevocable Trust);
Class B Common Stock — 294,000 shares (Indirect, Canis Major 2024 Irrevocable Trust LLC);
Class A Common Stock — 323,263 shares (Direct);
Class A Common Stock — 0 shares (Indirect, By Spouse);
Class A Common Stock — 0 shares (Indirect, Brannin J McBee 2022 Irrevocable Trust);
Class A Common Stock — 0 shares (Indirect, Canis Major 2024 Irrevocable Trust LLC)
Footnotes (12)
- F1. 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.
- F2. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 5, 2026.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.19 to $89.18, 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.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.19 to $90.18, inclusive.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.19 to $91.18, inclusive.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.19 to $92.085, inclusive.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.19 to $92.88, inclusive.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.31 to $93.90, inclusive.
- F9. The reported securities are directly held by the reporting person's spouse.
- F10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.19 to $89.18, inclusive.
- F11. The reported securities are directly held by the Brannin J. McBee 2022 Irrevocable Trust, of which the reporting person's spouse and minor child are beneficiaries and for which the reporting person's spouse serves as trustee.
- F12. The reported securities are directly held by the Canis Major 2024 Irrevocable Trust LLC of which the reporting person serves as manager.
Key Figures
Class B to Class A conversion: 197,000 shares
Class A shares sold: 197,000 shares
Price range of sales: $88.19–$93.90 per share
+3 more
6 metrics
Class B to Class A conversion
197,000 shares
Class B Common Stock converted into Class A Common Stock on August 10, 2026
Class A shares sold
197,000 shares
Total Class A Common Stock sold by McBee, spouse, and related trusts
Price range of sales
$88.19–$93.90 per share
Footnoted weighted-average sale price ranges across multiple trade groups
10b5-1 plan adoption date
March 5, 2026
Rule 10b5-1 trading plan under which the reported sales were effected
Direct Class B holdings after transaction
5,610,894 shares
Direct Class B Common Stock held following one reported conversion transaction
Net share direction
-197,000 shares
Net buy/sell shares across all reported transactions (net-sell)
Key Terms
Rule 10b5-1 trading plan, Class B Common Stock, weighted average price, irrevocable trust
4 terms
Rule 10b5-1 trading plan financial
"reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan"
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.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible into one share of the Issuer's Class A"
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.
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.
irrevocable trust financial
"the Brannin J. McBee 2022 Irrevocable Trust, of which the reporting person's spouse"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
FAQ
What did CoreWeave (CRWV) insider Brannin McBee do on August 10, 2026?
Brannin McBee converted 197,000 Class B shares into Class A shares and, together with a spouse and related trusts, sold 197,000 Class A shares in multiple open-market transactions on August 10, 2026.
Were Brannin McBee’s CoreWeave (CRWV) stock sales under a 10b5-1 plan?
Yes. The filing states the reported sales were effected pursuant to a Rule 10b5-1 trading plan that Brannin McBee adopted on March 5, 2026, and the document-level Rule 10b5-1 checkbox is marked as affirmative.
AI-generated analysis. How Rhea-AI works. Not financial advice.
