CoreWeave (CRWV) CEO reports tax- and plan-driven stock sales while keeping large stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. CEO Michael Intrator reported a mix of stock sales, conversions, and RSU exercises on June 30, 2026. Omnadora Capital LLC, an entity managed by him, sold a net 386,252 shares of Class A Common Stock in open-market transactions at weighted average prices in the mid‑$90s to just under $100 per share.
The filing notes that some of these sales were made to satisfy tax withholding obligations tied to vested restricted stock units and that certain sales were executed under a Rule 10b5-1 trading plan adopted on November 20, 2025. Intrator also acquired 248,049 shares of Class A through derivative exercises and conversions, including from restricted stock units. Following the transactions, he directly held 3,386,195 shares of Class A Common Stock and 1,093,760 restricted stock units, alongside sizable Class B holdings through his spouse and family trusts.
Positive
- None.
Negative
- None.
Insights
Net insider selling, but largely tax- and plan-driven with a large remaining stake.
The filing shows entities associated with CEO Michael Intrator sold 386,252 shares of CoreWeave Class A stock, while acquiring 248,049 shares via derivative exercises and conversions. Many sales occurred through Omnadora Capital LLC, where he may be deemed a beneficial owner but formally disclaims full ownership.
Footnotes explain that a portion of sales covered tax withholding from restricted stock unit vesting, and other sales were executed under a pre‑arranged Rule 10b5‑1 trading plan adopted on November 20, 2025. These factors suggest the timing is more mechanical than opportunistic, even though the headline signal is net selling.
After these transactions, Intrator still directly holds 3,386,195 shares of Class A Common Stock plus 1,093,760 restricted stock units, as well as substantial Class B positions through his spouse and family trusts. This indicates continued sizeable exposure to CRWV equity despite the routine liquidity and tax‑related activity reported here.
Insider Trade Summary 10b5-1
Net Seller: 386,252 shares ($37,706,822)
Net Sell
24 txns
Insider
Intrator Michael N
Role
CEO and President
Sold
386,252 shs ($37.71M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 109,380 | $0.00 | -- |
| Exercise | Restricted Stock Units | 30,977 | $0.00 | -- |
| Conversion | Class B Common Stock | 107,692 | $0.00 | -- |
| Exercise | Class A Common Stock | 109,380 | $0.00 | -- |
| Exercise | Class A Common Stock | 30,977 | $0.00 | -- |
| Sale | Class A Common Stock | 78,560 | $95.69 | $7.52M |
| Sale | Class A Common Stock | 6,423 | $94.6562 | $608K |
| Sale | Class A Common Stock | 4,692 | $95.5438 | $448K |
| Sale | Class A Common Stock | 23,581 | $96.8434 | $2.28M |
| Sale | Class A Common Stock | 76,659 | $97.7728 | $7.50M |
| Sale | Class A Common Stock | 41,901 | $98.693 | $4.14M |
| Sale | Class A Common Stock | 46,744 | $99.5359 | $4.65M |
| Conversion | Class A Common Stock | 107,692 | $0.00 | -- |
| Sale | Class A Common Stock | 3,458 | $94.6561 | $327K |
| Sale | Class A Common Stock | 2,527 | $95.5439 | $241K |
| Sale | Class A Common Stock | 12,697 | $96.8434 | $1.23M |
| Sale | Class A Common Stock | 41,278 | $97.7728 | $4.04M |
| Sale | Class A Common Stock | 22,562 | $98.693 | $2.23M |
| Sale | Class A Common Stock | 25,170 | $99.5359 | $2.51M |
| 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:
Restricted Stock Units — 1,093,760 shares (Direct, null);
Class B Common Stock — 23,449,276 shares (Indirect, Omnadora Capital LLC);
Class A Common Stock — 3,386,195 shares (Direct, null);
Class A Common Stock — 107,692 shares (Indirect, Omnadora Capital LLC);
Class B Common Stock — 21,867,489 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 reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.18 to $95.07, 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 $95.18 to $96.15, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.26 to $97.25, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.26 to $98.25, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.26 to $99.25, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.26 to $99.765, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.18 to $95.07, inclusive. The award vested or vests as to 1/16 of the total award on the last day of March, June, September, and December, subject to the reporting person's continued service to the Issuer on each vesting date. The first tranche time-vested on March 31, 2025, and such vested shares were subsequently settled on May 31, 2025, pursuant to a deferral approved by the compensation committee of the Issuer's board of directors. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. The award vested or vests as to 1/16 of the total award quarterly on the last day of June, September, December, and March, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vesting on June 30, 2025. 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 GST-Exempt 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 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 reporting person's spouse.
Key Figures
Shares sold: 386,252 shares
Derivative shares acquired: 248,049 shares
Net buy/sell direction: -386,252 shares
+5 more
8 metrics
Shares sold
386,252 shares
Aggregate Class A shares sold in open-market or private transactions
Derivative shares acquired
248,049 shares
Class A shares from exercises and conversions (M/C codes)
Net buy/sell direction
-386,252 shares
NetSellShares from transaction summary (net-sell)
Direct Class A holdings
3,386,195 shares
Total shares following transaction in final direct Class A row
Restricted stock units outstanding
1,093,760 units
RSUs total shares following transaction across two derivative RSU entries
Omnadora Class A conversion
107,692 shares
Class A shares from Class B derivative conversion held by Omnadora Capital LLC
Direct Class B underlying shares
21,867,489 shares
Underlying Class A shares for directly held Class B derivative position
Representative sale prices
$94.18–$99.77 per share
Weighted average price ranges from multiple sale footnotes
Key Terms
Restricted Stock Units, Rule 10b5-1 trading plan, Class B Common Stock, Section 16 of the Exchange Act of 1934, +2 more
6 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement."
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.
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 November 20, 2025."
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 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.
Section 16 of the Exchange Act of 1934 regulatory
"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."
GST-Exempt Trust financial
"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..."
GRAT financial
"The reported securities are directly held by the PMI 2024 F&F GRAT (the "PMI GRAT")."
FAQ
What did CoreWeave (CRWV) CEO Michael Intrator report in this Form 4?
He reported a combination of transactions on June 30, 2026, including open‑market sales totaling 386,252 shares and exercises or conversions adding 248,049 shares of Class A Common Stock, along with updated RSU and Class B holdings.
Were Michael Intrator’s CoreWeave (CRWV) stock sales pre-planned or discretionary?
The filing states that certain sales were executed under a Rule 10b5‑1 trading plan adopted on November 20, 2025. Such plans are pre‑scheduled arrangements, indicating these specific transactions followed a predefined schedule rather than ad‑hoc market timing.
Did Michael Intrator exercise or convert any CoreWeave (CRWV) equity awards?
Yes. The summary data show 248,049 shares of CoreWeave Class A Common Stock were acquired through derivative exercises and conversions, including restricted stock units and Class B Common Stock conversions, reflecting ongoing equity compensation activity.