STOCK TITAN

CRWV Insider Goldberg Chen Disposes 56,294 Class A Shares via 10b5-1 Plan

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

Rhea-AI Filing Summary

CoreWeave insider sales under a Rule 10b5-1 plan: SVP of Engineering Goldberg Chen sold a total of 56,294 shares of Class A common stock in multiple transactions executed on 09/02/2025, using a pre-established 10b5-1 trading plan. Sales occurred across several price bands with weighted-average prices reported between about $90.76 and $96.77 per share. After these dispositions the reporting person’s remaining direct beneficial ownership is reported as 18,764 shares. The Form 4 discloses the transactions, the 10b5-1 plan adoption date, and weighted-average price ranges for each tranche of shares sold.

Positive

  • Sales executed under a Rule 10b5-1 plan, indicating pre-arranged, compliant trading
  • Detailed disclosure of weighted-average price ranges and offer to provide transaction-level price details on request
  • Form 4 filed and signed by attorney-in-fact, showing procedural compliance with reporting rules

Negative

  • Insider sold a substantial block of shares (56,294 shares), reducing direct ownership to 18,764 shares
  • Concentrated sales on a single date could be perceived negatively by some market participants despite 10b5-1 protection

Insights

TL;DR: Insider executed planned, rule-compliant sales; signals liquidity management rather than an undisclosed company issue.

The transactions were implemented under a Rule 10b5-1 plan adopted June 3, 2025, which provides an affirmative defense against insider trading claims when properly structured. The filer reported multiple tranches sold on a single date with weighted-average prices disclosed, and the Form 4 was executed by an attorney-in-fact, indicating formal compliance and timely reporting. On governance grounds this appears routine and procedurally sound, but the size of cumulative sales relative to total holdings should be monitored for ownership dilution or potential messaging effects.

TL;DR: Significant insider share sales were disclosed, but they were executed under a pre-established plan and thus are likely non-material to company operations.

The report shows six blocks totaling 56,294 Class A shares sold at weighted-average prices spanning roughly $90.76 to $96.77. The remaining direct beneficial ownership reported after the last sale is 18,764 shares. For investors, the key datapoints are the sale volume and price ranges; without information on the insider’s prior total holdings or percentage ownership, the market impact is indeterminate. The disclosure meets SEC Form 4 requirements and includes explanatory footnotes about price ranges and availability of transaction-level details.

Insider Goldberg Chen
Role SVP of Engineering
Sold 56,294 shs ($5.24M)
Type Security Shares Price Value
Sale Class A Common Stock 6,614 $91.3564 $604K
Sale Class A Common Stock 23,643 $92.3101 $2.18M
Sale Class A Common Stock 8,794 $93.2584 $820K
Sale Class A Common Stock 7,038 $94.2295 $663K
Sale Class A Common Stock 7,394 $95.2769 $704K
Sale Class A Common Stock 2,811 $96.1761 $270K
Holdings After Transaction: Class A Common Stock — 68,444 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 June 3, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.76 to $91.75, 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 7 of this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.76 to $92.75, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.76 to $93.75, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.77 to $94.74, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.79 to $95.78, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.81 to $96.77, inclusive.
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*
Goldberg Chen

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP of Engineering
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025
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 09/02/2025 S(1) 6,614 D $91.3564(2) 68,444 D
Class A Common Stock 09/02/2025 S(1) 23,643 D $92.3101(3) 44,801 D
Class A Common Stock 09/02/2025 S(1) 8,794 D $93.2584(4) 36,007 D
Class A Common Stock 09/02/2025 S(1) 7,038 D $94.2295(5) 28,969 D
Class A Common Stock 09/02/2025 S(1) 7,394 D $95.2769(6) 21,575 D
Class A Common Stock 09/02/2025 S(1) 2,811 D $96.1761(7) 18,764 D
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
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 June 3, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.76 to $91.75, 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 7 of this Form 4.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.76 to $92.75, inclusive.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.76 to $93.75, inclusive.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.77 to $94.74, inclusive.
6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.79 to $95.78, inclusive.
7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.81 to $96.77, inclusive.
/s/ Kristen McVeety, as Attorney-in-Fact 09/04/2025
** 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 transactions did CoreWeave insider Goldberg Chen report on Form 4 (CRWV)?

The filing reports six sales totaling 56,294 Class A shares executed on 09/02/2025 under a Rule 10b5-1 trading plan.

Were the sales by the reporting person pre-planned or discretionary?

The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted June 3, 2025, indicating pre-planned transactions.

What price ranges were reported for the sold shares?

Weighted-average prices are disclosed for each tranche with individual transaction price ranges from about $90.76 to $96.77 per share across the tranches.

How many shares does the reporting person own after the sales?

The reporting person’s direct beneficial ownership following the reported transactions is 18,764 shares of Class A common stock.

Does the Form 4 provide additional transaction-level price details?

Yes, the filer offers to provide full information on the number of shares sold at each separate price within the disclosed ranges to the issuer, any security holder, or SEC staff upon request.