CDO McBee sells 166,665 CoreWeave (CRWV) shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave Chief Development Officer Brannin McBee converted and sold Class A Common Stock in a planned liquidity transaction. On April 6, 2026, he converted 166,665 shares of Class B Common Stock into the same number of Class A shares at $0.00 per share, then sold 166,665 Class A shares in open-market trades at weighted average prices around $80–$82 per share under a Rule 10b5-1 trading plan. Following these sales, he continues to hold 313,732 Class A shares directly and 7,491,660 Class B shares directly, along with additional indirect positions and Class B interests in multiple family trusts and grantor retained annuity trusts convertible into Class A stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 166,665 shares ($13,541,374)
Net Sell
32 txns
Insider
McBee Brannin
Role
Chief Development Officer
Sold
166,665 shs ($13.54M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 100,000 | $0.00 | -- |
| Conversion | Class B Common Stock | 16,665 | $0.00 | -- |
| Conversion | Class B Common Stock | 16,665 | $0.00 | -- |
| Conversion | Class B Common Stock | 27,085 | $0.00 | -- |
| Conversion | Class B Common Stock | 6,250 | $0.00 | -- |
| Conversion | Class A Common Stock | 100,000 | $0.00 | -- |
| Sale | Class A Common Stock | 14,947 | $80.3825 | $1.20M |
| Sale | Class A Common Stock | 54,970 | $81.1392 | $4.46M |
| Sale | Class A Common Stock | 30,083 | $81.8822 | $2.46M |
| Conversion | Class A Common Stock | 16,665 | $0.00 | -- |
| Sale | Class A Common Stock | 2,675 | $80.4019 | $215K |
| Sale | Class A Common Stock | 9,002 | $81.1511 | $731K |
| Sale | Class A Common Stock | 4,988 | $81.8774 | $408K |
| Conversion | Class A Common Stock | 16,665 | $0.00 | -- |
| Sale | Class A Common Stock | 2,675 | $80.4019 | $215K |
| Sale | Class A Common Stock | 9,002 | $81.1511 | $731K |
| Sale | Class A Common Stock | 4,988 | $81.8773 | $408K |
| Conversion | Class A Common Stock | 27,085 | $0.00 | -- |
| Sale | Class A Common Stock | 4,347 | $80.4019 | $350K |
| Sale | Class A Common Stock | 14,631 | $81.1511 | $1.19M |
| Sale | Class A Common Stock | 8,107 | $81.8774 | $664K |
| Conversion | Class A Common Stock | 6,250 | $0.00 | -- |
| Sale | Class A Common Stock | 1,003 | $80.4015 | $81K |
| Sale | Class A Common Stock | 3,377 | $81.1511 | $274K |
| Sale | Class A Common Stock | 1,870 | $81.8773 | $153K |
| 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 A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 7,491,660 shares (Direct);
Class B Common Stock — 2,163,645 shares (Indirect, By Spouse);
Class A Common Stock — 413,732 shares (Direct);
Class A Common Stock — 16,665 shares (Indirect, By Spouse)
Footnotes (1)
- 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 transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.63 to $80.62, 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 $80.63 to $81.62, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.63 to $82.22, inclusive. The reported securities are directly held by the reporting person's spouse. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.63 to $80.62, inclusive. The reported securities are directly held by a grantor retained annuity trust, of which the reporting person is the sole trustee and beneficiary. 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. The reported securities are directly held by a grantor retained annuity trust, of which the reporting person's spouse is the sole beneficiary and trustee. The reported securities are directly held by the Canis Major SM Trust (the "Canis Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the Canis Trust's trustee. The reported securities are directly held of record by the reporting person's child. The reported securities are directly held by the Canis Major 2024 Irrevocable Trust LLC of which the reporting person serves as manager. The reported securities are directly held by the Canis Major 2025 Family Trust LLC, of which the reporting person serves as manager. The reported securities are directly held by the Canis Minor 2025 Family Trust LLC, of which the reporting person serves as manager.
Key Figures
Class B converted: 166,665 shares
Class A sold: 166,665 shares
Sale price range: $79.63–$82.22/share
+4 more
7 metrics
Class B converted
166,665 shares
Class B Common Stock converted to Class A on April 6, 2026
Class A sold
166,665 shares
Net sell shares across direct, spouse, and trust accounts
Sale price range
$79.63–$82.22/share
Weighted average price ranges from multiple sale tranches
Direct Class A after trades
313,732 shares
Direct Class A Common Stock held by McBee post-transaction
Direct Class B after trades
7,491,660 shares
Direct Class B Common Stock held by McBee post-transaction
Major GRAT derivative holding
1,582,773 shares
Class A underlying Canis Major 2026 GRAT Class B position
Rule 10b5-1 adoption date
November 17, 2025
Pre-planned trading arrangement for reported sales
Key Terms
Rule 10b5-1 trading plan, Class B Common Stock, grantor retained annuity trust, irrevocable trust, +1 more
5 terms
Rule 10b5-1 trading plan financial
"sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
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.
grantor retained annuity trust financial
"directly held by a grantor retained annuity trust, of which the reporting person is the sole trustee"
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
irrevocable trust financial
"the Canis Major SM Trust, an irrevocable trust with a third-party trustee"
weighted average price financial
"The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions"
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.
FAQ
What insider transactions did Brannin McBee report at CoreWeave (CRWV)?
Brannin McBee reported converting 166,665 shares of Class B Common Stock into Class A and selling 166,665 Class A shares in open-market trades, alongside related conversions and sales by family and trust accounts, all dated April 6, 2026.
Were Brannin McBee’s CoreWeave (CRWV) stock sales pre-planned under Rule 10b5-1?
Yes. A footnote states the reported sale was effected under a Rule 10b5-1 trading plan adopted on November 17, 2025, indicating the trades were pre-scheduled rather than timed discretionarily around short-term market developments.
What happened to McBee’s spouse and trust holdings of CoreWeave (CRWV) stock?
His spouse and several grantor retained annuity trusts converted Class B into Class A shares and then sold those Class A shares. Some trusts, such as Canis Major SM Trust, continue to hold Class A stock, while other vehicles retain convertible Class B positions.
What Class B derivative positions linked to CoreWeave (CRWV) remain after the filing?
Indirectly held Class B Common Stock remains outstanding in several entities, including positions convertible into 1,582,773 Class A shares in the Canis Major 2026 GRAT and other family trust LLCs with underlying Class A share interests disclosed in the derivative summary.