CoreWeave Form 4 shows insider Class B to Class A conversion

Rhea-AI Filing Summary

CoreWeave, Inc. (CRWV) reported an insider transaction by a company officer serving as Chief Development Officer. On 11/18/2025, the insider reported a transaction coded “C,” reflecting the conversion of 600,000 shares of Class B common stock into 600,000 shares of Class A common stock.

After this transaction, the insider beneficially owned 785,181 shares of Class A common stock directly, with additional Class A shares held indirectly, including 60,000 shares through the Canis Major SM Trust and 1,800 shares held of record by a minor child. The filing notes that each share of Class B common stock is convertible into one share of Class A common stock and details multiple family and trust vehicles that hold additional convertible Class B interests.

Insider Trade Summary

600,000 shares exercised/converted

Mixed 11 txns

Insider McBee Brannin

Role Chief Development Officer

Type	Security	Shares	Price	Value
Conversion	Class B Common Stock	600,000	$0.00	--
Conversion	Class A Common Stock	600,000	$0.00	--
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	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class B Common Stock — 9,442,260 shares (Direct); Class A Common Stock — 785,181 shares (Direct); Class B Common Stock — 4,266,020 shares (Indirect, Brannin J. McBee 2022 Irrevocable Trust); Class A Common Stock — 60,000 shares (Indirect, Canis Major SM Trust)

Footnotes (1)

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 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 minor child. 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 the reporting person's spouse. 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 Major 2025 GRAT, of which the reporting person is the sole trustee and beneficiary. The reported securities are directly held by the Canis Minor 2025 Family Trust LLC, of which the reporting person serves as manager. The reported securities are directly held by the Canis Minor 2025 GRAT, of which the reporting person's spouse is the sole beneficiary and trustee.

Form 4 Insider Transactions: What Each Field Means →

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).

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^*

McBee Brannin

(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)
	Chief Development Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/18/2025

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	11/18/2025		C		600,000	A	(1)	785,181	D
Class A Common Stock								60,000	I	Canis Major SM Trust(2)
Class A Common Stock								1,800	I	See Footnote(3)

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	(1)	11/18/2025		C			600,000	(1)	(1)	Class A Common Stock	600,000	(1)	9,442,260	D
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	4,266,020		4,266,020	I	Brannin J. McBee 2022 Irrevocable Trust(4)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	2,300,300		2,300,300	I	By Spouse(5)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	360,000		360,000	I	Canis Major 2024 Irrevocable Trust LLC(6)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	104,000		104,000	I	Canis Major 2025 Family Trust LLC(7)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	6,000,000		6,000,000	I	Canis Major 2025 GRAT(8)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	114,000		114,000	I	Canis Minor 2025 Family Trust LLC(9)
Class B Common Stock	(1)							(1)	(1)	Class A Common Stock	1,000,000		1,000,000	I	Canis Minor 2025 GRAT(10)

Explanation of Responses:

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.

2. 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.

3. The reported securities are directly held of record by the reporting person's minor child.

4. 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.

5. The reported securities are directly held by the reporting person's spouse.

6. The reported securities are directly held by the Canis Major 2024 Irrevocable Trust LLC of which the reporting person serves as manager.

7. The reported securities are directly held by the Canis Major 2025 Family Trust LLC, of which the reporting person serves as manager.

8. The reported securities are directly held by the Canis Major 2025 GRAT, of which the reporting person is the sole trustee and beneficiary.

9. The reported securities are directly held by the Canis Minor 2025 Family Trust LLC, of which the reporting person serves as manager.

10. The reported securities are directly held by the Canis Minor 2025 GRAT, of which the reporting person's spouse is the sole beneficiary and trustee.

	/s/ Nisha Antony, as Attorney-in-Fact	11/20/2025
	** 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 insider transaction did CoreWeave (CRWV) report in this Form 4?

The filing reports that on 11/18/2025 a CoreWeave officer converted 600,000 shares of Class B common stock into 600,000 shares of Class A common stock, coded as transaction type “C.”

How many CoreWeave (CRWV) Class A shares does the insider own directly after the transaction?

Following the reported transaction, the insider beneficially owned 785,181 shares of CoreWeave Class A common stock directly, in addition to shares held indirectly through family-related entities.

What does the Class B to Class A conversion mean for CoreWeave (CRWV) shares?

The filing states that each share of Class B common stock is convertible into one share of Class A common stock at any time at the holder’s election or automatically upon certain transfers or events described in CoreWeave’s Amended and Restated Certificate of Incorporation.

Which indirect holdings are disclosed for the CoreWeave (CRWV) insider?

Indirect holdings include 60,000 Class A shares held by the Canis Major SM Trust, 1,800 Class A shares held of record by the insider’s minor child, and additional Class A equivalents underlying Class B stock held by several family trusts and GRATs.

What is the insider’s role at CoreWeave (CRWV)?

The reporting person is identified as an officer of CoreWeave, Inc. with the title Chief Development Officer and is also shown as filing individually rather than as part of a group.

How are family trusts involved in the CoreWeave (CRWV) insider’s holdings?

The filing explains that various family-related entities, including the Brannin J. McBee 2022 Irrevocable Trust, several Canis Major and Canis Minor family trusts and GRATs, and the insider’s spouse and minor child, directly hold securities that contribute to the insider’s beneficial ownership.