CoreWeave (CRWV) EVP converts RSUs, sells 18,950 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoreWeave EVP, Product & Engineering Goldberg Chen reported RSU vesting and related share sales. On February 20, 2026, 34,780 restricted stock units converted into an equal number of Class A Common shares at $0 per share.
On the same date, Chen sold 1,004 Class A shares at $88.97 and 17,946 Class A shares at a weighted average $90.9399 to satisfy tax withholding obligations from the RSU vesting, leaving 58,689 Class A shares directly owned. The RSU award vested 25% on February 20, 2026 and continues to vest in equal quarterly installments, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18,950 shares ($1,721,333)
Net Sell
4 txns
Insider
Goldberg Chen
Role
EVP, Product & Engineering
Sold
18,950 shs ($1.72M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 34,780 | $0.00 | -- |
| Exercise | Class A Common Stock | 34,780 | $0.00 | -- |
| Sale | Class A Common Stock | 1,004 | $88.97 | $89K |
| Sale | Class A Common Stock | 17,946 | $90.9399 | $1.63M |
Holdings After Transaction:
Restricted Stock Units — 104,340 shares (Direct);
Class A Common Stock — 77,639 shares (Direct)
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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.13 to $90.94, 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 award vested as to 1/4 of the total award on February 20, 2026, and vests thereafter as to 1/16 of the total award on the 20th calendar day of May, August, November, and February, subject to the reporting person's continued service to the Issuer on each vesting date. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
FAQ
What insider transactions did CoreWeave (CRWV) EVP Goldberg Chen report?
Goldberg Chen reported RSU vesting and related share sales. On February 20, 2026, 34,780 restricted stock units converted into Class A shares, followed by open-market sales of 18,950 shares to cover tax withholding obligations stemming from the RSU vesting and settlement.
What are the vesting terms of Goldberg Chen’s CoreWeave restricted stock units?
The award vested as to one quarter of the total on February 20, 2026. The remaining three quarters vest in 1/16 increments on the 20th of May, August, November, and February, conditioned on Chen’s continued service with CoreWeave on each scheduled vesting date.
Do Goldberg Chen’s CoreWeave restricted stock units expire if unvested?
The filing notes that these restricted stock units do not expire in the traditional option sense. Instead, they either vest according to the stated schedule, subject to continued service, or are cancelled before a vesting date if the applicable vesting conditions are not satisfied.