CRWV Form 4: McVeety executes 10b5-1 sales, Jackfruit 2024 GRAT liquidated
Rhea-AI Filing Summary
Kristen J. McVeety, General Counsel and Secretary of CoreWeave, Inc. (CRWV), reported multiple sales of Class A common stock on 09/22/2025 executed under a Rule 10b5-1 trading plan adopted May 28, 2025. The Form 4 lists a sequence of dispositions in which blocks of shares were sold at weighted-average prices ranging roughly from $119.71 to $136.20 per share. The reported transactions show the indirectly held shares in the Jackfruit 2024 GRAT declining stepwise from 88,339 shares down to 0 following the final sale, with individual sale sizes and weighted-average prices disclosed in the filing.
Positive
- Sales were executed under a Rule 10b5-1 trading plan, indicating transactions were pre-arranged and compliant with insider-trading procedures
- Filing includes detailed weighted-average prices and ranges for each block of shares sold, enhancing transparency
Negative
- Indirect holdings in the Jackfruit 2024 GRAT were fully liquidated, declining from 88,339 shares to 0 after the reported transactions
- Substantial share disposals on a single date (09/22/2025) materially reduced the reporting person's indirect stake in CRWV
Insights
TL;DR: Insider executed pre-planned sales that fully liquidated indirect holdings in a grantor-retained annuity trust.
The Form 4 documents systematic dispositions by Kristen McVeety of Class A common stock held indirectly in the Jackfruit 2024 GRAT. Sales were executed on 09/22/2025 pursuant to a Rule 10b5-1 plan adopted May 28, 2025, with weighted-average execution prices disclosed across a range of roughly $119.71 to $136.20. The filing shows the indirect position in the GRAT falling to zero after the final reported sale. From a disclosure standpoint, the filing is complete: it specifies the filing person, relationship to the issuer, the trading-plan origin, transaction dates, share counts, and weighted-average prices.
TL;DR: Reported trades followed a documented trading plan; ownership moved from material indirect holdings to nil.
The report clarifies the reporter is sole trustee and beneficiary of the Jackfruit 2024 GRAT, which held the shares sold. The explanation notes the use of a 10b5-1 plan and provides price ranges for each block of sales. The disclosure that the indirect holdings reached zero is material to ownership disclosure and corporate governance records; the filing includes customary footnote detail on weighted-average prices and ranges, enabling verification on request.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,661 | $120.1487 | $800K |
| Sale | Class A Common Stock | 13,362 | $121.136 | $1.62M |
| Sale | Class A Common Stock | 11,101 | $122.1298 | $1.36M |
| Sale | Class A Common Stock | 2,820 | $123.2255 | $347K |
| Sale | Class A Common Stock | 2,306 | $124.3014 | $287K |
| Sale | Class A Common Stock | 4,786 | $125.2964 | $600K |
| Sale | Class A Common Stock | 10,604 | $126.4822 | $1.34M |
| Sale | Class A Common Stock | 5,524 | $127.2108 | $703K |
| Sale | Class A Common Stock | 1,023 | $128.3936 | $131K |
| Sale | Class A Common Stock | 998 | $129.8175 | $130K |
| Sale | Class A Common Stock | 10,716 | $130.9863 | $1.40M |
| Sale | Class A Common Stock | 9,673 | $131.8263 | $1.28M |
| Sale | Class A Common Stock | 8,222 | $132.7062 | $1.09M |
| Sale | Class A Common Stock | 3,536 | $133.8993 | $473K |
| Sale | Class A Common Stock | 2,772 | $134.6436 | $373K |
| Sale | Class A Common Stock | 896 | $135.8581 | $122K |
Footnotes (1)
- The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.71 to $120.69, 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 2 and in footnotes 4 through 18. The reported securities are directly held by the Jackfruit 2024 GRAT, of which the reporting person is the sole trustee and beneficiary. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.71 to $121.70, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.71 to $122.65, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.80 to $123.78, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.82 to $124.64, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.865 to $125.81, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.91 to $126.89, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.92 to $127.79, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.93 to $128.91, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $129.35 to $130.19, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.355 to $131.32, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.34 to $132.33, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $132.34 to $133.33, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.35 to $134.33, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.35 to $135.31, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.50 to $136.20, inclusive.