CoreWeave (NASDAQ: CRWV) GC Kristen McVeety’s GRAT sells 95,000 shares
Rhea-AI Filing Summary
CoreWeave, Inc. GC and Secretary Kristen J. McVeety reported that the Jackfruit 2024 GRAT, for which she is the sole trustee and beneficiary, sold 95,000 shares of Class A Common Stock on September 22, 2025 in multiple open-market or private transactions.
The filing notes weighted-average prices across tranches, with examples of ranges such as $119.71–$120.69 and $135.50–$136.20 per share, and states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted on May 28, 2025. Following these transactions, the Jackfruit 2024 GRAT held 0 shares of Class A Common Stock.
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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 (18)
- F1. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2025.
- F2. 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.
- F3. The reported securities are directly held by the Jackfruit 2024 GRAT, of which the reporting person is the sole trustee and beneficiary.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. 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.
- F10. 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.
- F11. 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.
- F12. 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.
- F13. 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.
- F14. 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.
- F15. 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.
- F16. 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.
- F17. 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.
- F18. 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
GRAT financial
weighted average price financial
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FAQ
What insider transaction did CoreWeave (CRWV) report for Kristen J. McVeety?
CoreWeave reported that the Jackfruit 2024 GRAT, associated with GC Kristen J. McVeety, sold 95,000 shares of Class A Common Stock on September 22, 2025. The trust executed multiple open-market or private transactions under a disclosed Rule 10b5-1 trading plan.
Was the CoreWeave (CRWV) insider sale made under a Rule 10b5-1 trading plan?
Yes. A footnote states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Kristen J. McVeety on May 28, 2025. Such plans are pre-arranged trading programs intended to structure insider stock sales.