CoreWeave director entities sell 986,540 shares
CoreWeave, Inc. director Jack D. Cogen reported multiple indirect open-market sales of Class A Common Stock through entities he manages or is associated with.
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Form Type
4
Rhea-AI Filing Summary
CoreWeave, Inc. director Jack D. Cogen reported multiple indirect open-market sales of Class A Common Stock through entities he manages or is associated with. Entities including CW Holding 987 LLC and several "Br Trust" LLCs sold an aggregate of 986,540 shares across 20 transactions.
The reported sales occurred on May 26, 2026 at weighted average prices generally between about $106.00 and $109.10 per share, as detailed in several price-range footnotes. Certain branch trusts, such as Willow, Maple, Chestnut and Birch Br Trust LLC, reduced their reported positions in Class A shares to zero, while other trusts and family vehicles continue to hold shares. The filing notes that Cogen disclaims beneficial ownership of securities held by these entities except to the extent of any pecuniary interest.
Insider Trade Summary
Net Seller: 986,540 shares
Net Sell
30 txns
Insider
Cogen Jack D
Role
Director
Sold
986,540 shs ($106.35M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 21,037 | $106.5411 | $2.24M |
| Sale | Class A Common Stock | 23,265 | $107.4269 | $2.50M |
| Sale | Class A Common Stock | 64,582 | $108.3189 | $7.00M |
| Sale | Class A Common Stock | 1,116 | $109.0156 | $122K |
| Sale | Class A Common Stock | 21,037 | $106.5411 | $2.24M |
| Sale | Class A Common Stock | 23,265 | $107.4269 | $2.50M |
| Sale | Class A Common Stock | 64,582 | $108.3189 | $7.00M |
| Sale | Class A Common Stock | 1,116 | $109.0156 | $122K |
| Sale | Class A Common Stock | 21,037 | $106.5411 | $2.24M |
| Sale | Class A Common Stock | 23,265 | $107.4269 | $2.50M |
| Sale | Class A Common Stock | 64,582 | $108.3189 | $7.00M |
| Sale | Class A Common Stock | 1,116 | $109.0156 | $122K |
| Sale | Class A Common Stock | 21,037 | $106.5411 | $2.24M |
| Sale | Class A Common Stock | 23,265 | $107.4269 | $2.50M |
| Sale | Class A Common Stock | 64,582 | $108.3189 | $7.00M |
| Sale | Class A Common Stock | 1,116 | $109.0156 | $122K |
| Sale | Class A Common Stock | 104,525 | $106.5411 | $11.14M |
| Sale | Class A Common Stock | 115,592 | $107.4269 | $12.42M |
| Sale | Class A Common Stock | 320,877 | $108.3189 | $34.76M |
| Sale | Class A Common Stock | 5,546 | $109.0156 | $605K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 0 shares (Indirect, Birch Br Trust LLC);
Class A Common Stock — 0 shares (Indirect, Chestnut Br Trust LLC);
Class A Common Stock — 0 shares (Indirect, Maple Br Trust LLC);
Class A Common Stock — 0 shares (Indirect, Willow Br Trust LLC);
Class A Common Stock — 9,783,136 shares (Indirect, CW Holding 987 LLC);
Class A Common Stock — 261,140 shares (Direct);
Class A Common Stock — 654,200 shares (Indirect, Birch Tree Trust LLC);
Class A Common Stock — 146,613 shares (Indirect, By Spouse);
Class A Common Stock — 116,167 shares (Indirect, Cherry Tree 2024 GRAT);
Class A Common Stock — 654,200 shares (Indirect, Chestnut Tree Trust LLC);
Class A Common Stock — 1,200,000 shares (Indirect, Cogen Family Trust, dated December 17, 2012);
Class A Common Stock — 19,200 shares (Indirect, Jack D. Cogen 2020 Family Trust);
Class A Common Stock — 654,200 shares (Indirect, Maple Tree Trust LLC);
Class A Common Stock — 200,000 shares (Indirect, Pine Tree Trust LLC);
Class A Common Stock — 654,200 shares (Indirect, Willow Tree Trust LLC)
Footnotes (20)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.00 to $106.99, 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.
- F2. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act over securities held by the entity, except to the extent of his pecuniary interest therein, if any.
- F3. The reported securities are directly held by the Birch Br Trust LLC, of which the reporting person is the manager.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.00 to $107.985, inclusive.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.99 to $108.97, inclusive.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.98 to $109.10, inclusive.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.00 to $106.99, inclusive.
- F8. The reported securities are directly held by the Chestnut Br Trust LLC, of which the reporting person is the manager.
- F9. The reported securities are directly held by the Maple Br Trust LLC, of which the reporting person is the manager.
- F10. The reported securities are directly held by the Willow Br Trust LLC, of which the reporting person is the manager.
- F11. The reported securities are directly held by CW Holding 987 LLC, of which the reporting person serves as manager.
- F12. The reported securities are directly held by the Birch Tree Trust LLC, of which the reporting person is the manager.
- F13. The reported securities are directly held by the reporting person's spouse.
- F14. The reported securities are directly held by the Cherry Tree 2024 GRAT, of which the reporting person is trustee and his spouse is beneficiary.
- F15. The reported securities are directly held by the Chestnut Tree Trust LLC, of which the reporting person is the manager.
- F16. The reported securities are directly held by the Cogen Family Trust, dated December 17, 2012, of which the reporting person's spouse serves as co-trustee and of which his spouse and daughter are beneficiaries.
- F17. The reported securities are directly held by the Jack D. Cogen 2020 Family Trust (the "2020 Trust"), an irrevocable trust with a third-party trustee. The reporting person's spouse and daughter are beneficiaries of the 2020 Trust and the reporting person has the power to remove and replace the trustee.
- F18. The reported securities are directly held by the Maple Tree Trust LLC, of which the reporting person is the manager.
- F19. The reported securities were directly held by Pine Tree Trust LLC, of which the reporting person serves as manager.
- F20. The reported securities are directly held by the Willow Tree Trust LLC, of which the reporting person is the manager.
Key Figures
Total shares sold: 986,540 shares
Reported price range (low): $106.00 per share
Reported price range (high): $109.10 per share
+3 more
6 metrics
Total shares sold
986,540 shares
Aggregate open-market sales across 20 transactions
Reported price range (low)
$106.00 per share
Lower end of weighted average ranges in footnotes
Reported price range (high)
$109.10 per share
Upper end of weighted average ranges in footnotes
Largest single sale block
320,877 shares
Non-derivative sale by CW Holding 987 LLC at $108.3189
Sale at $106.5411
21,037 shares
Non-derivative sale by multiple Br Trust LLC entities
Sale at $107.4269
23,265 shares
Non-derivative sale by several Br Trust LLC entities
Key Terms
weighted average price, beneficial ownership, Section 16 of the Exchange Act, pecuniary interest, +2 more
6 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
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.
beneficial ownership regulatory
"The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act..."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 of the Exchange Act regulatory
"The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act..."
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any."
GRAT financial
"The reported securities are directly held by the Cherry Tree 2024 GRAT, of which the reporting person is trustee..."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CoreWeave (CRWV) report for Jack D. Cogen?
CoreWeave reported that entities associated with director Jack D. Cogen executed multiple open-market sales of Class A Common Stock. These indirect transactions involved family trusts and CW Holding 987 LLC, reflecting changes in holdings at those entities rather than direct personal trades by Cogen.
Did any entities fully exit their CoreWeave (CRWV) holdings in this filing?
Yes. The Willow Br Trust LLC, Maple Br Trust LLC, Chestnut Br Trust LLC and Birch Br Trust LLC each reported total shares following certain transactions as 0.0000. This indicates those specific entities no longer held the reported Class A shares after the disclosed sales.
How does Jack D. Cogen describe his beneficial ownership of CoreWeave (CRWV) through these entities?
A footnote states that Cogen disclaims beneficial ownership for Section 16 purposes over securities held by the entities, except to the extent of his pecuniary interest, if any. This clarifies that holdings are legally attributed to the trusts and LLCs rather than exclusively to him personally.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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