[Form 4] CoreWeave, Inc. Insider Trading Activity

Q: Who are the reporting persons on the CRWV Form 4?

The filing names Magnetar Financial LLC , Magnetar Capital Partners LP , Supernova Management LLC and David J. Snyderman as reporting persons.

Q: Does the Form 4 disclose any option or hedging arrangements for CRWV shares?

Yes; the filing discloses a collar (written covered calls and purchased puts) on the underlying shares with strikes including $80, $135, and $140 , expiring on 03/20/2026 .

Q: Are the sold shares held directly or indirectly by Magnetar entities according to the filing?

The filing states the securities are held directly by specified Magnetar funds but beneficial ownership is reported as indirect by the reporting persons due to fund structures.

Q: What price range did the reported CRWV sales occur at?

The filing notes sales occurred at prices ranging from $100.00 to $100.15 , with a reported weighted average of $100.15 .

Filing Impact

(High)

Filing Sentiment

(Very Positive)

Form Type

Rhea-AI Filing Summary

Magnetar-related entities and David J. Snyderman reported multiple dispositions of CoreWeave, Inc. (CRWV) Class A common stock on 08/15/2025. Reported sales occurred at a weighted average price of $100.15 (individual trades ranged $100.00–$100.15). The Form 4 shows numerous direct disposals by several Magnetar funds and affiliated entities, and states these securities are held indirectly by the reporting entities. The filing also discloses a collar structure: covered call and purchased put options tied to the same underlying shares that expire on 03/20/2026, with specified strikes including $80, $135 and $140.

Positive

None.

Negative

Material insider selling by a 10% owner and director across multiple affiliated funds on 08/15/2025 at ~$100.15, which increases freely tradable supply
Hedging/collar arrangement (written calls and purchased puts expiring 03/20/2026) indicates the holder has limited upside and downside protection on significant positions

Insights

TL;DR: Significant block sales by a 10% owner at ~$100.15 and a collar arrangement may affect short-term supply and liquidity.

The Form 4 documents material, coordinated dispositions by Magnetar-affiliated funds and related entities totaling multiple blocks of Class A shares on 08/15/2025 at a weighted average price of $100.15. The filing identifies indirect ownership across several funds and confirms a collar (written calls and purchased puts) on underlying shares expiring 03/20/2026, which limits downside and caps upside for those positions. For analysts, this is a clear change in beneficial ownership from a substantial holder and should be incorporated into share-ownership tables and liquidity assessments.

TL;DR: A director/10% owner executed multiple sales through affiliated funds and disclosed a hedging collar; disclosure appears complete and compliant.

The Form 4 lists Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman as reporting persons, with clear footnotes assigning direct holdings to specific funds. The filing includes customary disclaimers of beneficial ownership except for pecuniary interest and provides required detail on trade prices and option positions. From a governance perspective, the disclosure of both sales and the collar structure meets Section 16 transparency expectations, allowing shareholders to evaluate potential conflicts or economic exposures.

08/19/2025 - 09:33 PM

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^*

Magnetar Financial LLC

(Last)

(First)

(Middle)

1603 ORRINGTON AVENUE

13TH FLOOR

(Street)

EVANSTON

60201

(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	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	08/15/2025		S		58,796	D	$100.15	7,118,493	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁴⁾
Class A Common Stock	08/15/2025		S		230,737	D	$100.15⁽⁵⁾	7,561,831	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁶⁾
Class A Common Stock	08/15/2025		S		201,183	D	$100.15	29,344,117	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁷⁾
Class A Common Stock	08/15/2025		S		26,376	D	$100.15	2,511,224	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁸⁾
Class A Common Stock	08/15/2025		S		2,727	D	$100.15	397,757	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁹⁾
Class A Common Stock	08/15/2025		S		80,720	D	$100.15	9,103,660	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽¹⁰⁾
Class A Common Stock	08/15/2025		S		101,182	D	$100.15	10,081,178	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽¹¹⁾
Class A Common Stock	08/15/2025		S		22,862	D	$100.15	1,998,618	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽¹²⁾
Class A Common Stock	08/15/2025		S		86,070	D	$100.15	11,646,010	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽¹³⁾
Class A Common Stock	08/15/2025		S		53,045	D	$100.15	5,065,175	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽¹⁴⁾
Class A Common Stock	08/15/2025		S		42,731	D	$100.15	4,481,049	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽¹⁵⁾
Class A Common Stock	08/15/2025		S		8,953	D	$100.15	1,176,147	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽¹⁶⁾
Class A Common Stock								4,417,607	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽¹⁷⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Call option (obligation to sell)	$140	08/15/2025		S/K⁽¹⁸⁾			235,802	03/20/2026	03/20/2026	Class A Common Stock	235,802	$176,851.2	235,802	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽¹⁰⁾
Put option (right to sell)	$80	08/15/2025		P/K⁽¹⁸⁾		235,802		03/20/2026	03/20/2026	Class A Common Stock	235,802	$589,504	235,802	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽¹⁰⁾
Call option (obligation to sell)	$135	08/15/2025		S/K⁽¹⁸⁾			77,050	03/20/2026	03/20/2026	Class A Common Stock	77,050	$173,363.4	77,050	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁸⁾
Put option (right to sell)	$80	08/15/2025		P/K⁽¹⁸⁾		77,050		03/20/2026	03/20/2026	Class A Common Stock	77,050	$192,626	77,050	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁸⁾
Call option (obligation to sell)	$140	08/15/2025		S/K⁽¹⁸⁾			77,050	03/20/2026	03/20/2026	Class A Common Stock	77,050	$57,787.8	77,050	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁸⁾
Put option (right to sell)	$80	08/15/2025		P/K⁽¹⁸⁾		77,050		03/20/2026	03/20/2026	Class A Common Stock	77,050	$192,626	77,050	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁸⁾
Call option (obligation to sell)	$135	08/15/2025		S/K⁽¹⁸⁾			7,967	03/20/2026	03/20/2026	Class A Common Stock	7,967	$17,924.4	7,967	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁹⁾
Put option (right to sell)	$80	08/15/2025		P/K⁽¹⁸⁾		7,967		03/20/2026	03/20/2026	Class A Common Stock	7,967	$19,916	7,967	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁹⁾
Call option (obligation to sell)	$140	08/15/2025		S/K⁽¹⁸⁾			7,966	03/20/2026	03/20/2026	Class A Common Stock	7,966	$5,974.8	7,966	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁹⁾
Put option (right to sell)	$80	08/15/2025		P/K⁽¹⁸⁾		7,966		03/20/2026	03/20/2026	Class A Common Stock	7,966	$19,916	7,966	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁹⁾
Call option (obligation to sell)	$135	08/15/2025		S/K⁽¹⁸⁾			587,701	03/20/2026	03/20/2026	Class A Common Stock	587,701	$1,322,326.8	587,701	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁷⁾
Put option (right to sell)	$80	08/15/2025		P/K⁽¹⁸⁾		587,701		03/20/2026	03/20/2026	Class A Common Stock	587,701	$1,469,252	587,701	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁷⁾
Call option (obligation to sell)	$140	08/15/2025		S/K⁽¹⁸⁾			587,701	03/20/2026	03/20/2026	Class A Common Stock	587,701	$440,775.6	587,701	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁷⁾
Put option (right to sell)	$80	08/15/2025		P/K⁽¹⁸⁾		587,701		03/20/2026	03/20/2026	Class A Common Stock	587,701	$1,469,252	587,701	I	Footnotes⁽¹⁾⁽²⁾⁽³⁾⁽⁷⁾

1. Name and Address of Reporting Person^*

Magnetar Financial LLC

(Last)

(First)

(Middle)

1603 ORRINGTON AVENUE

13TH FLOOR

(Street)

EVANSTON

60201

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Magnetar Capital Partners LP

(Last)

(First)

(Middle)

1603 ORRINGTON AVENUE

13TH FLOOR

(Street)

EVANSTON

60201

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Supernova Management LLC

(Last)

(First)

(Middle)

1603 ORRINGTON AVENUE

13TH FLOOR

(Street)

EVANSTON

60201

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Snyderman David J.

(Last)

(First)

(Middle)

1603 ORRINGTON AVENUE

13TH FLOOR

(Street)

EVANSTON

60201

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of Magnetar Capital Master Fund, Ltd, Magnetar Constellation Master Fund, Ltd, Magnetar Longhorn Fund LP, Magnetar SC Fund Ltd, Magnetar Xing He Master Fund Ltd, Purpose Alternative Credit Fund - F LLC, Purpose Alternative Credit Fund - T LLC, Longhorn Special Opportunities Fund LP, CW Opportunity LLC and CW Opportunity 2 LP, the general partner of Magnetar Structured Credit Fund, LP and the manager of Magnetar Alpha Star Fund LLC and Magnetar Lake Credit Fund LLC (collectively, the "Magnetar Funds").

2. Magnetar Capital Partners LP ("Magnetar Capital Partners") is the sole member and parent holding company of Magnetar Financial. Supernova Management LLC ("Supernova Management") is the general partner of Magnetar Capital Partners. The manager of Supernova Management is David J. Snyderman, a citizen of the United States of America.

3. Each of the Magnetar Funds, Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman disclaims beneficial ownership of these shares of Common Stock of the Issuer, except to the extent of its or his pecuniary interest therein.

4. These securities are held directly by Magnetar Constellation Master Fund, Ltd.

5. The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $100.00 to $100.15, inclusive. The reporting person undertakes to provide to CoreWeave, Inc. (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.

6. These securities are held directly by CW Opportunity 2 LP.

7. These securities are held directly by CW Opportunity LLC.

8. These securities are held directly by Magnetar Alpha Star Fund LLC.

9. These securities are held directly by Magnetar Capital Master Fund, Ltd.

10. These securities are held directly by Magnetar Lake Credit Fund LLC.

11. These securities are held directly by Magnetar Longhorn Fund LP.

12. These securities are held directly by Magnetar SC Fund Ltd.

13. These securities are held directly by Magnetar Structured Credit Fund, LP.

14. These securities are held directly by Magnetar Xing He Master Fund Ltd.

15. These securities are held directly by Purpose Alternative Credit Fund - F LLC.

16. These securities are held directly by Purpose Alternative Credit Fund - T LLC.

17. These securities are held directly by Longhorn Special Opportunities Fund LP.

18. The entity holding the underlying shares of Class A common stock (the "Common Stock") of CoreWeave, Inc. entered into a collar arrangement pursuant to which such entity wrote a covered call option and purchased a put option. Only one of the options can be in-the-money on the expiration date, at which time the in-the-money option will be exercised and settled in shares and the other option will expire. If neither option is in-the-money on the expiration date, both options will expire.

	/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Manager of Supernova Management LLC, which is the General Partner of Magnetar Capital Partners LP, which is in turn the Sole Member of Magnetar Financial LLC	08/19/2025
	/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Manager of Supernova Management LLC, which is the General Partner of Magnetar Capital Partners LP	08/19/2025
	/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Manager of Supernova Management LLC	08/19/2025
	/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman	08/19/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Magnetar sell in the CoreWeave (CRWV) Form 4 filed 08/19/2025?

Magnetar-related entities reported multiple dispositions of Class A common stock of CoreWeave on 08/15/2025 at a weighted average price of $100.15.

Who are the reporting persons on the CRWV Form 4?

The filing names Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman as reporting persons.

Does the Form 4 disclose any option or hedging arrangements for CRWV shares?

Yes; the filing discloses a collar (written covered calls and purchased puts) on the underlying shares with strikes including $80, $135, and $140, expiring on 03/20/2026.

Are the sold shares held directly or indirectly by Magnetar entities according to the filing?

The filing states the securities are held directly by specified Magnetar funds but beneficial ownership is reported as indirect by the reporting persons due to fund structures.

What price range did the reported CRWV sales occur at?

The filing notes sales occurred at prices ranging from $100.00 to $100.15, with a reported weighted average of $100.15.

[Form 4] CoreWeave, Inc. Insider Trading Activity

Insights

FAQ

What did Magnetar sell in the CoreWeave (CRWV) Form 4 filed 08/19/2025?

Who are the reporting persons on the CRWV Form 4?

Does the Form 4 disclose any option or hedging arrangements for CRWV shares?

Are the sold shares held directly or indirectly by Magnetar entities according to the filing?

What price range did the reported CRWV sales occur at?

NASDAQ:CRWV

CRWV Rankings

CRWV Latest News

CRWV Latest SEC Filings

CRWV Stock Data

Trending News

[Form 4] CoreWeave, Inc. Insider Trading Activity

Insights

Financial Analyst neutral

Corporate Governance Expert neutral

FAQ

What did Magnetar sell in the CoreWeave (CRWV) Form 4 filed 08/19/2025?

Who are the reporting persons on the CRWV Form 4?

Does the Form 4 disclose any option or hedging arrangements for CRWV shares?

Are the sold shares held directly or indirectly by Magnetar entities according to the filing?

What price range did the reported CRWV sales occur at?

NASDAQ:CRWV

CRWV Rankings

CRWV Latest News

CRWV Latest SEC Filings

CRWV Stock Data