CoreWeave director-linked entity sells 742K shares
CoreWeave, Inc. director Jack D. Cogen reported a series of open-market sales of 742,307 shares of Class A Common Stock of CRWV through affiliated entities.
Rhea-AI Filing Summary
CoreWeave, Inc. director Jack D. Cogen reported a series of open-market sales of 742,307 shares of Class A Common Stock of CRWV through affiliated entities. The largest block was 342,578 shares at a weighted average price of $105.2708 per share.
The sales, all coded as open-market transactions, were made by CW Holding 987 LLC, where Cogen serves as manager and which directly holds the securities. After these transactions, CW Holding 987 LLC held 9,040,829 shares of Class A Common Stock. The filing also details additional indirect holdings in various family trusts and LLCs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 742,307 shares
Net Sell
15 txns
Insider
Cogen Jack D
Role
Director
Sold
742,307 shs ($78.67M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 342,578 | $105.2708 | $36.06M |
| Sale | Class A Common Stock | 15,884 | $106.5302 | $1.69M |
| Sale | Class A Common Stock | 180,608 | $107.2226 | $19.37M |
| Sale | Class A Common Stock | 103,237 | $108.2009 | $11.17M |
| Sale | Class A Common Stock | 100,000 | $103.77 | $10.38M |
| 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 — 9,040,829 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 (16)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.50 to $104.12, 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 CW Holding 987 LLC, of which the reporting person serves as manager.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.00 to $105.96, inclusive.
- F5. 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 $106.995, inclusive.
- F6. 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 $107.99, inclusive.
- F7. 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.
- F8. The reported securities are directly held by the Birch Tree Trust LLC, of which the reporting person is the manager.
- F9. The reported securities are directly held by the reporting person's spouse.
- F10. The reported securities are directly held by the Cherry Tree 2024 GRAT, of which the reporting person is trustee and his spouse is beneficiary.
- F11. The reported securities are directly held by the Chestnut Tree Trust LLC, of which the reporting person is the manager.
- F12. 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.
- F13. 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.
- F14. The reported securities are directly held by the Maple Tree Trust LLC, of which the reporting person is the manager.
- F15. The reported securities were directly held by Pine Tree Trust LLC, of which the reporting person serves as manager.
- F16. 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: 742,307 shares
Largest block sale: 342,578 shares at $105.2708
Sale on May 27, 2026: 100,000 shares at $103.7700
+5 more
8 metrics
Total shares sold
742,307 shares
Net open-market sales reported in Form 4
Largest block sale
342,578 shares at $105.2708
Class A Common Stock sold by CW Holding 987 LLC
Sale on May 27, 2026
100,000 shares at $103.7700
Open-market sale of Class A Common Stock
Sale at higher price range
103,237 shares at $108.2009
Open-market sale of Class A Common Stock
Post-sale holdings
9,040,829 shares
Class A Common Stock held by CW Holding 987 LLC after sales
Price range detail
$103.50–$109.10
Weighted-average sale price ranges in multiple transactions
Additional indirect holding
1,200,000 shares
Held by Cogen Family Trust dated December 17, 2012
Spouse-held shares
146,613 shares
Indirect holding reported as held by spouse
Key Terms
open-market sale, weighted average price, beneficial ownership, Section 16 of the Exchange Act, +2 more
6 terms
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.
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 financial
"The reporting person disclaims beneficial ownership for purposes of Section 16"
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
"beneficial ownership for purposes of Section 16 of the Exchange Act"
GRAT financial
"Cherry Tree 2024 GRAT, of which the reporting person is trustee"
pecuniary interest financial
"except to the extent of his pecuniary interest therein, if any."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CoreWeave (CRWV) disclose in this Form 4?
CoreWeave disclosed that entities associated with director Jack D. Cogen sold 742,307 shares of Class A Common Stock in open-market transactions. The sales were executed through CW Holding 987 LLC, which directly holds the shares.
Does the CoreWeave (CRWV) Form 4 include other indirect holdings for Jack D. Cogen?
Yes. The filing lists additional indirect holdings in several family-related entities, including Birch Tree Trust LLC, Cherry Tree 2024 GRAT, Chestnut Tree Trust LLC, Cogen Family Trust, and other trusts and LLCs, each with its own reported share balance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
