CoreWeave (CRWV) CEO reports 82,456-share stock sale and conversion
Rhea-AI Filing Summary
CoreWeave, Inc.’s CEO and President Michael N. Intrator reported net stock sales alongside a small share conversion. On March 25, 2026, an entity associated with him, Omnadora Capital LLC, converted 50,000 shares of Class B Common Stock into 50,000 shares of Class A Common Stock at an exercise price of $0.0000 per share, then sold those 50,000 Class A shares in multiple open-market transactions.
On the same date, Intrator directly sold an additional 32,456 shares of Class A Common Stock in several open-market trades at prices reported between about $85.60 and $88.25 per share, for total reported sales of 82,456 Class A shares. At least one sale was effected pursuant to a Rule 10b5-1 trading plan adopted on May 23, 2025. Following these transactions, he continued to hold 5,666,501 Class A shares directly, along with substantial Class B holdings convertible into Class A shares.
Positive
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Insights
CEO’s planned sales are modest relative to his remaining stake.
CoreWeave CEO Michael Intrator reported open-market sales totaling 82,456 Class A shares, including 50,000 shares first obtained by converting Class B stock through Omnadora Capital LLC. These dispositions were executed across several price ranges around $85–$88 per share.
Form 4 data shows this as a net-sell event, but scale matters: Intrator still directly holds 5,666,501 Class A shares, and separate Class B positions remain convertible into additional Class A stock. A footnote states that at least one sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on May 23, 2025, indicating a degree of pre-planning rather than purely discretionary timing.
From an ownership-structure standpoint, some activity is attributed to Omnadora Capital LLC, where Intrator may be deemed to have a pecuniary interest, while other sizable Class B holdings sit in various family trusts and related entities. Overall, the filing shows portfolio management and liquidity activity rather than a wholesale reduction of the CEO’s exposure based on the visible remaining holdings.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 50,000 | $0.00 | -- |
| Sale | Class A Common Stock | 2,086 | $85.5971 | $179K |
| Sale | Class A Common Stock | 5,338 | $86.7125 | $463K |
| Sale | Class A Common Stock | 22,159 | $87.5426 | $1.94M |
| Sale | Class A Common Stock | 2,873 | $88.2534 | $254K |
| Conversion | Class A Common Stock | 50,000 | $0.00 | -- |
| Sale | Class A Common Stock | 3,214 | $85.5972 | $275K |
| Sale | Class A Common Stock | 8,223 | $86.7126 | $713K |
| Sale | Class A Common Stock | 34,136 | $87.5425 | $2.99M |
| Sale | Class A Common Stock | 4,427 | $88.2534 | $391K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Footnotes (1)
- The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.03 to $86.02, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.04 to $87.03, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.04 to $88.03, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.04 to $88.62, inclusive. Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation. The reported securities are directly held by Omnadora Capital LLC ("Omnadora"). The reporting person is the sole manager of Omnadora's manager, Omnadora Management LLC. In such capacity, the reporting person may be deemed to beneficially own securities directly held by Omnadora. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.03 to $86.02, inclusive. The reported securities are directly held by the PMI 2024 F&F GRAT (the "PMI GRAT"). The reporting person is the sole beneficiary of the PMI GRAT and his spouse is trustee. The reported securities are directly held by the Intrator Family GST-Exempt Trust, of which the reporting person's spouse and children are the beneficiaries and his spouse serves as co-trustee. The reported securities are directly held by the Intrator Family Trust, of which the reporting person's spouse and children are the beneficiaries and his spouse serves as co-trustee. The reported securities are directly held by the Silver Thimble Resulting Trust ("Silver Thimble"), an irrevocable trust with a third-party trustee, of which the reporting person's children are beneficiaries. Pursuant to its constitutive documents, investment discretion over its assets is exercised by its investment manager, Copper Thimble LLC, for which the reporting person serves as the manager. The reporting person also has the power to remove and replace Silver Thimble's trustee. The reported securities are directly held by the reporting person's spouse.
