CoreWeave (CRWV) insider entity converts and sells 281,250 Class A shares
Rhea-AI Filing Summary
CoreWeave, Inc. insider activity centers on an entity-managed sale. On 01/21/2026, West Clay Capital LLC, an entity for which Brian M. Venturo serves as managing member, converted 281,250 shares of Class B Common Stock into Class A Common Stock and then sold 281,250 Class A shares in a series of open-market transactions. Reported weighted-average sale prices ranged from $87.8554 to $95.47, under a Rule 10b5-1 trading plan adopted on May 21, 2025.
After these sales, West Clay Capital LLC reports 11,715,542 Class B shares beneficially owned. Separate from West Clay Capital LLC, additional Class B and Class A holdings are reported through various family trusts and by the reporting person’s spouse and father-in-law, and 223,580 Class A shares are listed as directly held.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 281,250 | $0.00 | -- |
| Conversion | Class A Common Stock | 281,250 | $0.00 | -- |
| Sale | Class A Common Stock | 22,989 | $87.8554 | $2.02M |
| Sale | Class A Common Stock | 26,837 | $88.9534 | $2.39M |
| Sale | Class A Common Stock | 33,260 | $89.7626 | $2.99M |
| Sale | Class A Common Stock | 19,295 | $90.9018 | $1.75M |
| Sale | Class A Common Stock | 27,618 | $91.8854 | $2.54M |
| Sale | Class A Common Stock | 87,341 | $92.9383 | $8.12M |
| Sale | Class A Common Stock | 52,562 | $93.8699 | $4.93M |
| Sale | Class A Common Stock | 10,848 | $94.6666 | $1.03M |
| Sale | Class A Common Stock | 500 | $95.47 | $48K |
| 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 A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- 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 West Clay Capital LLC, of which the reporting person is the managing member. The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 21, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.34 to $88.33, 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 $88.34 to $89.33, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.34 to $90.33, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.34 to $91.33, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.35 to $92.33, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.35 to $93.34, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.35 to $94.34, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $94.35 to $95.08, inclusive. The reported securities are directly held by the reporting person's father-in-law, who is a member of the reporting person's household. The reporting person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest, if any. The reported securities are directly held by the YOLO APV Trust (the "APV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the APV Trust's trustee. The reported securities are directly held by the YOLO ECV Trust (the "ECV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the ECV Trust's trustee. The reported securities are directly held by the 2023 Venturo Family GRAT dated June 30, 2023, of which the reporting person is the sole trustee and beneficiary. The reported securities are directly held by Venturo Family 2024 Friends and Family GRAT, of which the reporting person is the sole trustee and beneficiary. The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and his spouse and minor children are beneficiaries. The reported securities are directly held by the reporting person's spouse.
FAQ
What insider transaction did CoreWeave (CRWV) disclose in this Form 4?
The filing reports that West Clay Capital LLC, an entity of which Brian M. Venturo is the managing member, converted 281,250 Class B shares into Class A Common Stock and then sold 281,250 Class A shares of CoreWeave, Inc. (CRWV) on 01/21/2026.
Who is the reporting person in the CoreWeave (CRWV) Form 4 and what is their role?
The reporting person is Brian M. Venturo, who is listed as a Director and Chief Strategy Officer of CoreWeave, Inc. The reported transactions involve shares held indirectly through entities such as West Clay Capital LLC and various family trusts.
Was the CoreWeave (CRWV) insider sale part of a trading plan?
Yes. A footnote explains that the reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 21, 2025. Such plans allow pre-arranged trading according to set instructions.
What other CoreWeave (CRWV) holdings are reported through family and trust entities?
The Form 4 lists additional indirect holdings including 5,402,057 Class B shares held by the 2023 Venturo Family GRAT, 1,788,596 Class B shares held by the Venturo Family 2024 Friends and Family GRAT, 4,271,000 Class B shares held by the Venturo Family GST Exempt Trust, and 2,001,900 Class B shares held by the reporting person’s spouse.