Baker Jeff 4
4 · CoreWeave, Inc. · Filed Jan 30, 2026
Research Summary
AI-generated summary of this filing
CoreWeave (CRWV) Jeff Baker Receives RSUs, Sells Shares
What Happened
Jeff Baker, CoreWeave’s Principal Accounting Officer, had restricted stock units (RSUs) settle on January 29, 2026. The Form 4 shows conversion/acquisition of 12,500 shares upon settlement of RSUs (derivative exercise/conversion). To satisfy tax withholding obligations related to that vesting, he sold 5,143 shares in the open market at a weighted average price of $103.78, generating proceeds of approximately $533,760. The filing also reports the related derivative disposition (12,500 RSUs) associated with the settlement.
Key Details
- Transaction date: 2026-01-29; Form filed 2026-01-30 (appears timely).
- Acquired: 12,500 shares via conversion/settlement of RSUs (SEC transaction code M).
- Sold: 5,143 shares in open market at weighted avg $103.78; proceeds ≈ $533,760. Prices in the sale ranged from $103.40 to $103.79.
- Derivative entry: 12,500 RSUs listed as disposed on settlement (reflecting conversion/cancellation of the RSU award).
- Footnotes: F1–F5 indicate these were RSUs (one RSU = one share on settlement), the sale was to satisfy tax withholding (F2), vesting schedule (1/4 vested July 29, 2025; then 1/16 quarterly thereafter), and the RSUs do not expire.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
Context
This was primarily an RSU vesting and tax-withholding sale (routine, not necessarily a signal of sentiment). The RSUs vested/converted into shares and a portion was sold to cover taxes rather than a separate discretionary sell for investment purposes. For full details (exact post-transaction holdings and per-trade prices), consult the complete Form 4 filing (Accession 0001769628-26-000051).
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-01-29+12,500→ 44,447 total - Sale
Class A Common Stock
[F2][F3]2026-01-29$103.78/sh−5,143$533,760→ 39,304 total - Exercise/Conversion
Restricted Stock Units
[F1][F4][F5]2026-01-29−12,500→ 125,000 total→ Class A Common Stock (12,500 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- [F2]The reported transaction represents shares of Class A Common Stock of the Issuer sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting and settlement of restricted stock units.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.40 to $103.79, 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.
- [F4]The award vested as to 1/4 of the total award on July 29, 2025, and vests as to 1/16 of the total award thereafter on the 29th calendar day of October, January, April, and July, subject to the reporting person's continued service to the Issuer on each vesting date.
- [F5]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.