Baker Jeff 4

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).