HUTCHINS GLENN H 4
4 · CoreWeave, Inc. · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
CoreWeave (CRWV) Director Glenn H. Hutchins Exercises 2,000 RSUs
What Happened
Glenn H. Hutchins, a director of CoreWeave, reported exercising/converting a total of 2,000 derivative awards (1,460 and 540 units) on February 10, 2026. The Form 4 shows both acquisition (conversion) and corresponding disposition entries for those derivative securities. No per-share price or total dollar value was reported (price listed as N/A).
Key Details
- Transaction date: February 10, 2026; Form 4 filed February 12, 2026 (appears timely).
- Transaction type/code: M — exercise or conversion of derivative (restricted stock units per filing footnotes).
- Shares involved: 1,460 and 540 units, total 2,000 RSUs converted/disposed.
- Price/value: Not reported (N/A) on the Form 4 entries.
- Shares owned after transaction: Not stated in the excerpt provided.
- Footnotes of note:
- F1: Each RSU = contingent right to one share of Class A common stock upon settlement.
- F2/F3: Reported securities are directly held by entities (North Island Inferno Fund II LLC and Tide Mill LLC); Hutchins serves in managerial roles for those entities and disclaims direct beneficial ownership except to the extent of any pecuniary interest.
- F4/F6/F5: The filing includes vesting schedules (some awards vest 1/12 on specified calendar dates; others vest 1/4) and states these RSUs do not expire; first tranche vested May 10, 2025.
Context
- Code M indicates exercise or conversion of a derivative — here, the filing treats the awards as RSUs that converted to shares. The matching acquisition and disposition entries often reflect settlement and immediate transfer or disposition of the converted interest, but no sale price or cash proceeds are reported in this filing.
- Because the securities are reported as held by investment entities (per F2/F3) and Hutchins disclaims beneficial ownership except for any pecuniary interest, these transactions reflect movements by those entities rather than a straightforward personal buy/sell by the director.
- No 10b5-1 plan, tax withholding, or late-filing flag is indicated in the provided excerpt.
Insider Transaction Report
Form 4
CoreWeave, Inc.CRWV
HUTCHINS GLENN H
Director
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-02-10+1,460→ 7,320 total - Exercise/Conversion
Class A Common Stock
[F1]2026-02-10+540→ 7,860 total - Exercise/Conversion
Restricted Stock Units
[F1][F4][F5]2026-02-10−1,460→ 11,560 total→ Class A Common Stock (1,460 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6][F5]2026-02-10−540→ 0 total→ Class A Common Stock (540 underlying)
Holdings
- 10,640(indirect: By LLC)
Class A Common Stock
[F2] - 384,840(indirect: By LLC)
Class A Common Stock
[F3]
Footnotes (6)
- [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 securities are directly held by North Island Inferno Fund II LLC ("North Island Inferno"). The reporting person serves as investment manager for North Island Inferno and as such may be deemed to exercise shared voting and investment discretion over securities held by it. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Securities Exchange Act of 1934, as amended ("Exchange Act"), except to the extent of his pecuniary interest therein, if any.
- [F3]The reported securities are directly held by Tide Mill LLC ("Tide Mill"). The managing member of Tide Mill is North Island Management, LLC ("NIM"). The reporting person serves as chairman of NIM and may be deemed to directly or indirectly exercise voting and investment discretion over the investments of NIM and Tide Mill. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act except to the extent of his pecuniary interest therein, if any.
- [F4]The award vested or vests as to 1/12 of the total award on the tenth calendar day of May, August, November, and February, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on May 10, 2025.
- [F5]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- [F6]The award vested as to 1/4 of the total award on the tenth calendar day of May, August, November, and February, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on May 10, 2025.
Signature
/s/ Nisha Antony, as Attorney-in-Fact|2026-02-12