Venturo Brian M 4

What Happened

• Brian M. Venturo, CoreWeave’s Chief Strategy Officer and a Director, converted 281,250 Class B shares into Class A shares and sold those shares in multiple open‑market transactions on Feb 18, 2026. The sales were executed across several trades at weighted‑average prices reported by tranche; total proceeds were approximately $26.6 million. The filing indicates the sales were made under a Rule 10b5‑1 trading plan (per footnote).

Key Details

• Transaction date: February 18, 2026; Form 4 filed Feb 20, 2026 (appears timely).
• Conversion: 281,250 shares converted from Class B to Class A (see footnote on convertibility).
• Sales (by tranche): 5,800 @ $88.22; 9,100 @ $89.30; 12,300 @ $90.30; 4,700 @ $91.30; 10,500 @ $92.63; 34,731 @ $93.94; 76,053 @ $94.82; 102,042 @ $95.72; 26,024 @ $96.77. Aggregate proceeds ≈ $26,596,914.
• Price detail: filing reports weighted‑average prices and ranges across multiple trades (individual tranches covered by footnotes describing price ranges).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Notable footnotes: conversion right of Class B shares into Class A (F1); sales were effected pursuant to a Rule 10b5‑1 plan (F3). Additional footnotes in the filing describe holdings in family trusts/related parties.

Context

• This was a conversion followed by open‑market sales (a disposition), not an outright buy. Sales under a 10b5‑1 plan are prearranged trading instructions and are generally viewed as routine dispositions rather than new signals of insider sentiment.
• For retail investors: purchases by insiders tend to be more informative about confidence; large, planned sales like this often reflect diversification, liquidity needs, or estate planning and are not necessarily negative signals on company fundamentals.