Intrator Michael N 4

What Happened

• Michael N. Intrator, a reported 10% owner of CoreWeave (CRWV), sold a series of shares in open‑market/private transactions on February 25, 2026. The filing lists about 82,456 Class shares sold across multiple blocks at prices roughly between $97.88 and $103.24, producing aggregate proceeds of approximately $8.24 million. The report also shows conversion entries for 50,000 shares from a derivative security (conversion entries are listed in the filing).
• These sales were reported as effected pursuant to a Rule 10b5‑1 trading plan adopted by Intrator on May 23, 2025, which generally indicates the trades were pre‑scheduled (routine) rather than spontaneous market timing.

Key Details

• Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (timely filing).
• Shares sold (aggregate shown in filing): ~82,456 shares across multiple trades; total proceeds ≈ $8.24 million.
• Price details: reported as weighted averages for groups of trades; ranges in the filing include ~$97.88–$98.85, $98.91–$99.90, $99.91–$100.90, $100.91–$101.89, and $101.95–$102.83; some blocks reported at $103.24.
• Derivative activity: filing shows conversion of 50,000 derivative securities into shares (conversion lines included).
• Notable footnotes: F1 = sales under a 10b5‑1 plan; F2–F6, F9 = weighted‑average price groupings and stated price ranges; F7 = Class B shares are convertible into Class A per charter; F8, F10–F14 = many reported securities are held in family trusts or entities (spouse/trustees/manager relationships disclosed).
• Shares owned after transaction: not specified in the excerpt provided.

Context

• Sales by a 10% owner can reflect liquidity management or estate/trust planning and, when done under a 10b5‑1 plan, are typically pre‑arranged. This filing documents sizeable, preplanned dispositions and a derivative conversion; it is factual reporting of transactions and does not, by itself, indicate the insider’s view of CoreWeave’s business.