CoreWeave, Inc.·4

Mar 6, 8:53 PM ET

Venturo Brian M 4

4 · CoreWeave, Inc. · Filed Mar 6, 2026

Research Summary

AI-generated summary of this filing

Updated

CoreWeave (CRWV) CSO Brian Venturo Sells 281,250 Shares

What Happened

  • Brian M. Venturo, CoreWeave’s Chief Strategy Officer and a director, converted 281,250 shares of Class B common stock into Class A shares and sold all 281,250 converted shares in multiple open‑market transactions on March 4, 2026. The sales were executed at weighted‑average prices of $76.41, $77.49, $78.70, $79.57 and $80.22 across the different lots, producing aggregate proceeds of approximately $22,312,308.
  • These were dispositions (sales), not purchases — a conversion of a convertible class followed by immediate sales, which is typically a liquidity event rather than a bullish purchase.

Key Details

  • Transaction date: 2026-03-04; Form 4 filed 2026-03-06 (timely — within the Form 4 reporting window).
  • Shares converted: 281,250 Class B → Class A (see footnote F1 on conversion rights).
  • Shares sold: 281,250 total in multiple lots; total proceeds ≈ $22,312,308.
  • Price details: weighted-average prices by lot: $76.41 (13,000 sh), $77.49 (9,900 sh), $78.70 (46,112 sh), $79.57 (158,138 sh), $80.22 (54,100 sh). Price ranges across lots reported in footnotes run roughly $76.02–$80.66.
  • Reported as effected pursuant to a Rule 10b5-1 trading plan (footnote F3).
  • Ownership reporting: many reported securities are held in trusts and entities (e.g., YOLO APV Trust, YOLO ECV Trust, Venturo family GRATs, GST Trust), and some held by spouse or household members (see footnotes F2, F9–F15). The filing lists these holdings/vehicles; the excerpt does not show the insider’s total shares owned after the transactions — see the full Form 4 for the post-transaction ownership amount.

Context

  • The filing shows a conversion of a derivative/convertible class (Class B) into Class A shares (F1) followed by sales — effectively a conversion + immediate disposition rather than an exercise+hold. When sales are done under a prearranged 10b5‑1 plan (F3), they are typically scheduled trades.
  • For retail investors: sales do not by themselves signal company performance — purchases are generally more informative about insider confidence. This filing documents a substantial liquidity event by the insider; check the full Form 4 for exact post-transaction holdings and any additional disclosures.

Insider Transaction Report

Form 4
Period: 2026-03-04
Venturo Brian M
DirectorChief Strategy Officer
Transactions
  • Conversion

    Class A Common Stock

    [F1][F2]
    2026-03-04+281,250281,250 total(indirect: By LLC)
  • Sale

    Class A Common Stock

    [F3][F4][F2]
    2026-03-04$76.41/sh13,000$993,308268,250 total(indirect: By LLC)
  • Sale

    Class A Common Stock

    [F3][F5][F2]
    2026-03-04$77.49/sh9,900$767,167258,350 total(indirect: By LLC)
  • Sale

    Class A Common Stock

    [F3][F6][F2]
    2026-03-04$78.70/sh46,112$3,629,231212,238 total(indirect: By LLC)
  • Sale

    Class A Common Stock

    [F3][F7][F2]
    2026-03-04$79.57/sh158,138$12,582,63054,100 total(indirect: By LLC)
  • Sale

    Class A Common Stock

    [F3][F8][F2]
    2026-03-04$80.22/sh54,100$4,339,9720 total(indirect: By LLC)
  • Conversion

    Class B Common Stock

    [F1][F2]
    2026-03-04281,25010,871,792 total(indirect: By LLC)
    Class A Common Stock (281,250 underlying)
Holdings
  • Class A Common Stock

    223,580
  • Class A Common Stock

    [F9]
    (indirect: See Footnote)
    22,500
  • Class A Common Stock

    [F10]
    (indirect: By Trust)
    182,679
  • Class A Common Stock

    [F11]
    (indirect: By Trust)
    182,687
  • Class B Common Stock

    [F1]
    Class A Common Stock (5,343,347 underlying)
    5,343,347
  • Class B Common Stock

    [F1][F12]
    (indirect: 2023 Venturo Family GRAT dated June 30, 2023)
    Class A Common Stock (5,402,057 underlying)
    5,402,057
  • Class B Common Stock

    [F1][F13]
    (indirect: Venturo Family 2024 Friends and Family GRAT)
    Class A Common Stock (1,788,596 underlying)
    1,788,596
  • Class B Common Stock

    [F1][F14]
    (indirect: By Trust)
    Class A Common Stock (4,271,000 underlying)
    4,271,000
  • Class B Common Stock

    [F1][F15]
    (indirect: By Spouse)
    Class A Common Stock (2,001,900 underlying)
    2,001,900
Footnotes (15)
  • [F1]Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
  • [F10]The reported securities are directly held by the YOLO APV Trust (the "APV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the APV Trust's trustee.
  • [F11]The reported securities are directly held by the YOLO ECV Trust (the "ECV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the ECV Trust's trustee.
  • [F12]The reported securities are directly held by the 2023 Venturo Family GRAT dated June 30, 2023, of which the reporting person is the sole trustee and beneficiary.
  • [F13]The reported securities are directly held by Venturo Family 2024 Friends and Family GRAT, of which the reporting person is the sole trustee and beneficiary.
  • [F14]The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and his spouse and minor children are beneficiaries.
  • [F15]The reported securities are directly held by the reporting person's spouse.
  • [F2]The reported securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member.
  • [F3]The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 21, 2025.
  • [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.02 to $76.96, 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.
  • [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.03 to $78.02, inclusive.
  • [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.03 to $79.02, inclusive.
  • [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.03 to $80.02, inclusive.
  • [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.03 to $80.66, inclusive.
  • [F9]The reported securities are directly held by the reporting person's father-in-law, who is a member of the reporting person's household. The reporting person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest, if any.
Signature
/s/ Nisha Antony, as Attorney-in-Fact|2026-03-06

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT