Agrawal Nitin 4

What Happened
Nitin Agrawal, Chief Financial Officer of CoreWeave, converted/settled 122,320 restricted stock units (reported as a derivative exercise/conversion) on March 11, 2026 and sold 63,157 shares in an open-market/private sale at $79.68 per share, generating $5,032,350. The sale was reported as done to satisfy tax withholding obligations related to the RSU vesting.

Key Details

• Transaction date(s): March 11, 2026; Form 4 filed March 13, 2026 (timely).
• Sale: 63,157 shares at $79.68 each = $5,032,350.
• Conversion/Exercise: 122,320 shares reported as exercised/converted (no per-share price reported).
• Shares retained after settlement: filing doesn’t list total post-transaction holdings; if all sold shares came from this settlement, roughly 59,163 shares remained from the 122,320 converted (122,320 − 63,157 = 59,163).
• Notable footnotes from the filing:
  • F1: RSUs represent contingent rights to receive one share on settlement.
  • F2: The sale was to satisfy tax withholding from RSU vesting.
  • F5/F6: The award vests ratably (approx. 1/16 on specified quarter dates) and RSUs do not expire prior to vesting.
  • F3/F4: Some reported securities are held in related GRAT trusts (Yellowstone/Yosemite 2025) per the filing.
• No 10b5‑1 plan or late-filing flag was indicated in the provided data.

Context
This was a conversion/settlement of RSUs with a partial sale to cover taxes (a routine, tax-related disposition rather than a market-timing purchase). For retail investors, purchases by insiders can signal conviction; tax-withholding sales after vesting are common and do not, by themselves, indicate a change in the insider’s view of the company.