Intrator Michael N 4

What Happened

• Michael N. Intrator (reported as a 10% owner) sold multiple blocks of CoreWeave (CRWV) stock in open‑market transactions on March 11, 2026. The filing shows sales totaling 82,455 shares at reported weighted‑average prices between about $78.57 and $82.51, with individual trade prices spanning roughly $78.05 to $82.85, producing aggregate proceeds of approximately $6,712,601.
• The Form 4 also reports conversion(s) of derivative securities: one conversion showing acquisition of 50,000 shares and another conversion showing disposition of 50,000 shares (both reported as “C” with N/A price data). Sales are reported under code “S.” Several of the sales were effected pursuant to a Rule 10b5‑1 trading plan (adopted May 23, 2025).

Key Details

• Transaction date: March 11, 2026; Form filed March 13, 2026 (timely filing).
• Sales: ~82,455 shares sold across multiple transactions; aggregated proceeds ≈ $6.71M.
• Price range reported across transactions: approximately $78.05 to $82.85 per share; weighted averages shown in the filing range from $78.57 to $82.51 for grouped blocks.
• Derivative activity: conversion entries for 50,000 shares acquired and 50,000 shares disposed (details reported as N/A for price).
• Shares owned after the transactions: not specified in the supplied filing details.
• Notable footnotes: F1 indicates the sales were effected under a 10b5‑1 plan; F2–F6 explain weighted‑average prices across multiple execution prices; F7 notes Class B shares may be convertible to Class A; F8–F14 show many shares are held through family trusts and entities and describe beneficial‑ownership relationships and disclaimers.

Context

• Sales under a 10b5‑1 plan are pre‑arranged trading programs and are commonly used to avoid questions about timing or motive; such sales are routine and do not necessarily signal the holder’s current view of the stock.
• As a 10% owner, Intrator’s transactions are material and reported under Section 16 rules; the filing shows family trusts and management entities are involved, which is common for concentrated insider holdings.
• Derivative conversions (per F7) often reflect conversions between share classes (e.g., Class B to Class A) or other structural changes; the filing does not provide price details for those conversion entries.