Earnings Feed
Start Free
CoreWeave, Inc.·4

Mar 20, 4:31 PM ET

Venturo Brian M 4

Research Summary

AI-generated summary

Updated

CoreWeave (CRWV) CSO Brian Venturo Sells Shares

What Happened

  • Brian M. Venturo, CoreWeave Chief Strategy Officer and director, converted 281,250 derivative/Class B shares into Class A common stock and sold those 281,250 shares in multiple open-market transactions on March 18, 2026.
  • The sales were executed in several blocks at weighted-average prices listed between $80.67 and $84.78, with reported individual weighted-average sales proceeds totaling approximately $23,525,422 (five sale line items: $500,174; $686,550; $5,158,091; $13,039,751; $4,140,856).

Key Details

  • Transaction date: March 18, 2026; Form 4 filed March 20, 2026.
  • Shares converted and sold: 281,250 shares converted from Class B and 281,250 shares sold (total proceeds ≈ $23.5M).
  • Prices: weighted-average sale prices reported at $80.67, $81.73, $82.84, $83.83 and $84.78; underlying trade price ranges across transactions ran approximately $80.27–$85.24 (per footnotes).
  • Footnotes of note:
    • F1: Class B shares are convertible into Class A (conversion described in filing).
    • F3: Some sales were made pursuant to a Rule 10b5-1 trading plan adopted May 21, 2025.
    • F4–F8: Several sale line items were aggregated weighted averages; full breakdown by price per share is available on request (per the filer).
    • F10–F15 and others: Reported securities are held across family trusts, a GRAT, West Clay Capital LLC and the reporting person’s spouse; these footnotes describe beneficial/possession arrangements.
  • Shares owned after the transactions: not specified in the excerpt provided.

Context

  • This filing shows a conversion of convertible (Class B) shares followed by sales of the converted shares. Conversions of Class B into Class A are administrative and then the converted shares were sold in open-market trades.
  • The presence of a 10b5-1 trading plan footnote indicates at least some sales were executed under a pre-established plan, which is a common way insiders schedule sales to avoid questions about timing. The filing is informational and does not by itself indicate the insider’s view of the company.