Baker Jeff 4
4 · CoreWeave, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
CoreWeave (CRWV) Jeff Baker Sells 16 Shares
What Happened
Jeff Baker, CoreWeave's Principal Accounting Officer, had 30 restricted stock units (RSUs) convert to 30 shares on March 31, 2026, and sold 16 of those shares in an open-market transaction at $74.05 per share, generating $1,185. The conversion/settlement of the RSUs is reported as an exercise/conversion of a derivative; the sale was to satisfy tax withholding obligations.
Key Details
- Transaction date: 2026-03-31. Open-market sale: 16 shares @ $74.05 = $1,185.
- Conversion/settlement: 30 RSUs converted to 30 shares (recorded as derivative exercise/conversion).
- Shares owned after transaction: not disclosed in the Form 4.
- Footnotes: F1–F4 indicate these were RSUs (one RSU = one share on settlement), the sale was to satisfy tax withholding from RSU vesting, the award vests 1/4 on March 31, 2026 and then 1/16 each quarter thereafter, and RSUs do not expire.
- Filing: Form 4 filed 2026-04-02 for the March 31, 2026 report date (no late filing flagged).
Context
This was a routine RSU settlement with a partial sell-to-cover for taxes, not a discretionary market purchase or sale intended as a market view signal. The derivative entries reflect RSU settlement (conversion to shares); part of the shares were sold immediately to meet withholding requirements.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-31+30→ 36,805 total - Sale
Class A Common Stock
[F2]2026-03-31$74.05/sh−16$1,185→ 36,789 total - Exercise/Conversion
Restricted Stock Units
[F1][F3][F4]2026-03-31−30→ 90 total→ Class A Common Stock (30 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- [F2]The reported transaction represents shares of Class A Common Stock of the Issuer sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting and settlement of restricted stock units.
- [F3]The award shall vest as to 1/4 of the total award on March 31, 2026, and thereafter shall vest as to 1/16 of the total award on the last calendar day of June, September, December, and March, subject to the reporting person's continued service to the Issuer on each vesting date.
- [F4]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.