Goldberg Chen 4
4 · CoreWeave, Inc. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
CoreWeave (CRWV) EVP Goldberg Chen Receives Award, Sells Shares
What Happened
Goldberg Chen, EVP of Product & Engineering at CoreWeave, reported the settlement of 30 restricted stock units (RSUs) on March 31, 2026. Of the shares received from that settlement, 16 Class A shares were sold in an open-market transaction at $74.05 each, generating $1,185. The RSU settlement and the related derivative conversion are reported on the Form 4; the sale was to satisfy tax withholding associated with vesting.
Key Details
- Transaction date: March 31, 2026; Form 4 filed April 2, 2026 (timely).
- Sale: 16 shares sold at $74.05 per share for proceeds of $1,185.
- RSU settlement: 30 restricted stock units settled (conversion of derivative to shares).
- Net retained from this vesting (based on reported numbers): 14 shares (30 settled − 16 sold).
- Footnotes: F1 (each RSU converts to one Class A share); F2 (sale was to satisfy tax withholding); F3 (vesting schedule: 1/4 vested March 31, 2026, then 1/16 each quarter); F4 (RSUs do not expire).
- Filing timeliness: appears timely (filed within required window).
Context
This was an RSU vesting event with a tax-withholding sale — a routine insider transaction that reflects compensation settlement rather than a market-driven purchase. For clarity: the RSU settlement is recorded as a conversion of a derivative into shares, and the subsequent sale is commonly used to cover tax obligations rather than signal a view on the stock. Purchases by insiders tend to be stronger signals than routine sales for tax purposes.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-31+30→ 58,719 total - Sale
Class A Common Stock
[F2]2026-03-31$74.05/sh−16$1,185→ 58,703 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 vested as to 1/4 of the total award on March 31, 2026, and vests thereafter 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.