Boone Karen 4
Research Summary
AI-generated summary
CoreWeave (CRWV) Director Karen Boone Converts 1,460 RSUs to Shares
What Happened Karen Boone, a director of CoreWeave, had 1,460 restricted stock units (RSUs) convert/settle into 1,460 shares on April 6, 2026. The Form 4 lists both an acquisition (conversion/exercise of a derivative) and a simultaneous disposition of 1,460 shares; no price or sale proceeds are reported (N/A). Footnotes indicate these securities represent RSUs that convert to one share apiece upon settlement.
Key Details
- Transaction date: April 6, 2026 (reported on Form 4 filed April 8, 2026 — within the typical 2‑business‑day window).
- Transaction type/code: Conversion/settlement of derivative (code M).
- Shares converted/settled: 1,460 acquired and 1,460 disposed (both entries reported). No per‑share price or aggregate value provided (N/A).
- Shares after transaction: Not specified in the provided filing excerpt.
- Relevant footnotes: F1 = each RSU converts to one share on settlement; F2 = reported securities are directly held by The Boone Family Trust; F3/F4 = vesting schedule (1/12 tranches on Apr/Jul/Oct/Jan) and RSUs do not expire.
- Filing timeliness: Reported two days after the transaction date; not shown as late.
Context This appears to be an administrative settlement of vested RSUs rather than an open‑market purchase or sale intended to signal sentiment. The paired acquire-and-dispose entries, together with Footnote F2, indicate the settled shares are held by The Boone Family Trust. No cashless sale, proceeds, or market sale price is reported in this filing.