Jain Sachin 4
Research Summary
AI-generated summary
CoreWeave (CRWV) COO Sachin Jain Sells 3,953 Shares
What Happened
Sachin Jain, Chief Operating Officer of CoreWeave, sold 3,953 shares at $120.00 per share on April 15, 2026, generating proceeds of $474,360. This was a sale (not a purchase) reported on a Form 4.
Key Details
- Transaction date: April 15, 2026; Price: $120.00 per share; Shares sold: 3,953; Proceeds: $474,360.
- Transaction type: Sale (open market or private sale as reported).
- Form 4 filed: April 17, 2026 (filed within the typical 2-business-day reporting window).
- Shares owned after the transaction: Not specified in the filing.
- Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted Sept 12, 2025 and modified Nov 20, 2025.
Context
A 10b5-1 plan is a prearranged trading program that allows insiders to sell shares on a set schedule; such sales are often routine and can reduce the implication that trades were timed based on nonpublic information. The filing shows a straightforward sale under that plan and does not include derivatives, exercises, or gifts.