Goldberg Chen 4
4 · CoreWeave, Inc. · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
CoreWeave (CRWV) EVP Goldberg Chen Sells Shares, Exercises RSUs
What Happened Goldberg Chen, EVP of Product & Engineering at CoreWeave, settled 37,500 restricted stock units (RSUs) on May 5, 2026 and sold 19,222 shares in an open-market transaction at $125.00 per share, generating proceeds of $2,402,750. The RSU settlement is reported as a conversion/exercise of a derivative (code M) and the sale is reported as a disposition (code S). This was a sale—commonly a routine tax-withholding sale—not a purchase signal.
Key Details
- Transaction date: 2026-05-05; open-market sale price: $125.00 per share; proceeds: $2,402,750.
- RSU activity: 37,500 RSUs were converted/settled (derivative code M); 37,500 derivative shares were also reported as disposed in connection with the settlement.
- Purpose of sale: Shares sold to satisfy tax withholding obligations related to RSU vesting (footnote F2).
- Footnotes: F1 clarifies each RSU equals one contingent share on settlement; F3 outlines the vesting schedule (1/4 vested 8/5/2025, then 1/16 on Nov/Feb/May/Aug vesting dates); F4 notes RSUs do not expire.
- Shares owned after transaction: not specified in the provided filing summary.
- Filing timeliness: Reported May 7, 2026 for a May 5, 2026 transaction—filed within the typical Form 4 reporting window (timely).
Context This filing reflects RSU settlement and a tax-withholding sale (often routine) rather than a market-timed purchase. For retail investors, purchases can be interpreted as stronger bullish signals than tax-related sales. The M-code indicates conversion/exercise of a derivative (here, RSUs) and the immediate sale to cover taxes is effectively a cashless settlement step.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-05-05+37,500→ 81,567 total - Sale
Class A Common Stock
[F2]2026-05-05$125.00/sh−19,222$2,402,750→ 62,345 total - Exercise/Conversion
Restricted Stock Units
[F1][F3][F4]2026-05-05−37,500→ 337,500 total→ Class A Common Stock (37,500 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 August 5, 2025, and vests as to 1/16 of the total award thereafter on the fifth calendar day of November, February, May, and August, 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.