Jain Sachin 4
4 · CoreWeave, Inc. · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
CoreWeave (CRWV) COO Sachin Jain Sells Shares
What Happened
Sachin Jain, Chief Operating Officer of CoreWeave, had 33,740 restricted stock units (RSUs) convert to shares on May 8, 2026. Following that settlement, he sold a total of 14,750 shares in two open-market transactions — 13,647 shares at $118.36 (proceeds $1,615,259) and 1,103 shares at $121.76 (proceeds $134,301) — totaling $1,749,560. The filing indicates the sales were made to satisfy tax-withholding obligations associated with the RSU settlement (a routine, administrative sale rather than a directional trade).
Key Details
- Transaction date: May 8, 2026; Form 4 filed May 12, 2026 (filed within required timeframe).
- Sales: 13,647 shares @ $118.36 = $1,615,259; 1,103 shares @ $121.76 = $134,301; total proceeds ≈ $1,749,560.
- RSU conversion: 33,740 restricted stock units converted to shares (derivative exercise/conversion).
- Reason for sale: Footnote states shares were sold to satisfy tax withholding obligations (F2).
- Vesting info: Award vested 1/4 on Aug 8, 2025 and vests 1/16 on each Nov/Feb/May/Aug 8 thereafter, subject to continued service (F3). RSUs represent contingent right to one share upon settlement and do not expire (F1, F4).
- Shares owned after transaction: Not specified in the supplied filing data.
Context
- These transactions reflect a common cashless-type outcome when equity awards vest: RSUs converted to shares and some shares sold to cover taxes. Such sales are typically administrative and do not necessarily signal insider sentiment for buying or selling the company stock.
Insider Transaction Report
Form 4
CoreWeave, Inc.CRWV
Jain Sachin
Chief Operating Officer
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-05-08+33,740→ 137,808 total - Sale
Class A Common Stock
[F2]2026-05-08$118.36/sh−13,647$1,615,259→ 124,161 total - Sale
Class A Common Stock
[F2]2026-05-08$121.76/sh−1,103$134,301→ 123,058 total - Exercise/Conversion
Restricted Stock Units
[F1][F3][F4]2026-05-08−33,740→ 303,760 total→ Class A Common Stock (33,740 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 8, 2025, and vests as to 1/16 of the total award thereafter on the eighth 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.
Signature
/s/ Nisha Antony, as Attorney-in-Fact|2026-05-12