Baker Jeff 4
4 · CoreWeave, Inc. · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
CoreWeave (CRWV) Principal Accounting Officer Jeff Baker Sells 1,320 Shares
What Happened
Jeff Baker, Principal Accounting Officer of CoreWeave (CRWV), had restricted stock units vest and convert into shares on May 20, 2026, and sold 1,320 of those shares in an open-market transaction at $99.82 each for proceeds of $131,762. The filing shows two conversions/exercises of RSU awards (1,339 shares and 1,086 shares), and the reported sale was made to satisfy tax withholding obligations related to the vesting/settlement.
Key Details
- Transaction date: May 20, 2026; Form 4 filed May 22, 2026 (within the typical 2-business-day reporting window).
- Open-market sale: 1,320 shares at $99.82 per share; total proceeds $131,762.
- Conversion/exercise entries: 1,339 shares and 1,086 shares were converted/settled (reported as derivative exercises).
- Shares owned after the transaction: not specified in the provided excerpt.
- Notable footnotes:
- F1/F2 — These were restricted stock units (RSUs) that converted to Class A common stock on settlement; the sale represents shares sold to satisfy tax withholding on the vesting/settlement.
- F3/F5 — Vesting schedule notes: first tranche vested May 20, 2026; subsequent vesting per the stated schedule.
- F4 — These RSUs do not expire; they either vest or are cancelled prior to vesting.
- Transaction codes: M = exercise/conversion of derivative (RSU settlement); S = open-market sale. The sale appears to be a routine tax-withholding sale, not an independent discretionary sale.
Context
- This was essentially a settlement of RSUs with a portion sold to cover tax withholding (a common, administrative transaction). When RSUs vest and shares are sold immediately to cover taxes, it is typically not an indicator of directional insider sentiment.
- No indication in the filing that this was part of a 10b5-1 plan or a gift; the sale is explicitly tied to tax withholding.
Insider Transaction Report
Form 4
CoreWeave, Inc.CRWV
Baker Jeff
Principal Accounting Officer
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-05-20+1,339→ 1,353 total - Exercise/Conversion
Class A Common Stock
[F1]2026-05-20+1,086→ 2,439 total - Sale
Class A Common Stock
[F2]2026-05-20$99.82/sh−1,320$131,762→ 1,119 total - Exercise/Conversion
Restricted Stock Units
[F1][F3][F4]2026-05-20−1,339→ 20,094 total→ Class A Common Stock (1,339 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5][F4]2026-05-20−1,086→ 11,949 total→ Class A Common Stock (1,086 underlying)
Footnotes (5)
- [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 shall vest as to 1/16th of the total award on the 20th calendar day of May, August, November, and February, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on May 20, 2026.
- [F4]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- [F5]The award shall vest as to 1/4 of the total award on February 20, 2026, and thereafter shall vest as to 1/16 of the total award on the 20th calendar day of May, August, November, and February, subject to the reporting person's continued service to the Issuer on each vesting date.
Signature
/s/ Nisha Antony, as Attorney-in-Fact|2026-05-22