Jain Sachin 4

What Happened

• Sachin Jain, Chief Operating Officer of CoreWeave (CRWV), had restricted stock units (RSUs) convert/settle on May 20, 2026 and completed a stock sale that day. The filing shows conversions of 8,037 and 7,607 RSUs (total 15,644 shares) into Class A common stock. On the same date he sold 6,377 shares in an open market transaction at $99.82 per share, generating proceeds of $636,552. The filing also shows the converted RSU shares were disposed (withheld/surrendered) in connection with tax withholding tied to the RSU settlement.

Key Details

• Transaction date: May 20, 2026 (reported on Form 4 filed May 22, 2026).
• Open-market sale: 6,377 shares at $99.82 per share = $636,552 total.
• RSU conversions/settlements: 8,037 shares and 7,607 shares (total 15,644) converted to Class A common stock; those converted shares were reported as disposed to satisfy tax withholding.
• Footnotes: F1–F5 explain these were restricted stock units (one RSU = one share), vesting schedule (tranches vest 1/16 on May/Aug/Nov/Feb after initial 1/4 vest on Feb 20, 2026), and that shares were sold to satisfy tax withholding.
• Shares owned after transaction: Not specified in the filing.
• Timeliness: Form 4 was filed May 22, 2026 for a May 20 transaction; no late-filing indication in the report.

Context

• This was an RSU settlement and associated share activity, not a straightforward purchase. The RSUs vested/converted into shares, some of which were surrendered/withheld to cover tax withholding obligations and a separate block of 6,377 shares was sold in the open market. Such transactions are commonly routine tax-withholding and liquidity actions tied to executive equity vesting rather than a direct signal of buying or selling intent.