Boone Karen 4
Research Summary
AI-generated summary
CoreWeave (CRWV) Director Karen Boone Sells Shares
What Happened
- Karen Boone, a director of CoreWeave, sold a total of 11,580 shares in multiple open‑market transactions on May 26, 2026, generating total proceeds of approximately $1,245,046. The individual trades were: 1,060 shares @ $108.23 ($114,724); 3,507 shares @ $107.00 ($375,249); 3,506 shares @ $107.33 ($376,317); and 3,507 shares @ $108.00 ($378,756). These were sales (S), not purchases or option exercises.
Key Details
- Transaction date: May 26, 2026 (reported in Form 4 filed May 28, 2026) — filing appears timely (within two business days).
- Prices and proceeds: see individual trades above; total proceeds ≈ $1,245,046.
- Shares owned after transaction: not stated in the provided filing details.
- Footnote: The reported securities are held directly by The Boone Family Trust (dated August 6, 2015); Karen Boone and her spouse are co‑trustees and beneficiaries (per footnote F1).
- Transaction type: Open market sales (code S). No option exercises, awards, or gifts reported.
Context
- Sales by directors can be for many personal or tax reasons and are common; unlike purchases, they generally provide limited direct signal about the director’s private view of the company. This filing does not indicate an option exercise or other derivative activity.