Cogen Jack D 4
4 · CoreWeave, Inc. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
CoreWeave Director Jack D. Cogen Sells 546,540 Shares
What Happened
Jack D. Cogen, a director of CoreWeave, sold a total of 546,540 Class A shares on May 26, 2026 in a series of open‑market or private sales. The disposals were reported at weighted average prices of $106.54, $107.43, $108.32 and $109.02 across different lots, producing aggregate proceeds of approximately $58,915,543. All reported transactions are sales (code S).
Key Details
- Transaction date: May 26, 2026; Form 4 filed May 28, 2026 (timely — within the typical 2‑business‑day window).
- Shares sold: 546,540 total across multiple lots (breakdown in filing: 104,525 @ $106.54; 115,592 @ $107.43; 320,877 @ $108.32; 5,546 @ $109.02).
- Approximate proceeds: $58.9 million (sum of reported lot values).
- Price details: reported as weighted averages; underlying trade price ranges noted in footnotes (roughly $106.00 to $109.10 across lots).
- Holdings/ownership: many shares are held through trusts and entities (see footnotes F10–F20); Cogen is manager/trustee of several entities and some securities are held by his spouse or family trusts. He disclaims beneficial ownership of certain entity‑held shares except to the extent of any pecuniary interest (per footnote F2).
- Filing timeliness: Not marked late; filed two days after the trade date.
Context
- These were outright sales (not option exercises or awards). Sales by directors can be routine (diversification, estate planning, trust management) and do not by themselves indicate company outlook.
- Multiple entities and trusts were used to hold/sell the shares (detailed in the footnotes), which is common for executives/families.
- For full post‑transaction holdings and per‑price execution breakdowns, consult the complete Form 4 filing (Accession No. 0001769628-26-000253).
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2][F3]2026-05-26$106.54/sh−21,037$2,241,305→ 88,963 total(indirect: By Trust) - Sale
Class A Common Stock
[F4][F2][F3]2026-05-26$107.43/sh−23,265$2,499,287→ 65,698 total(indirect: By Trust) - Sale
Class A Common Stock
[F5][F2][F3]2026-05-26$108.32/sh−64,582$6,995,451→ 1,116 total(indirect: By Trust) - Sale
Class A Common Stock
[F6][F2][F3]2026-05-26$109.02/sh−1,116$121,661→ 0 total(indirect: By Trust) - Sale
Class A Common Stock
[F7][F2][F8]2026-05-26$106.54/sh−21,037$2,241,305→ 88,963 total(indirect: By Trust) - Sale
Class A Common Stock
[F4][F2][F8]2026-05-26$107.43/sh−23,265$2,499,287→ 65,698 total(indirect: By Trust) - Sale
Class A Common Stock
[F5][F2][F8]2026-05-26$108.32/sh−64,582$6,995,451→ 1,116 total(indirect: By Trust) - Sale
Class A Common Stock
[F6][F2][F8]2026-05-26$109.02/sh−1,116$121,661→ 0 total(indirect: By Trust) - Sale
Class A Common Stock
[F7][F2][F9]2026-05-26$106.54/sh−21,037$2,241,305→ 88,963 total(indirect: By Trust) - Sale
Class A Common Stock
[F4][F2][F9]2026-05-26$107.43/sh−23,265$2,499,287→ 65,698 total(indirect: By Trust) - Sale
Class A Common Stock
[F5][F2][F9]2026-05-26$108.32/sh−64,582$6,995,451→ 1,116 total(indirect: By Trust) - Sale
Class A Common Stock
[F6][F2][F9]2026-05-26$109.02/sh−1,116$121,661→ 0 total(indirect: By Trust) - Sale
Class A Common Stock
[F7][F2][F10]2026-05-26$106.54/sh−21,037$2,241,305→ 88,963 total(indirect: By Trust) - Sale
Class A Common Stock
[F4][F2][F10]2026-05-26$107.43/sh−23,265$2,499,287→ 65,698 total(indirect: By Trust) - Sale
Class A Common Stock
[F5][F2][F10]2026-05-26$108.32/sh−64,582$6,995,451→ 1,116 total(indirect: By Trust) - Sale
Class A Common Stock
[F6][F2][F10]2026-05-26$109.02/sh−1,116$121,661→ 0 total(indirect: By Trust) - Sale
Class A Common Stock
[F7][F2][F11]2026-05-26$106.54/sh−104,525$11,136,208→ 10,225,151 total(indirect: By LLC) - Sale
Class A Common Stock
[F4][F2][F11]2026-05-26$107.43/sh−115,592$12,417,690→ 10,109,559 total(indirect: By LLC) - Sale
Class A Common Stock
[F5][F2][F11]2026-05-26$108.32/sh−320,877$34,757,044→ 9,788,682 total(indirect: By LLC) - Sale
Class A Common Stock
[F6][F2][F11]2026-05-26$109.02/sh−5,546$604,601→ 9,783,136 total(indirect: By LLC)
- 261,140
Class A Common Stock
- 654,200(indirect: By Trust)
Class A Common Stock
[F2][F12] - 146,613(indirect: By Spouse)
Class A Common Stock
[F13] - 116,167(indirect: Cherry Tree 2024 GRAT)
Class A Common Stock
[F14] - 654,200(indirect: By Trust)
Class A Common Stock
[F2][F15] - 1,200,000(indirect: By Trust)
Class A Common Stock
[F16] - 19,200(indirect: By Trust)
Class A Common Stock
[F2][F17] - 654,200(indirect: By Trust)
Class A Common Stock
[F2][F18] - 200,000(indirect: By Trust)
Class A Common Stock
[F2][F19] - 654,200(indirect: By Trust)
Class A Common Stock
[F2][F20]
Footnotes (20)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.00 to $106.99, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this filing.
- [F10]The reported securities are directly held by the Willow Br Trust LLC, of which the reporting person is the manager.
- [F11]The reported securities are directly held by CW Holding 987 LLC, of which the reporting person serves as manager.
- [F12]The reported securities are directly held by the Birch Tree Trust LLC, of which the reporting person is the manager.
- [F13]The reported securities are directly held by the reporting person's spouse.
- [F14]The reported securities are directly held by the Cherry Tree 2024 GRAT, of which the reporting person is trustee and his spouse is beneficiary.
- [F15]The reported securities are directly held by the Chestnut Tree Trust LLC, of which the reporting person is the manager.
- [F16]The reported securities are directly held by the Cogen Family Trust, dated December 17, 2012, of which the reporting person's spouse serves as co-trustee and of which his spouse and daughter are beneficiaries.
- [F17]The reported securities are directly held by the Jack D. Cogen 2020 Family Trust (the "2020 Trust"), an irrevocable trust with a third-party trustee. The reporting person's spouse and daughter are beneficiaries of the 2020 Trust and the reporting person has the power to remove and replace the trustee.
- [F18]The reported securities are directly held by the Maple Tree Trust LLC, of which the reporting person is the manager.
- [F19]The reported securities were directly held by Pine Tree Trust LLC, of which the reporting person serves as manager.
- [F2]The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act over securities held by the entity, except to the extent of his pecuniary interest therein, if any.
- [F20]The reported securities are directly held by the Willow Tree Trust LLC, of which the reporting person is the manager.
- [F3]The reported securities are directly held by the Birch Br Trust LLC, of which the reporting person is the manager.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.00 to $107.985, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.99 to $108.97, inclusive.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.98 to $109.10, inclusive.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.00 to $106.99, inclusive.
- [F8]The reported securities are directly held by the Chestnut Br Trust LLC, of which the reporting person is the manager.
- [F9]The reported securities are directly held by the Maple Br Trust LLC, of which the reporting person is the manager.