HUTCHINS GLENN H 4
Research Summary
AI-generated summary
CoreWeave (CRWV) Director Glenn H. Hutchins Receives RSU Award
What Happened
Glenn H. Hutchins, a director of CoreWeave, was granted 2,532 restricted stock units (RSUs) on June 8, 2026. The award was recorded at $0.00 per unit (a grant/award, not a purchase), and represents a contingent right to receive one share of the company's Class A common stock upon settlement.
Key Details
- Transaction type: Award/Grant (code A) of 2,532 RSUs on 2026-06-08. Price reported: $0.00 (grant).
- Vesting: RSUs vest in full on the earlier of (i) June 8, 2027 or (ii) the issuer’s next annual meeting of stockholders, subject to Hutchins’ continued service.
- RSU terms: Each unit converts to one share upon settlement; the RSUs do not expire and will either vest or be cancelled prior to vesting.
- Filing: Form 4 covering the 6/8/2026 grant was filed on 6/10/2026 (timely under typical reporting rules).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
Context
This is a standard equity compensation award to a director (retention/compensation), not an open-market purchase or sale. RSU grants are common for aligning executive/director incentives with shareholder value; they become actual shares only if and when they vest and are settled.