WHITMAN MARGARET C 4
Research Summary
AI-generated summary
CoreWeave (CRWV) Director Margaret C. Whitman Receives RSU Award
What Happened
Margaret C. Whitman, a director of CoreWeave, received an award of 2,532 restricted stock units (RSUs) on June 8, 2026. The RSUs were granted at $0.00 per unit (reported as a derivative award), meaning this was a compensation grant rather than a purchase or sale. No immediate cash changed hands and the filing does not report a cash value or sale of underlying shares.
Key Details
- Transaction date: June 8, 2026 (reported in Form 4 filed June 10, 2026).
- Transaction type: Award/Grant of RSUs (code A).
- Amount: 2,532 restricted stock units @ $0.00 (derivative award).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes from the filing:
- Each RSU represents a contingent right to receive one share of Class A common stock upon settlement.
- The award was granted at the issuer’s 2026 Annual Meeting of Stockholders.
- Vesting: fully vests on the earlier of (i) June 8, 2027 or (ii) the issuer’s next annual meeting, subject to continued service.
- RSUs do not expire; they either vest or are cancelled before the vesting date.
- Filing timeliness: Form 4 was filed two days after the grant (June 10 for a June 8 grant), which appears to be timely under standard Form 4 rules.
Context
RSU grants to directors are common as part of compensation and are not an immediate buy or sell signal. These RSUs are a contingent, non-transferable right to receive shares if and when they vest, and do not reflect an open-market endorsement of the stock.