Goldberg Chen 4
Research Summary
AI-generated summary
CoreWeave (CRWV) EVP Goldberg Chen Sells Shares
What Happened
Goldberg Chen, Executive Vice President of Product & Engineering at CoreWeave (CRWV), sold a total of 5,541 shares in open-market transactions on June 15, 2026, generating approximately $594,472 in proceeds. The sales were executed in four lots: 100 shares at $104.16 ($10,416); 2,041 shares at a weighted avg $106.56 ($217,479); 2,900 shares at a weighted avg $107.75 ($312,474); and 500 shares at a weighted avg $108.21 ($54,103). These were sales (not purchases) and therefore represent insider disposals rather than additional insider buying.
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (appears timely within the Form 4 two-business-day window).
- Total shares sold: 5,541; total proceeds: ~$594,472.
- Per-lot breakdown:
- 100 shares @ $104.16 = $10,416.
- 2,041 shares @ $106.56 (weighted avg; underlying prices ranged $106.06–$107.05) = $217,479.
- 2,900 shares @ $107.75 (weighted avg; underlying prices ranged $107.09–$108.08) = $312,474.
- 500 shares @ $108.21 (weighted avg; underlying prices ranged $108.09–$108.47) = $54,103.
- Footnotes: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted June 3, 2025 and modified November 20, 2025. The filing notes weighted-average prices and provides ranges for the multiple executions; detailed per-price breakdowns are available upon request.
- Shares owned after transaction: not specified in this filing.
Context
Sales executed under a Rule 10b5-1 plan are prearranged and commonly used by insiders to systematically sell shares; they do not necessarily signal a change in insider view. This filing documents routine insider disposals rather than purchases or option exercises.