Agrawal Nitin 4
Research Summary
AI-generated summary
CoreWeave (CRWV) CFO Nitin Agrawal Sells Shares
What Happened
Nitin Agrawal, Chief Financial Officer of CoreWeave (CRWV), reported transactions on June 30, 2026. He sold 4 shares in an open-market sale at $95.69 each for proceeds of $383. On the same date 7 restricted stock units (RSUs) converted into 7 shares (exercise/conversion of a derivative), and 7 shares were disposed to satisfy tax withholding obligations related to that RSU settlement.
Key Details
- Transaction date: 2026-06-30; Form 4 filed 2026-07-02 (no late-filing flag noted).
- Open-market sale: 4 shares @ $95.69 = $383.
- RSU settlement: 7 RSUs converted to 7 shares (no purchase price reported for RSU settlement).
- 7 shares disposed as part of tax withholding from the RSU settlement (footnote F2).
- Footnotes: F1 (each RSU = right to one share); F5/F6 (award was performance- and service-based, vested in part due to IPO and follows a quarterly vesting schedule; RSUs do not expire); F3/F4 note some reported securities are held in family GRAT trusts.
- Shares owned after the transactions: not specified in the excerpted filing.
Context
The conversion was a settlement of RSUs (not a typical option exercise requiring cash); the sale of shares to cover taxes is a routine, administrative transaction and common when equity awards vest. The separate 4-share open-market sale is small in dollar terms and, by itself, is not a strong signal of insider sentiment. Purchases generally carry more informational weight than small, routine sales.