Baker Jeff 4

What Happened
Jeff Baker, Principal Accounting Officer at CoreWeave, had restricted stock units settle (conversion/exercise of a derivative) resulting in 7 shares credited, and sold 4 of those shares in an open-market sale on June 30, 2026. The 4 shares were sold at $95.69 each for total proceeds of approximately $383. The transactions reflect a sale to satisfy tax withholding from the RSU settlement rather than a separate investment decision.

Key Details

• Transaction date: June 30, 2026; filing date: July 2, 2026 (covers period ended June 30, 2026). Filing appears timely.
• Sale: 4 shares disposed in an open-market sale at $95.69 per share for about $383. (Code S)
• Conversion/settlement: 7 shares credited via exercise/conversion of a derivative (code M); filing also lists 7 shares disposed under a derivative entry consistent with RSU settlement mechanics.
• Shares owned after transaction: not specified in the provided excerpt.
• Notable footnotes:
  • F1: The awards are restricted stock units (RSUs) that represent the right to one share upon settlement.
  • F2: The 4 shares sold were used to satisfy tax withholding obligations from vesting/settlement.
  • F3/F4: Vesting schedule and non-expiration terms noted for the RSU award.

Context
This was a routine RSU settlement with a small, associated share sale to cover taxes (common practice). The sale amount (~$383) is minor and typically reflects withholding rather than a market-driven trade. For clarity, the filing shows a derivative conversion (RSU settlement) followed by a partial sale to satisfy withholding; such transactions are administrative and do not necessarily signal a change in the insider’s view of the company.