Boone Karen 4
4 · CoreWeave, Inc. · Filed Jul 8, 2026
Research Summary
AI-generated summary of this filing
CoreWeave (CRWV) Director Karen Boone Exercises RSUs
What Happened
Karen Boone, a director of CoreWeave, reported the exercise/conversion of 1,480 derivative units into 1,480 shares on July 6, 2026. The filing shows both an "acquired" and a corresponding "disposed" derivative entry for 1,480 shares; no per-share price or total dollar value is reported (N/A). This appears to reflect the settlement/conversion of restricted stock units (RSUs) rather than an open-market purchase or a cash sale of common stock.
Key Details
- Transaction date: 2026-07-06; Form 4 filed: 2026-07-08 (timely filing).
- Reported actions: Code M (exercise/conversion of derivative) — 1,480 shares acquired and 1,480 shares disposed (both lines listed, amounts reported as N/A).
- Price/value: Not reported (N/A) for both lines.
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1–F3 explain these are restricted stock units (each RSU converts to one Class A share upon settlement), vesting occurs in 1/12 tranches on Apr/Jul/Oct/Jan (first tranche vested Apr 6, 2025), and RSUs do not expire—they either vest or are cancelled.
- Filing timeliness: The Form 4 was filed within the standard 2-business-day window (no late filing indication).
Context
For retail investors: this is a derivative-to-common conversion of RSUs (reported with transaction code M). Because there are no dollar amounts or a reported sale of common shares, this filing does not show proceeds or a cash sale—it's a vest/settlement event. Such conversions are typically routine compensation-related transactions; they do not by themselves indicate a buy or sell sentiment.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-07-06+1,480→ 8,780 total - Exercise/Conversion
Restricted Stock Units
[F1][F2][F3]2026-07-06−1,480→ 8,780 total→ Class A Common Stock (1,480 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- [F2]The award vested or vests as to 1/12 of the total award on the sixth calendar day of April, July, October, and January, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on April 6, 2025.
- [F3]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.