Boone Karen 4

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.