CoreWeave (CRWV) Director Glenn Hutchins Receives 516-Share Award

What Happened Glenn H. Hutchins, a CoreWeave director (lead independent director and chair of the compensation committee), was awarded 516 shares of CoreWeave Class A common stock on 2026-07-20. The shares were issued as fully vested restricted stock units settled for shares (an acquisition/award), at an effective price of $73.21 per share, for a total value of $37,776. This was compensation in lieu of a cash retainer for his board service.

Key Details

• Transaction date and filing: Award on 2026-07-20; Form 4 filed 2026-07-22 (timely filing).
• Shares awarded: 516 shares; reported price per share: $73.21; total value reported: $37,776.
• Shares owned after transaction: Not specified in the provided summary of the filing.
• Notable footnotes:
  • F1: These were fully vested RSUs settled for shares, calculated by converting the cash retainer amounts into shares using the 30-day average closing price prior to the grant date.
  • F2/F3: Some reported securities on the filing are held by entities (North Island Inferno Fund II LLC and Tide Mill LLC) over which Hutchins has managerial or investment roles; he disclaims beneficial ownership of those entity-held securities except to the extent of any pecuniary interest.
• Transaction type: A = Award/Grant (compensation), not a market purchase or sale — typically reflects board pay, not a direct buy/sell signal.

Context This was a compensation award (vested RSUs settled for shares) issued in lieu of cash retainer payments. Such awards represent non-market compensation and do not necessarily indicate a personal purchase or sale decision by the insider.