CoreWeave (CRWV) COO Sachin Jain Sells 13,608 Shares

What Happened

• Sachin Jain, Chief Operating Officer of CoreWeave (CRWV), had 33,760 restricted stock units (RSUs) vest/convert into Class A common shares on August 8, 2026. Following the settlement, Jain sold 13,608 shares in an open-market transaction on August 10, 2026 at $92.09 per share, generating proceeds of approximately $1,253,161. The filing also reports the conversion/derivative activity related to the 33,760 RSUs on August 8.

Key Details

• Transaction dates and prices:
  • Aug 8, 2026: 33,760 RSUs vested/converted into shares (reported as exercise/conversion of a derivative).
  • Aug 10, 2026: Sale of 13,608 shares in open market at $92.09/share for ~$1,253,161.
• Reason for sale: Footnote indicates the sale(s) were to satisfy the reporting person's tax withholding obligations incurred on vesting/settlement of RSUs (tax-withholding transaction).
• Vesting terms (from footnotes): Award vested 1/4 on Aug 8, 2025, and vests 1/16 on the eighth calendar day of Nov, Feb, May, and Aug thereafter, subject to continued service; RSUs do not expire but may be cancelled prior to vesting.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date: Form 4 filed Aug 11, 2026 reporting transactions through Aug 8, 2026.

Context

• These were not open-market purchases (not a bullish buy); the sale appears to be routine tax-withholding after RSU settlement rather than a directional trade.
• The derivative entries reflect the conversion/settlement of RSUs into actual shares; part of those shares were sold to cover withholding, per the filing footnote.
• No 10b5-1 plan, gift, or other trading program is indicated in the provided notes.