CoreWeave (CRWV) EVP Goldberg Chen Sells Shares

What Happened

• Goldberg Chen, EVP of Product & Engineering at CoreWeave, had restricted stock units (RSUs) settle and sold shares on Aug 20, 2026. The filing shows conversion/settlement of 8,695 and 8,038 RSUs (total 16,733 shares) and an open-market sale of 8,628 Class A shares at $91.88 each, generating $792,741. The filing also reports derivative dispositions that correspond to shares withheld in connection with the RSU settlement.

Key Details

• Transaction date: August 20, 2026; Form 4 filed August 21, 2026 (timely).
• Open-market sale: 8,628 shares at $91.88 — proceeds $792,741.
• RSU conversions (reported as derivative exercises): 8,695 and 8,038 shares acquired via settlement.
• Derivative dispositions: 8,695 and 8,038 shares shown as disposed — footnote indicates these relate to tax withholding tied to the RSU settlement.
• Shares owned after transaction: Not stated in the filing.
• Relevant footnotes: F1 (each RSU converts to one share upon settlement); F2 (shares sold to satisfy tax withholding from vesting/settlement); F3/F5 (vesting schedule: 1/4 on Feb 20, 2026, then 1/16 on May/Aug/Nov/Feb tranches; first tranche vested May 20, 2026); F4 (RSUs do not expire).
• Codes: M = exercise/conversion of derivative (here, RSU settlement); S = sale. The sales here were primarily to satisfy tax obligations (per F2), not shown as a 10b5-1 plan.

Context

• The "M" entries reflect RSU settlement (conversion of contingent awards into shares). The filing indicates shares were withheld or sold to cover tax withholding tied to that vesting, and an open-market sale of 8,628 shares was recorded. Such sales to satisfy tax withholding are common after vesting and do not by themselves indicate insider sentiment about the company.