Accepted (ET)
8:26 PM
Aug 21, 2026
Filed
Aug 21, 2026
Documents
1
Size
12.9 KB
Summary
CoreWeave (CRWV) COO Sachin Jain Sells Shares
What Happened
Sachin Jain, Chief Operating Officer of CoreWeave (CRWV), had restricted stock units settle into 15,646 shares (7,608 + 8,038) on August 20, 2026, and sold 6,339 of those shares in an open-market transaction at $91.88 each for proceeds of $582,427. The filing records both the acquisition (settlement of RSUs) and the disposition (sale) entries.
Key Details
- Transaction date: August 20, 2026; Form 4 filed August 21, 2026 (timely).
- Sale: 6,339 shares sold at $91.88 per share for $582,427. (Code S — open market sale.)
- Settlement: 15,646 shares reported as acquired via exercise/conversion of derivatives (code M), reflecting RSU settlement (7,608 + 8,038).
- Shares sold were used to satisfy tax withholding obligations related to the RSU vesting (footnote). (Code F — tax withholding.)
- Shares owned after the transaction: not disclosed in the provided excerpt.
- Footnotes: RSUs represent contingent rights to receive one share on settlement; RSUs vest per the stated schedule (initial 1/4 on Feb 20, 2026, then 1/16 on May/Aug/Nov/Feb) and do not expire.
Context
These transactions reflect a routine RSU settlement with a portion of shares sold to cover tax withholding rather than an outright sell-for-investment purpose. For retail investors, such tax-withholding sales are common and do not necessarily signal management’s view on the company’s prospects.