4Filed Aug 20, 8:00 PM ET
CoreWeave (CRWV) CSO Brian Venturo Sells Shares for $542K
$CRWV · CoreWeave, Inc.Research Summary
AI-generated summary of this SEC filing
CoreWeave (CRWV) CSO Brian Venturo Sells Shares for $542K
What Happened
- Brian M. Venturo, CoreWeave Chief Strategy Officer and a director, had restricted stock units settle (reported as exercise/conversion of derivatives) and sold 5,899 Class A shares in an open-market/private sale on 2026-08-20 for $91.88 each, generating $542,000. The filings also show 11,387 shares reported as acquired via conversion of a derivative and a related derivative disposition of 11,387 shares (see Key Details/footnotes).
- The sale was reported to satisfy tax withholding obligations tied to the vesting/settlement of RSUs, a routine administrative transaction rather than a directional bet on the stock.
Key Details
- Transaction date: August 20, 2026; filing date: August 21, 2026 (filed the next day — timely).
- Sale: 5,899 shares at $91.88 per share for $542,000 total.
- Derivative activity: 11,387 shares reported as acquired via exercise/conversion of a derivative and 11,387 shares reported as disposed as a derivative (per the Form 4 entries).
- Shares owned after transaction: not specified in the provided filing summary.
- Relevant footnotes:
- F1/F6/F7 — the reported acquisitions were related to restricted stock units (RSUs); vesting schedule begins May 20, 2026 and RSUs do not expire prior to vesting.
- F2 — the 5,899-share sale was to satisfy tax withholding from RSU settlement (routine).
- F3–F5 — some securities referenced are held in household/family trusts; the reporting person disclaims beneficial ownership of those holdings except to the extent of any pecuniary interest.
Context
- This is a routine cash-raising/tax-withholding sale following RSU vesting (not a standard open-market buy). When insiders sell shares to cover taxes after RSU settlement, it generally reflects compensation mechanics rather than a vote of confidence or concern about the company.