CoreWeave: 10% owner Michael N Intrator sold 78,552 shares

What happened

• Michael N Intrator, a 10% owner, exercised or converted derivatives that settled into 109,380 shares and 30,978 shares and sold 78,552 shares at $87.69 on Sep 30, 2026, for $6,888,225. The filing shows the exercises/conversions and a sale to satisfy tax withholding in connection with the settlement of restricted stock units.

Key details

• Transaction date: Sep 30, 2026. Sale price: $87.69 per share; total proceeds reported: $6,888,225.
• Derivative/exercise entries: 109,380 shares and 30,978 shares reported as exercised/converted (transaction code M).
• Sale entry: 78,552 shares sold in an open market or private sale (transaction code S).
• Footnotes: F1 — each restricted stock unit (RSU) represents a contingent right to receive one share on settlement; F2 — shares were sold to satisfy the reporting person's tax withholding obligations related to RSU vesting; F3/F5 — RSUs vest quarterly in tranches (1/16 each) on specified quarter-end dates with first tranches in Mar 31, 2025 and Jun 30, 2025; F4 — RSUs do not expire and either vest or are cancelled prior to the vesting date.
• Filing date: Oct 2, 2026. The filing does not indicate a late filing.

Why it may matter

• The filing shows exercises/conversions of derivatives followed by a sale of shares to cover tax withholding (a cashless-type settlement for withholding).
• Michael N Intrator is reported as a 10% owner, indicating a large holder rather than a rank-and-file employee.
• The filing does not show why the insider traded or why the company acted.