CoreWeave: COO Sachin Jain sold 4 shares

What happened

• Sachin Jain, chief operating officer, reported three transactions on Sep 30, 2026: exercise/conversion of derivatives (code M) for 8 shares acquired (price N/A); an open market sale (code S) of 4 shares at $87.69 for $351; and an exercise/conversion of derivatives (code M) for 8 shares disposed (price N/A, labeled derivative).

Key details

• Transaction dates and prices: Sep 30, 2026 — 8 shares acquired by exercise/conversion (price N/A); Sep 30, 2026 — 4 shares sold at $87.69 for $351; Sep 30, 2026 — 8 shares disposed by exercise/conversion (price N/A).
• Shares owned after the transaction: not reported in the filing excerpt provided.
• Relevant footnotes from the filing:
  • F1: each restricted stock unit (RSU) represents a contingent right to receive one share upon settlement.
  • F2: the 4 shares sold were reported as sold to satisfy the reporting person's tax withholding obligations incurred in connection with vesting and settlement of RSUs.
  • F3: the RSU award vested 1/4 on Mar 31, 2026, then 1/16 on the last day of Jun, Sep, Dec, and Mar, subject to continued service.
  • F4: these RSUs do not expire; they either vest or are cancelled prior to the vesting date.
• Filing date: filed Oct 2, 2026.

Why it may matter

• The filing shows conversion/exercise of derivative awards and a simultaneous sale of some shares to cover tax withholding related to RSU vesting (i.e., shares sold to satisfy withholding).
• The filing does not show why the insider traded or why the company acted.