Agrawal Nitin 4
4 · CoreWeave, Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
CoreWeave (CRWV) CFO Nitin Agrawal Sells 63,157 Shares
What Happened
Nitin Agrawal, Chief Financial Officer of CoreWeave, converted/settled 122,320 restricted stock units (reported as a derivative exercise/conversion) on March 11, 2026 and sold 63,157 shares in an open-market/private sale at $79.68 per share, generating $5,032,350. The sale was reported as done to satisfy tax withholding obligations related to the RSU vesting.
Key Details
- Transaction date(s): March 11, 2026; Form 4 filed March 13, 2026 (timely).
- Sale: 63,157 shares at $79.68 each = $5,032,350.
- Conversion/Exercise: 122,320 shares reported as exercised/converted (no per-share price reported).
- Shares retained after settlement: filing doesn’t list total post-transaction holdings; if all sold shares came from this settlement, roughly 59,163 shares remained from the 122,320 converted (122,320 − 63,157 = 59,163).
- Notable footnotes from the filing:
- F1: RSUs represent contingent rights to receive one share on settlement.
- F2: The sale was to satisfy tax withholding from RSU vesting.
- F5/F6: The award vests ratably (approx. 1/16 on specified quarter dates) and RSUs do not expire prior to vesting.
- F3/F4: Some reported securities are held in related GRAT trusts (Yellowstone/Yosemite 2025) per the filing.
- No 10b5‑1 plan or late-filing flag was indicated in the provided data.
Context
This was a conversion/settlement of RSUs with a partial sale to cover taxes (a routine, tax-related disposition rather than a market-timing purchase). For retail investors, purchases by insiders can signal conviction; tax-withholding sales after vesting are common and do not, by themselves, indicate a change in the insider’s view of the company.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-11+122,320→ 291,505 total - Sale
Class A Common Stock
[F2]2026-03-11$79.68/sh−63,157$5,032,350→ 228,348 total - Exercise/Conversion
Restricted Stock Units
[F1][F5][F6]2026-03-11−122,320→ 978,660 total→ Class A Common Stock (122,320 underlying)
- 34,905(indirect: By Spouse)
Class A Common Stock
- 81,000(indirect: By Yellowstone 2025 GRAT)
Class A Common Stock
[F3] - 57,952(indirect: By Yosemite 2025 GRAT)
Class A Common Stock
[F4]
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
- [F2]The reported transaction represents shares of Class A Common Stock of the Issuer sold to satisfy the reporting person's tax withholding obligations, which were incurred in connection with the vesting and settlement of restricted stock units.
- [F3]The reported securities are directly held by the Yellowstone 2025 GRAT, of which the reporting person's spouse is the beneficiary and for which the reporting person serves as trustee.
- [F4]The reported securities are directly held by the Yosemite 2025 GRAT, of which the reporting person is the sole trustee and beneficiary.
- [F5]The award vested or vests ratably as to approximately 1/16 of the total award on the eleventh calendar day of June, September, December, and March, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on June 11, 2024.
- [F6]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.