Intrator Michael N 4
4 · CoreWeave, Inc. · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
CoreWeave (CRWV) 10% Owner Michael Intrator Sells Shares
What Happened
Michael N. Intrator, a reported 10% owner of CoreWeave (CRWV), executed multiple open-market sales on March 25, 2026, disposing of 82,456 shares of Class A common stock for total cash proceeds of roughly $7.2 million. The filing also reports conversion-related entries for 50,000 shares (conversion of a derivative/convertible Class B to Class A and a related derivative disposition) but those conversion entries show no dollar amounts in the filing.
This was predominately a sale (routine liquidity), not a purchase. Several sales were effected pursuant to a Rule 10b5-1 trading plan (see footnote F1).
Key Details
- Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (appears timely).
- Open-market sales: 82,456 shares sold in multiple tranches for aggregate proceeds of ≈ $7,202,031. Reported prices (weighted averages per tranche) ranged from about $85.60 to $88.25; underlying executions spanned approximately $85.03–$88.62.
- Conversion/derivative activity: two entries for 50,000 shares each (one "Conversion of derivative security" acquired; one conversion/derivative disposed) — no dollar amounts reported. Footnote F6 notes Class B shares are convertible into Class A.
- Notable footnotes: F1 (sales effected under a Rule 10b5-1 plan adopted May 23, 2025); F2–F5, F8 (prices are weighted averages across ranges); F6 (Class B → Class A conversion); F7–F13 (securities held through trusts and entities — some shares are held in family trusts, Omnadora, Silver Thimble, spouse-held accounts, etc.).
- Shares owned after transaction: not specified in the excerpt provided; consult the full Form 4 for reported post-transaction beneficial ownership.
Context
- As a 10% owner, Intrator’s trades reflect ownership/institutional-level activity rather than executive compensation signals; such sales can be for many reasons (liquidity, estate planning, trusts), and do not by themselves indicate a change in company fundamentals.
- The presence of a 10b5-1 plan (F1) means some sales were pre-scheduled through a trading plan adopted in May 2025, which is commonly used to avoid allegations of trading on material nonpublic information.
- The conversion entries reflect conversion of convertible shares (Class B → Class A) rather than a cash purchase; no cash proceeds were reported for those conversion lines in this filing.
Insider Transaction Report
Form 4
CoreWeave, Inc.CRWV
Intrator Michael N
DirectorCEO and President10% Owner
Transactions
- Sale
Class A Common Stock
[F1][F2]2026-03-25$85.60/sh−2,086$178,556→ 5,696,871 total - Sale
Class A Common Stock
[F1][F3]2026-03-25$86.71/sh−5,338$462,871→ 5,691,533 total - Sale
Class A Common Stock
[F1][F4]2026-03-25$87.54/sh−22,159$1,939,856→ 5,669,374 total - Sale
Class A Common Stock
[F1][F5]2026-03-25$88.25/sh−2,873$253,552→ 5,666,501 total - Conversion
Class A Common Stock
[F6][F7]2026-03-25+50,000→ 50,000 total(indirect: By LLC) - Sale
Class A Common Stock
[F1][F8][F7]2026-03-25$85.60/sh−3,214$275,109→ 46,786 total(indirect: By LLC) - Sale
Class A Common Stock
[F1][F3][F7]2026-03-25$86.71/sh−8,223$713,038→ 38,563 total(indirect: By LLC) - Sale
Class A Common Stock
[F1][F4][F7]2026-03-25$87.54/sh−34,136$2,988,351→ 4,427 total(indirect: By LLC) - Sale
Class A Common Stock
[F1][F5][F7]2026-03-25$88.25/sh−4,427$390,698→ 0 total(indirect: By LLC) - Conversion
Class B Common Stock
[F6][F7]2026-03-25−50,000→ 24,849,280 total(indirect: By LLC)→ Class A Common Stock (50,000 underlying)
Holdings
- 21,867,489
Class B Common Stock
[F6]→ Class A Common Stock (21,867,489 underlying) - 266,031(indirect: PMI 2024 F&F GRAT)
Class B Common Stock
[F6][F9]→ Class A Common Stock (266,031 underlying) - 4,576,000(indirect: By Trust)
Class B Common Stock
[F6][F10]→ Class A Common Stock (4,576,000 underlying) - 2,290,320(indirect: By Trust)
Class B Common Stock
[F6][F11]→ Class A Common Stock (2,290,320 underlying) - 7,240(indirect: By Trust)
Class B Common Stock
[F6][F12]→ Class A Common Stock (7,240 underlying) - 365,200(indirect: By Spouse)
Class B Common Stock
[F6][F13]→ Class A Common Stock (365,200 underlying)
Footnotes (13)
- [F1]The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2025.
- [F10]The reported securities are directly held by the Intrator Family GST-Exempt Trust, of which the reporting person's spouse and children are the beneficiaries and his spouse serves as co-trustee.
- [F11]The reported securities are directly held by the Intrator Family Trust, of which the reporting person's spouse and children are the beneficiaries and his spouse serves as co-trustee.
- [F12]The reported securities are directly held by the Silver Thimble Resulting Trust ("Silver Thimble"), an irrevocable trust with a third-party trustee, of which the reporting person's children are beneficiaries. Pursuant to its constitutive documents, investment discretion over its assets is exercised by its investment manager, Copper Thimble LLC, for which the reporting person serves as the manager. The reporting person also has the power to remove and replace Silver Thimble's trustee.
- [F13]The reported securities are directly held by the reporting person's spouse.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.03 to $86.02, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this filing.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.04 to $87.03, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.04 to $88.03, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.04 to $88.62, inclusive.
- [F6]Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
- [F7]The reported securities are directly held by Omnadora Capital LLC ("Omnadora"). The reporting person is the sole manager of Omnadora's manager, Omnadora Management LLC. In such capacity, the reporting person may be deemed to beneficially own securities directly held by Omnadora. The reporting person disclaims beneficial ownership for purposes of Section 16 of the Exchange Act of 1934, as amended, except to the extent of his pecuniary interest therein.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.03 to $86.02, inclusive.
- [F9]The reported securities are directly held by the PMI 2024 F&F GRAT (the "PMI GRAT"). The reporting person is the sole beneficiary of the PMI GRAT and his spouse is trustee.
Signature
/s/ Nisha Antony, as Attorney-in-Fact|2026-03-27