Form 4: CoreWeave CFO Nitin Agrawal Reports Routine Stock Transactions Following RSU Vesting

CoreWeave's Chief Financial Officer, Nitin Agrawal, reported the acquisition of shares from restricted stock unit vesting and subsequent disposition for tax withholding purposes.

Summary

• CoreWeave, Inc. CFO Nitin Agrawal reported transactions on June 11, 2025, related to his beneficial ownership of Class A Common Stock.
• Agrawal acquired 122,320 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs) at a price of $0.
• Concurrently, 61,546 shares of Class A Common Stock were disposed of at a price of $154.9 per share to satisfy income tax withholding liabilities associated with the net settlement of the RSUs.
• Following these transactions, Nitin Agrawal directly holds 123,009 shares of Class A Common Stock.
• Additionally, 115,905 shares are indirectly held by his spouse, and 57,952 shares are indirectly held by the Yosemite 2025 GRAT, for which Agrawal is the sole trustee and beneficiary.
• Agrawal continues to hold 1,345,660 Restricted Stock Units directly, each representing a contingent right to receive one share of Class A Common Stock upon settlement.
• The RSUs vest ratably as to approximately 1/16 of the total award on the eleventh calendar day of June, September, December, and March, with the first tranche having vested on June 11, 2024.

Sentiment

Score: 5

Explanation: The document reports a routine insider transaction (RSU vesting and tax withholding) which is a standard part of executive compensation. It does not contain information that would significantly alter the company's financial outlook or operational status, thus indicating a neutral sentiment.

Positives

• The vesting of 122,320 Restricted Stock Units indicates continued employment and performance by the Chief Financial Officer, aligning management incentives with shareholder interests.
• The acquisition of shares at a $0 price reflects the conversion of previously granted equity awards, which is a common form of executive compensation.

Negatives

• The disposition of 61,546 shares for tax withholding, while a standard practice for RSU vesting, represents a reduction in the direct beneficial ownership of the CFO.

Future Outlook

The remaining 1,345,660 Restricted Stock Units held by the CFO are subject to a continued vesting schedule, with tranches vesting on the eleventh calendar day of June, September, December, and March, contingent on continued service to the Issuer.

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation, specifically the vesting and settlement of Restricted Stock Units. Such transactions are common across publicly traded companies as part of their equity incentive plans, aiming to align executive interests with long-term shareholder value.

Stakeholder Impact

• Shareholders: The transaction is a routine part of executive compensation and does not indicate a significant change in company strategy or financial health. It reflects the ongoing alignment of management incentives with company performance.
• Employees: No direct impact on general employees is indicated by this filing.
• Management: The vesting of RSUs provides a direct financial benefit to the CFO, reinforcing retention and performance incentives.

Next Steps

• Future tranches of the remaining 1,345,660 Restricted Stock Units are expected to vest on the eleventh calendar day of June, September, December, and March, subject to the CFO's continued service.

Key Dates

Keywords

CoreWeave, CRWV, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Stock Vesting, Tax Withholding, Nitin Agrawal, Chief Financial Officer, Equity Compensation