Form 4: CoreWeave CFO Nitin Agrawal Reports Significant Stock Transfers for Estate Planning

CoreWeave's Chief Financial Officer, Nitin Agrawal, reported the gifting of 115,905 shares of Class A Common Stock to his spouse and the transfer of 57,952 shares to a GRAT, as disclosed in a recent SEC Form 4 filing.

Summary

• Nitin Agrawal, the Chief Financial Officer of CoreWeave, Inc. (CRWV), filed a Form 4 with the SEC.
• The filing details transactions that occurred on May 23, 2025.
• Mr. Agrawal gifted 115,905 shares of CoreWeave Class A Common Stock to his spouse for no consideration, a transaction exempt under Rule 16b-5.
• He also transferred 57,952 shares of Class A Common Stock to the Yosemite 2025 GRAT, where he serves as the sole trustee and beneficiary, also for no consideration.
• The transfer to the GRAT is considered a change in the form of beneficial ownership with no change in pecuniary interest and is exempt from reporting by Rule 16a-13.
• Following these reported transactions, Mr. Agrawal directly beneficially owns 62,235 shares of Class A Common Stock.
• His spouse indirectly beneficially owns 115,905 shares, and the Yosemite 2025 GRAT indirectly beneficially owns 57,952 shares.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of insider transactions (gifts and transfers) for estate planning purposes, which does not indicate a positive or negative sentiment regarding the company's operational performance or future prospects. It is a neutral event from an investment perspective.

Future Outlook

The document does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• The reported transaction represents a gift, for no consideration, of shares of the Issuer's Class A Common Stock to the reporting person's spouse, which is exempt under Rule 16b-5.
• The reporting person also transferred, for no consideration, 57,952 shares of Class A Common Stock to the Yosemite 2025 GRAT, of which the reporting person is the sole trustee and beneficiary.
• The reporting person believes the transfer to the Yosemite 2025 GRAT constituted a change in his form of beneficial ownership of the shares with no change in his pecuniary interest, and is exempt from reporting by Rule 16a-13 under the Securities Exchange Act of 1934, as amended.

Industry Context

This Form 4 filing is a routine disclosure of an insider's personal stock transactions, specifically gifts and transfers for estate planning. It does not provide information related to broader industry trends or competitive dynamics within the technology or cloud computing sectors.

Related Party Transactions

• The document details a gift of 115,905 shares of Class A Common Stock to the reporting person's spouse for no consideration.
• It also details a transfer of 57,952 shares of Class A Common Stock to the Yosemite 2025 GRAT, of which the reporting person is the sole trustee and beneficiary, for no consideration.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding changes in beneficial ownership by a key executive, though the transactions are gifts/transfers and not sales, thus not directly impacting the market supply of shares.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

CoreWeave, CRWV, Form 4, Insider Transaction, Nitin Agrawal, Chief Financial Officer, CFO, Stock Transfer, Beneficial Ownership, Gift, GRAT, Estate Planning