Form 4: CoreWeave CFO Sells Shares for Tax Obligations
Statement of Changes in Beneficial Ownership
CoreWeave's Chief Financial Officer, Nitin Agrawal, reported the acquisition of shares from RSU vesting and subsequent sale of a portion to cover tax liabilities.
Summary
- Nitin Agrawal, Chief Financial Officer of CoreWeave, Inc., reported transactions on August 20, 2025.
- Acquired 11,413 shares of Class A Common Stock at a price of $0 through the vesting and settlement of Restricted Stock Units (RSUs).
- Sold 6,010 shares of Class A Common Stock at a weighted average price of $89.9931 to satisfy tax withholding obligations related to the RSU vesting.
- The sale price ranged from $89.74 to $90.00 per share.
- Following these transactions, direct beneficial ownership of Class A Common Stock is 128,412 shares.
- Indirect beneficial ownership includes 115,905 shares held by spouse and 57,952 shares held by Yosemite 2025 GRAT, where the reporting person is the sole trustee and beneficiary.
- Remaining unvested Restricted Stock Units total 159,775, held directly.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction involving RSU vesting and a subsequent sale of shares to cover tax obligations. This is a neutral event, neither significantly positive nor negative for the company's outlook.
Positives
- The vesting of 11,413 Restricted Stock Units indicates continued compensation and retention of a key executive, reflecting ongoing service to the company.
Negatives
- A portion of shares (6,010) was sold, reducing the direct beneficial ownership of the Chief Financial Officer, although this was for tax withholding purposes.
Future Outlook
The filing does not contain specific forward-looking statements or guidance beyond the vesting schedule of the Restricted Stock Units, which vest as to 1/16 of the total award on the 20th calendar day of May, August, November, and February, subject to continued service.
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction, common across all industries when executives receive equity compensation that vests and requires tax withholding. It does not provide specific insights into broader industry trends or competitive positioning for CoreWeave.
Stakeholder Impact
- Shareholders: The transaction is a routine insider compensation event and tax-related sale, unlikely to have a material impact on the company's operational performance or strategic direction. It provides transparency into executive compensation and ownership.
- Employees: The RSU vesting demonstrates the company's compensation structure for executives, which may be indicative of broader equity compensation plans.
Next Steps
- Future tranches of the Restricted Stock Units are scheduled to vest on the 20th calendar day of May, August, November, and February, subject to the reporting person's continued service.
Key Dates
| Date | Description |
|---|---|
| 05/20/2025 | First tranche of Restricted Stock Units vested. |
| 08/20/2025 | Transaction date for RSU vesting and subsequent sale of Class A Common Stock. |
| 08/22/2025 | Date the Form 4 filing was signed. |
Keywords
CoreWeave, CRWV, Nitin Agrawal, CFO, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Stock Sale, Tax Withholding
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