Form 4: CoreWeave CFO Sells Shares Under 10b5-1 Plan

CoreWeave's Chief Financial Officer, Nitin Agrawal, sold 3,640 shares of Class A Common Stock on November 25, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Nitin Agrawal, Chief Financial Officer of CoreWeave, Inc. (CRWV), reported the sale of 3,640 shares of Class A Common Stock.
• The transactions occurred on November 25, 2025, and were executed pursuant to a Rule 10b5-1 trading plan adopted on May 22, 2025.
• The shares were sold in multiple transactions at weighted average prices ranging from $66.18 to $72.05 per share.
• Following these transactions, Nitin Agrawal directly beneficially owns 147,519 shares of Class A Common Stock.
• Additionally, 115,905 shares are indirectly beneficially owned by his spouse, and 57,952 shares are indirectly beneficially owned by the Yosemite 2025 GRAT, for which he is the sole trustee and beneficiary.

Sentiment

Score: 5

Explanation: The sale was executed under a pre-arranged 10b5-1 trading plan, indicating a planned transaction rather than a reaction to new information. While it reduces insider ownership, the pre-planned nature mitigates negative sentiment.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a planned transaction for personal financial management rather than a reaction to new, non-public information, which enhances transparency.

Negatives

• The transactions represent a reduction in the direct beneficial ownership of Class A Common Stock by a key executive, which could be perceived as a slight decrease in insider alignment, although mitigated by the pre-planned nature.

Industry Context

This filing is a routine insider transaction report and does not provide specific information related to broader industry trends or competitive landscape. Insider sales under 10b5-1 plans are common across various industries for personal financial planning.

Related Party Transactions

• 115,905 shares of Class A Common Stock are indirectly beneficially owned by the reporting person's spouse.
• 57,952 shares of Class A Common Stock are indirectly beneficially owned by the Yosemite 2025 GRAT, for which the reporting person is the sole trustee and beneficiary.

Stakeholder Impact

• Shareholders: A minor reduction in direct insider ownership, but the pre-planned nature of the sale under a 10b5-1 plan suggests it is for personal financial management and not indicative of a change in company fundamentals, thus limiting significant impact.

Key Dates

Recommendation

The sale by CoreWeave's CFO was conducted under a pre-established Rule 10b5-1 trading plan, indicating a scheduled transaction rather than a reaction to new company developments. While it represents a reduction in direct insider ownership, the planned nature and the remaining substantial direct and indirect holdings suggest this is likely for personal financial planning or diversification, not a negative signal about the company's prospects. Therefore, a 'hold' recommendation is appropriate, as this transaction alone does not provide sufficient new information to alter a fundamental investment thesis.

Keywords

CoreWeave, CRWV, Nitin Agrawal, CFO, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Class A Common Stock