Form 4: CoreWeave Director Karen Boone Converts RSUs

CoreWeave Director Karen Boone reported the conversion of restricted stock units into Class A Common Stock under a pre-arranged trading plan.

Summary

• Karen Boone, a Director at CoreWeave, Inc., reported transactions involving the conversion of Restricted Stock Units (RSUs) into Class A Common Stock.
• On January 6, 2026, Boone acquired 1,460 shares of Class A Common Stock through the exercise/conversion of derivative securities (RSUs).
• Following this transaction, Boone directly beneficially owned 6,620 shares of Class A Common Stock.
• On the same date, Boone acquired an additional 280 shares of Class A Common Stock through the exercise/conversion of derivative securities (RSUs).
• Following this second transaction, Boone directly beneficially owned 6,900 shares of Class A Common Stock.
• Boone also indirectly beneficially owns 10,520 shares of Class A Common Stock through The Boone Family Trust, where she and her spouse are co-trustees and beneficiaries.
• The transactions were made pursuant to a Rule 10b5-1(c) pre-arranged trading plan.
• One RSU award vested or vests as to 1/12 of the total award on the sixth calendar day of April, July, October, and January, with the first tranche vested on April 6, 2025.
• Another RSU award vested or vests as to 1/4 of the total award on the sixth calendar day of April, July, October, and January, with the final tranche vested on January 6, 2026.

Sentiment

Score: 5

Explanation: The filing is a routine Form 4 reporting insider transactions related to RSU vesting and conversion under a pre-arranged plan. It provides factual information about changes in beneficial ownership and does not inherently indicate positive or negative sentiment regarding the company's performance or future prospects.

Positives

• Conversion of RSUs into common stock indicates a vesting event, which is a standard part of executive compensation.
• The transactions are part of a pre-arranged Rule 10b5-1(c) plan, suggesting a structured approach to insider trading rather than opportunistic timing.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Karen Boone indirectly holds 10,520 shares of Class A Common Stock through The Boone Family Trust, dated August 6, 2015, where she and her spouse serve as co-trustees and beneficiaries.

Stakeholder Impact

• Shareholders: Provides transparency regarding director's equity holdings and compensation structure.
• Employees: Reflects standard equity compensation practices for executives.

Key Dates

Recommendation

This Form 4 filing details routine vesting and conversion of Restricted Stock Units (RSUs) by a director under a pre-arranged 10b5-1 plan. Such transactions are standard compensation events and do not typically provide new fundamental information to warrant a change in investment recommendation. Investors should consider the company's broader financial performance and strategic outlook rather than these routine insider disclosures for investment decisions.

Keywords

CoreWeave, CRWV, Form 4, Insider Trading, Restricted Stock Units, RSU Conversion, Beneficial Ownership, Director, Karen Boone, Equity Compensation, Rule 10b5-1