Form 4: CoreWeave Director Karen Boone Converts RSUs to Stock

CoreWeave Director Karen Boone converted Restricted Stock Units into Class A Common Stock on October 6, 2025, increasing her direct and indirect holdings.

Summary

• Karen Boone, a Director of CoreWeave, Inc. (CRWV), reported transactions involving the conversion of Restricted Stock Units (RSUs) into Class A Common Stock.
• On October 6, 2025, Boone acquired a total of 1,720 shares of Class A Common Stock through the exercise/conversion of derivative securities (RSUs) at a price of $0 per share.
• Following these transactions, Boone directly beneficially owns 5,160 shares of Class A Common Stock.
• Additionally, Boone indirectly beneficially owns 10,520 shares of Class A Common Stock through The Boone Family Trust, dated August 6, 2015, where she and her spouse are co-trustees and beneficiaries.
• After the conversions, Boone directly beneficially owns 13,180 and 280 Restricted Stock Units, totaling 13,460 units, which represent contingent rights to receive Class A Common Stock.
• The RSUs vested or vest on the sixth calendar day of April, July, October, and January, subject to continued service, with the first tranche having vested on April 6, 2025.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it reflects a routine vesting and conversion of equity awards, indicating continued director involvement and alignment with shareholder interests, without any negative implications.

Positives

• The conversion of Restricted Stock Units into Class A Common Stock indicates the vesting of equity awards, reflecting continued service and commitment from a company director.
• An increase in direct and indirect beneficial ownership by a director can signal confidence in the company's future prospects.

Future Outlook

The remaining Restricted Stock Units are subject to future vesting schedules, with awards vesting on the sixth calendar day of April, July, October, and January, contingent on continued service to the Issuer.

Industry Context

This filing represents a routine insider transaction, specifically the vesting and conversion of equity compensation, which is a common practice across publicly traded companies to align management incentives with shareholder interests. It does not provide broader industry-specific insights.

Related Party Transactions

• The Boone Family Trust, dated August 6, 2015, is a related party through which Karen Boone indirectly holds 10,520 shares of Class A Common Stock. Karen Boone and her spouse are co-trustees and beneficiaries of this trust.

Stakeholder Impact

• Shareholders: Increased direct and indirect ownership by a director may be viewed positively, signaling confidence in the company.
• Employees (specifically Karen Boone): The vesting and conversion of RSUs represent the realization of equity compensation, aligning her financial interests with the company's performance.

Next Steps

• Future vesting of remaining Restricted Stock Units on the sixth calendar day of April, July, October, and January, subject to continued service.

Key Dates

Keywords

CoreWeave, CRWV, Karen Boone, Form 4, Insider Transaction, Restricted Stock Units, RSU Conversion, Class A Common Stock, Director Holdings, Equity Compensation