Form 4: CoreWeave GC Exercises Stock Options
Statement of Changes in Beneficial Ownership
CoreWeave's General Counsel and Secretary, Kristen J McVeety, exercised stock options to acquire 120,000 Class A Common Stock shares.
Summary
- Kristen J McVeety, General Counsel and Secretary of CoreWeave, Inc., reported transactions involving Class A Common Stock.
- On December 16, 2025, McVeety exercised options to acquire 100,000 shares of Class A Common Stock at an exercise price of $0.97 per share.
- On the same date, McVeety also exercised options to acquire 20,000 shares of Class A Common Stock at an exercise price of $0.55 per share.
- Following these transactions, McVeety directly beneficially owns 120,079 shares of Class A Common Stock.
- Remaining derivative securities include 200,000 stock options with an exercise price of $0.97, which vest as to 1/48 of the total award monthly, with the first tranche vesting on April 2, 2023.
- An additional 833,207 stock options with an exercise price of $0.55 remain, which became fully vested on March 1, 2025.
Sentiment
Score: 6
Explanation: Slightly positive as an insider is increasing their direct ownership, indicating confidence, though it's a routine compensation event.
Positives
- An insider, the General Counsel and Secretary, increased their direct beneficial ownership of Class A Common Stock by 120,000 shares through option exercises, potentially signaling confidence in the company.
- The exercise prices of $0.97 and $0.55 per share are significantly below the potential market value, representing a clear financial benefit to the executive.
Future Outlook
NA
Industry Context
This is a routine insider transaction filing (Form 4) and does not provide information relevant to broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: Provides transparency into insider holdings and compensation activity. May be viewed as a minor positive signal of insider confidence.
- Employees: Reflects standard executive compensation practices.
Next Steps
- Continued service to the Issuer is required for the vesting of the remaining 200,000 stock options.
Key Dates
| Date | Description |
|---|---|
| 2023-04-02 | First tranche vesting date for 100,000 stock options (1/48 of total award monthly). |
| 2025-03-01 | Date when 20,000 stock options became fully vested. |
| 2025-12-16 | Date of stock option exercises for 100,000 and 20,000 shares. |
| 2025-12-18 | Filing date of the Form 4. |
| 2032-04-19 | Expiration date for 833,207 stock options with an exercise price of $0.55. |
| 2033-03-02 | Expiration date for 200,000 stock options with an exercise price of $0.97. |
Keywords
CoreWeave, CRWV, Form 4, Insider Transaction, Stock Options, Executive Compensation, Beneficial Ownership, Kristen J McVeety
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