CRWV.NASDAQCoreweave, INC

SCHEDULE 13G: CoreWeave Insiders and Affiliates Disclose 15.8% Stake Post-IPO

Sentiment:

Beneficial Ownership Report


Michael and Patricia Intrator, along with affiliated trusts and entities, have disclosed an aggregate beneficial ownership of 15.8% of CoreWeave, Inc.'s Class A Common Stock following the company's initial public offering.

Summary

  • The filing is a Schedule 13G, disclosing beneficial ownership of CoreWeave, Inc.'s Class A Common Stock.
  • The reporting group includes Michael N. Intrator, Patricia A. Intrator, and several affiliated trusts and limited liability companies.
  • As of March 31, 2025, the reporting persons collectively beneficially own an aggregate of 63,813,980 shares of CoreWeave's capital stock.
  • This aggregate ownership represents 15.8% of the Issuer's outstanding Class A Common Stock, calculated based on 345,997,406 shares outstanding upon completion of its initial public offering.
  • Michael N. Intrator individually holds 14.0% beneficial ownership, comprising direct holdings of 7,072,260 Class A shares, 22,103,520 Class B shares, and 1,720,160 stock options exercisable within 60 days.
  • Michael N. Intrator also has shared voting and dispositive power over 25,649,280 Class B shares held by Omnadora Capital LLC and 7,240 Class B shares held by Silver Thimble Resulting Trust.
  • Patricia A. Intrator individually holds 1.8% beneficial ownership, comprising direct holdings of 365,200 Class B shares.
  • Patricia A. Intrator also has shared voting and dispositive power over 4,576,000 Class B shares held by the Intrator Family GST-Exempt Trust, 2,290,320 Class B shares held by the Intrator Family Trust, and 30,000 Class B shares held by the PMI 2024 F&F GRAT.
  • Omnadora Capital LLC and Omnadora Management LLC each report 6.4% beneficial ownership, representing 25,649,280 shares of Class B common stock.
  • The Intrator Family GST-Exempt Trust reports 1.1% beneficial ownership (4,576,000 shares of Class B common stock).
  • The Intrator Family Trust reports 0.6% beneficial ownership (2,290,320 shares of Class B common stock).
  • PMI 2024 F&F GRAT, Silver Thimble Resulting Trust, and Copper Thimble LLC each report less than 0.1% beneficial ownership.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing (Schedule 13G) disclosing beneficial ownership. It does not contain information that would inherently convey positive or negative sentiment regarding the company's operational performance or financial health.

Positives

  • Confirmation of significant insider ownership (15.8%) by founders and their related entities post-IPO, indicating continued alignment of interests with the company's long-term success.
  • The substantial stake held by Michael N. Intrator (14.0% individually) and Patricia A. Intrator (1.8% individually) demonstrates strong commitment from key individuals.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

  • Michael N. Intrator and Patricia A. Intrator are individuals reporting beneficial ownership.
  • Omnadora Capital LLC and Omnadora Management LLC are entities through which Michael N. Intrator exercises shared voting and investment discretion.
  • Silver Thimble Resulting Trust and Copper Thimble LLC are entities through which Michael N. Intrator exercises shared voting and investment discretion.
  • Intrator Family GST-Exempt Trust, Intrator Family Trust, and PMI 2024 F&F GRAT are trusts through which Patricia A. Intrator exercises shared voting and investment discretion.
  • These entities represent the structure through which the Intrator family holds a significant stake in CoreWeave, Inc.

Stakeholder Impact

  • Shareholders: Provides transparency regarding significant insider ownership, which can be viewed positively as it aligns management/founder interests with shareholder interests. It clarifies the ownership structure post-IPO.

Key Dates

DateDescription
2025-03-27Date of Issuer's final prospectus for initial public offering.
2025-03-31Date of event which requires filing of this statement; completion of initial public offering and calculation date for beneficial ownership.
2025-05-15Date of filing of this Schedule 13G statement.

Keywords

CoreWeave Inc., Schedule 13G, Beneficial Ownership, Class A Common Stock, Michael N. Intrator, Patricia A. Intrator, Omnadora Capital, Intrator Family Trust, SEC Filing, IPO, Insider Ownership

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