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CoreWeave, Inc. 4

0001769628-26-000409

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Chief Development Officer Brannin McBee and related entities converted Class B into Class A and sold roughly 249,000+ Class A shares of CoreWeave, Inc. (CRWV) on August 24, 2026 under a 10b5-1 plan for total proceeds of about $21–$22 million, while retaining substantial remaining holdings.

On August 24, 2026, CoreWeave, Inc. Chief Development Officer Brannin McBee converted multiple blocks of Class B Common Stock into Class A Common Stock and, pursuant to a Rule 10b5-1 trading plan, executed sizable open‑market sales of Class A shares across his direct holdings and several related entities (spouse, a 2022 irrevocable trust, Canis Major 2024 Irrevocable Trust LLC, and the Canis Major 2025 and Canis Minor 2025 GRATs). The direct account converted 144,000 Class B shares into 144,000 Class A shares and then sold an aggregate 144,000 Class A shares in four tranches at weighted‑average prices between approximately $83.93 and $86.48 per share, leaving 327,691 Class A shares directly owned. His spouse’s account converted 25,000 Class B shares into 25,000 Class A shares and sold exactly 25,000 shares in four tranches at similar price levels, ending with zero Class A shares but retaining indirect economic exposure through McBee. The Brannin J. McBee 2022 Irrevocable Trust likewise converted 25,000 Class B into 25,000 Class A shares and sold all 25,000; Canis Major 2024 Irrevocable Trust LLC converted 3,000 Class B into 3,000 Class A and sold all 3,000; Canis Major 2025 GRAT converted 40,000 Class B into 40,000 Class A and sold all 40,000; and Canis Minor 2025 GRAT converted 12,500 Class B into 12,500 Class A and sold all 12,500. At prices around $84–$86.50, the aggregate sales across all related entities approximate $21–$22 million in gross proceeds, and McBee and his related parties continue to hold multi‑million‑dollar positions (e.g., 5,322,894 Class A shares directly, 1,780,300 via spouse, 3,341,020 via the 2022 trust, 288,000 via Canis Major 2024, 3,437,227 via Canis Major 2025 GRAT, and 411,205 via Canis Minor 2025 GRAT as reflected in the derivative conversion table), indicating a major but partial liquidity event rather than a full exit.

Filing Facts

CIK
1769628
Ticker
CRWV
Form
4
Source Type
sec
Accession
0001769628-26-000409
Alert Tier
9
CoreWeave, Inc. 4 | ATTN