CoreWeave CEO and President Michael Intrator sold 369,489 shares of Class A Common Stock on July 7 and 8, 2026, for a total of approximately $30.8 million, according to an SEC filing. The sale included 261,797 directly held shares and 107,692 indirectly held shares that were converted from Class B stock and sold through Omnadora Capital LLC, reducing his total equity holdings by 11% and liquidating all Class A shares previously held indirectly. Following the transaction, Intrator retains 2,876,815 directly held shares valued at $258.9 million based on the July 8 closing price of $90.00, along with substantial derivative holdings of about 21.9 million securities held directly and 30.7 million held indirectly through family trusts. The shares were sold at a weighted average price of $83.37 as part of a pre-established Rule 10b5-1 trading plan, while the stock has posted a one-year return of negative 41% and remains well below its 2025 high of $153.20. CoreWeave, a specialized cloud provider for AI workloads, reported first-quarter revenue of $2.1 billion but carries over $25 billion in debt and is not yet profitable.
CoreWeave, Inc. Class A Common StockCEO sold 369,489 shares for $30.8 million, reducing holdings by 11%, signaling insider selling.