CoreWeave CEO Sells Nearly $25 Million in Company Stock Amid Share Price Decline
On July 14, 2026, CoreWeave's CEO Michael N. Intrator sold approximately $24.9 million worth of company stock through a Rule 10b5-1 trading plan. The transaction involved the sale of 307,692 shares at an average price of $80.85 per share and included both directly held and indirectly owned shares via entities like Omnadora Capital LLC. The CEO's indirect ownership through Omnadora was fully liquidated as part of this deal, while his direct holdings were reduced to 2,676,815 shares post-transaction. Despite the sale, Intrator still holds significant derivative securities in the form of options—both vested and unvested—which total over 50 million across direct and indirect ownership. At the time of the transaction, CoreWeave's stock had declined significantly from its October 2025 high of $153.20 to a one-year return of -40%. The company maintains a market capitalization of around $42.1 billion but continues to report net losses due to heavy infrastructure investments.
Tickers: $CRWV
Topics: CEO_sales insider_trading SEC_filing