CoreWeave General Counsel Sells Shares via Pre-arranged Trading Plan
Kristen McVeety, the General Counsel and Secretary of CoreWeave (CRWV), sold 2,100 shares of Class A Common Stock on August 26 for $184,855. The transaction was conducted under a pre-arranged Rule 10b5-1 trading plan established in May 2025, which is designed to prevent insider trading concerns by automating trades ahead of time. The sale comes amid strong stock performance this year, with CoreWeave's shares rising 18.2% through August 28—outperforming both the S&P 500 and Nasdaq Composite indices. Other executives have also sold shares under similar plans during the same period without indicating a lack of confidence in the company’s future. CoreWeave, which provides GPU-accelerated cloud computing infrastructure for generative AI applications, reported $7.6 billion in trailing twelve-month revenue but posted a net loss of $1.9 billion over that time.
Tickers: $CRWV
Topics: 10b5-1 plan CoreWeave insider trading