CoreWeave General Counsel Sells Shares via Pre-Arranged Trading Plan
Kristen J. McVeety, General Counsel and Secretary at CoreWeave (NASDAQ:CRWV), sold 2,100 shares of Class A Common Stock on August 26 for $184,855 under a pre-established 10b5-1 trading plan set up in May 2025. The transaction does not reflect insider knowledge or lack of confidence since the sale was scheduled ahead of time and executed automatically. CoreWeave is a cloud computing infrastructure provider focused on GPU-accelerated solutions for generative AI applications, serving large enterprises with high-performance compute resources. As of August 26, its stock closed at $88.01 per share, giving it a market cap of $47.4 billion and trailing twelve-month revenue of $7.6 billion despite a net loss of -$1.9 billion. The company's shares have outperformed both the S&P 500 (up 13.1%) and Nasdaq Composite (up 13.7%), gaining 18.2% through August 28, indicating strong investor sentiment despite executive share sales under pre-arranged plans.
Tickers: $CRWV
Topics: CoreWeave insider selling SEC filing