CoreWeave's CEO Dumps Over 300,000 Shares Worth $27.3 Million
The executive disposed of 308,000 shares as the stock price has dropped in recent days amid interest-rate fears.
Overview
Michael N. Intrator, CEO and President of CoreWeave, Inc. (NASDAQ:CRWV), completed the sale of ~308,000 shares of Class A Common Stock on August 25, 2026, for total proceeds of approximately $27.3 million, as disclosed in a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($88.60); post-transaction value based on August 25, 2026 market close ($88.04).
Details
CoreWeave operates as a specialized infrastructure provider in the high-performance computing segment. The company differentiates itself through purpose-built infrastructure optimized for generative AI workloads, addressing a critical gap in enterprise compute requirements as organizations scale AI-driven applications.
Source
Originally published at www.fool.com.