CoreWeave's CEO Sold Company Stock Worth Nearly $25 Million Amid Share Price Declines. Here's a Closer Look at the Transaction.
This artificial intelligence infrastructure company reported a notable insider sale after a 40% decline in its share price over the trailing 12 months.
Overview
Michael N. Intrator, CEO and President of CoreWeave, Inc. (NASDAQ:CRWV), reported the sale of 307,692 shares of Class A Common Stock on July 14, 2026, for a total transaction value of ~$24.9 million, according to a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($80.85); post-transaction value based on July 14, 2026 market close ($79.94).
Details
CoreWeave is a leading infrastructure provider for generative AI workloads, commanding a $42.1 billion market cap. The company has established itself as a critical enabler of enterprise AI adoption by providing purpose-built cloud infrastructure optimized for GPU-accelerated computing.
Source
Originally published at www.fool.com.