Form 4 | CoreWeave, Inc. director Magnetar Financial LLC and affiliates sold about 1.1M shares of Class A Common Stock on May 1, 2026
Filings Track
05/02
According to a Form 4 filed with the SEC, CoreWeave, Inc. (CRWV) director and 10%+ shareholder–related entities Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and individual director David J. Snyderman executed a series of sales of Class A Common Stock on May 1, 2026. The trades were carried out across multiple Magnetar funds and vehicles, at weighted average prices ranging from approximately $118.74 to $121.50 per share. Although reported under different fund accounts, the transactions collectively represent a sizable monetization at current valuation levels, with an aggregate volume of roughly one million shares. Continuous selling activity by a major shareholder and board representative is often viewed as a short‑term negative signal and may add selling pressure to the stock. Investors should monitor any further disposition plans and underlying business developments.