CoreWeave CEO Michael Intrator sells $29.5m in stock
CoreWeave CEO Michael Intrator sold $29.5 million worth of the company's stock on August 18, 2026. The transactions were carried out under a pre-approved trading plan and at prices between $93.17 and $101.95 per share. This sale resulted in Intrator's direct beneficial ownership of Class A Common Stock dropping to 1,676,815 shares.
Additionally, Omnadora Capital LLC sold 107,692 shares of Class A Common Stock, which were converted from 107,692 shares of Class B Common Stock held by Omnadora Capital LLC. Intrator remains a significant shareholder, directly owning 21,867,489 shares of Class B Common Stock, which can be converted into Class A. CoreWeave reported solid financial results in recent quarters, leading to increased price targets from several analyst firms despite mixed ratings.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.