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CoreWeave COO Sachin Jain sells $582,427 in shares

CoreWeave COO Sachin Jain sells $582,427 in shares

CoreWeave COO Sachin Jain sold 6,339 shares of the company's Class A Common Stock on August 20, 2026, for a total of $582,427. This sale was executed to cover tax withholding obligations resulting from the vesting and settlement of restricted stock units (RSUs). At the time of the sale, the stock had declined to $87.85, representing a roughly 17% decrease over the previous week.

The company's stock currently trades below its Fair Value, potentially offering upside for investors. In addition to the sale, Jain acquired 15,646 shares of Class A Common Stock through the settlement of two separate RSU awards, bringing his direct beneficial ownership to 157,091 shares. He also holds 76,075 and 112,528 restricted stock units, which entitle him to receive Class A Common Stock upon vesting.

CoreWeave reported impressive second-quarter 2026 results, including a notable addition of nearly 500 megawatts of capacity, which has led to price target increases from several analysts.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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