CoreWeave CEO Michael Intrator sells $27.3 million in stock
CoreWeave CEO Michael Intrator divested $27.3 million worth of shares in the company on August 25, 2026. He sold 307,692 shares of Class A Common Stock at prices within the $88.3052 to $89.9306 range. This occurred under a pre-set Rule 10b5-1 trading plan that he had established on November 20, 2025. In addition to this sale, Intrator also converted 107,692 shares of Class B Common Stock into an equivalent amount of Class A Common Stock, which did not involve any cash value.
After these transactions, Intrator's direct ownership in CoreWeave consisted of 1,487,129 shares of Class A Common Stock. His indirect holdings, mainly through Omnadora Capital LLC, amounted to 22,587,740 shares of Class B Common Stock. This ownership, along with other shares held by various trusts, totals to a substantial stake in the company.
Despite the recent sale, the stock price of CoreWeave has been up 21% year-to-date, though it has declined by 16% over the past year. Analysts view the stock as undervalued based on Fair Value estimates.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
