CoreWeave GC McVeety sells $12.7m in stock

CoreWeave's Chief Governance and Secretary, Kristen J. McVeety, sold 155,000 shares of Class A Common Stock, totaling around $12.7 million, on September 1, 2026. The shares were sold at prices between $81.1642 and $82.4966 per share. Despite CoreWeave's impressive revenue growth of 115%, its financials are marked by significant cash burn and debt.

The stock, currently trading at $84.56, is considered undervalued with a Fair Value of $99.20. Rule 10b5-1 trading plans facilitated these transactions, which followed Ms. McVeety's option exercise for 156,000 shares at $0.55 each, fully vested by March 1, 2025. Following her sale, Ms. McVeety retains 123,313 shares and 677,207 derivative securities.

CoreWeave's market cap stands at $46.6 billion, and it is a key player in the IT Services industry. Investors can explore ProTips and Pro Research Reports for a deeper analysis of CRWV’s financial health.