CoreWeave CEO Michael Intrator reports $25.2 million stock sale
CoreWeave CEO Michael Intrator disclosed the sale of 307,692 shares of the company's Class A Common Stock on September 15, 2026, amounting to approximately $25.2 million. These shares were sold under a Rule 10b5-1 trading plan adopted by Mr. Intrator on November 20, 2025. The transactions involved the sale of shares priced between $80.55 and $83.84 per share, with 200,000 shares held directly by Mr. Intrator and the remaining 107,692 shares sold indirectly through Omnadora Capital LLC.
Despite the sale, CoreWeave remains undervalued according to InvestingPro, with a Fair Value of $103.50. On the same day, Mr. Intrator converted 107,692 shares of Class B Common Stock to Class A Common Stock through Omnadora Capital LLC. His beneficial ownership now totals 887,129 shares of Class A Common Stock, with additional indirect ownership of 22,264,664 shares of Class B Common Stock through Omnadora Capital LLC and other family trusts.
CoreWeave recently increased contract prices for compute capacity and deployed a multi-rack Nvidia Vera Rubin NVL72 cluster, along with two new AI Object Storage features, indicating growth in its AI and cloud computing capabilities. The company's stock has declined by 34% over the past year, but remains on InvestingPro's list of the most undervalued stocks.
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