Insider Trading April 2, 2026

CoreWeave CFO Sells Small Stake to Cover RSU Taxes as Shares Rise

Nitin Agrawal disposes of 16 Class A shares to meet tax obligations; company posts benchmark gains and secures major debt facility

By Jordan Park CRWV
CoreWeave CFO Sells Small Stake to Cover RSU Taxes as Shares Rise
CRWV

CoreWeave Chief Financial Officer Nitin Agrawal sold 16 Class A shares on March 31, 2026 to satisfy tax liabilities tied to restricted stock unit vesting, while exercising 30 RSUs on the same date. The transactions leave Agrawal with significant direct and indirect holdings. Separately, CoreWeave reported MLPerf benchmark gains and closed an $8.5 billion delayed draw term loan facility amid mixed analyst reactions.

Key Points

  • CFO Nitin Agrawal sold 16 Class A shares at $74.05 on March 31, 2026, totaling $1184, to cover tax obligations from vested restricted stock units and exercised 30 RSUs the same day.
  • After the transactions, Agrawal directly owns 189,906 CoreWeave Class A shares and holds additional indirect positions through his spouse and two 2025 GRATs totaling 173,857 shares across those indirect vehicles.
  • CoreWeave reported MLPerf Inference v6.0 benchmark gains using Nvidia GB200 and GB300 systems and closed an $8.5 billion delayed draw term loan facility that was oversubscribed, prompting mixed analyst ratings and targets.

CoreWeave, Inc. (NASDAQ:CRWV) Chief Financial Officer Nitin Agrawal executed a small sell order and a related exercise of restricted stock units on March 31, 2026, filings with the Securities and Exchange Commission show.


Insider transactions

According to a Form 4 filed with the SEC, Agrawal sold 16 shares of Class A Common Stock at $74.05 per share on March 31, 2026, for a reported total of $1184. The filing states the sale was effected to cover tax obligations arising from the vesting and settlement of restricted stock units. On the same day, Agrawal also acquired 30 shares of Class A Common Stock through the exercise of restricted stock units.

Following these transactions, Agrawal directly holds 189,906 shares of CoreWeave Class A Common Stock. His indirect holdings include 34,905 shares held through his spouse; 81,000 shares held via the Yellowstone 2025 GRAT, in which his spouse is the beneficiary and he serves as trustee; and 57,952 shares held through the Yosemite 2025 GRAT, where he is listed as the sole trustee and beneficiary.


Market and valuation context

CoreWeave shares have moved higher since the sale, with the stock trading at $82.24 at the time of the latest market quote referenced in the filing text, representing roughly a near 10% increase in recent days relative to the sale price.

The company is described in the filing material as a $41.23 billion cloud computing company. Analysis from InvestingPro included in the filing notes that the stock appears overvalued at current levels and points investors to a Pro Research Report for detailed metrics and commentary.


Operational and financing developments

CoreWeave also disclosed technical and financial progress in recent announcements. On the technical front, the company reported results from the MLPerf Inference v6.0 benchmark suite, stating that the GB300 NVL72 system produced DeepSeek-R1 results that were twice as effective as previous configurations. The company cited gains using Nvidia GB200 and GB300 systems in its benchmark disclosures.

On the financing front, CoreWeave closed an $8.5 billion delayed draw term loan facility. The facility was reported as oversubscribed and said to include participation from global financing institutions.


Analyst reaction and project update

Market analysts have varied views on CoreWeave following these developments. Evercore ISI reiterated an Outperform rating with a $120.00 price target. Stifel maintained a Hold rating with a $110.00 price target, citing the term loan facility as a strategic measure to reduce the company’s capital costs. Citizens reiterated a Market Outperform rating and set a $180.00 price target, highlighting the strength of the company’s debt financing capabilities. Barclays retained an Equalweight rating with a $90.00 price target, noting concerns tied to a change in a Texas data center project partnership.

Press reporting included in the company updates indicates that Poolside is seeking a new partner for the Texas data center project after its deal with CoreWeave fell through due to strategic and timing reasons.


What the filings show

The Form 4 provides the mechanics behind the insider moves: the sale was executed to satisfy tax liabilities connected to the settlement of RSUs, while the simultaneous exercise added 30 shares to Agrawal’s direct holdings. The disclosure lists his aggregate direct and indirect positions across individual ownership and two grantor retained annuity trusts established in 2025.

These corporate and insider disclosures present a snapshot of CoreWeave’s operational benchmarks, capital structure actions, and executive shareholdings without offering a forward-looking assessment beyond the facts documented in filings and company statements.

Risks

  • Valuation risk - InvestingPro analysis included in the filing material indicates the stock appears overvalued at current levels, affecting investor valuation assessments in the cloud computing sector.
  • Project and partnership risk - Barclays flagged concerns tied to a change in a Texas data center project partnership, and press reports say Poolside is seeking a new partner after a deal with CoreWeave ended for strategic and timing reasons, which may affect the company’s data center initiatives.
  • Financing and cost of capital uncertainties - While the $8.5 billion delayed draw term loan facility was oversubscribed and intended to lower capital costs, differing analyst views on its strategic impact create uncertainty for CoreWeave’s financial outlook.

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