Brannin McBee, Chief Development Officer of CoreWeave, Inc. (NASDAQ:CRWV), filed a Statement of Changes in Beneficial Ownership on August 19, 2026, reporting Class A Common Stock conversions and sales that occurred on August 17, 2026.

Key Highlights

  • Rule 10b5-1 plan: All reported sales were effected pursuant to a trading plan adopted by the reporting person on March 5, 2026.
  • Conversion activity: A total of 194,000 shares of Class B Common Stock were converted into Class A Common Stock across direct and indirect accounts on August 17, 2026.
  • Direct sales: McBee sold 143,000 shares of Class A Common Stock directly, at weighted average prices ranging from $101.8964 to $109.6519 per share.
  • Remaining direct holdings: Following all reported transactions, McBee directly held 323,263 shares of Class A Common Stock.
  • Indirect holdings - spouse and trust: Securities held by the reporting person's spouse and by the Brannin J. McBee 2022 Irrevocable Trust were reduced to zero shares of Class A Common Stock each, following conversions and subsequent sales.
  • Part 1 of 3: According to the filing, this report is Part 1 of 3 for this reporting person, with transactions continued on Part 2.

McBee's August 2026 Transactions in CoreWeave Class A Common Stock

According to the filing, Brannin McBee, identified as Chief Development Officer of CoreWeave, Inc., a cloud computing infrastructure company, converted 144,000 shares of Class B Common Stock directly into Class A Common Stock on August 17, 2026. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the election of the holder or automatically upon certain transfers or events, as described in the company's Amended and Restated Certificate of Incorporation.

Following those conversions, the filing discloses that McBee sold a total of 143,000 shares of Class A Common Stock directly across nine separate price tranches, with weighted average prices spanning from $101.8964 to $109.6519. The filing notes that the prices reported are weighted averages and that the reporting person will provide full detail on individual transaction prices upon request. An additional 981 shares were sold at a weighted average price of $109.6519, bringing direct beneficial ownership to 323,263 shares after all reported transactions.

The filing also reports activity in two indirect accounts. The reporting person's spouse held 25,000 Class B shares converted to Class A, all of which were subsequently sold, reducing that account to zero. Similarly, the Brannin J. McBee 2022 Irrevocable Trust, of which the reporting person's spouse and minor child are beneficiaries and for which the reporting person's spouse serves as trustee, converted and sold 25,000 shares, also reaching zero. Remaining Class B Common Stock held indirectly stood at 1,805,300 shares (by spouse) and 3,366,020 shares (by trust) following the reported transactions.

What Was Disclosed

The filing covers Class B to Class A Common Stock conversions and subsequent open-market sales by CoreWeave's Chief Development Officer on August 17, 2026, across direct holdings and two indirect accounts, all conducted under a pre-established Rule 10b5-1 trading plan.