CoreWeave EVP Chen Goldberg Sells 25,605 Shares for $2.3 Million
Updated
Updated · Yahoo Finance · Aug 16
CoreWeave EVP Chen Goldberg Sells 25,605 Shares for $2.3 Million
2 articles · Updated · Yahoo Finance · Aug 16
Summary
$2.3 million of CoreWeave stock was sold by EVP Chen Goldberg, who disclosed in an SEC Form 4 that she disposed of 25,605 Class A shares.
The sale followed the exercise of 25,605 options and was tied to tax withholding on restricted stock unit settlement as well as personal portfolio concentration management.
Goldberg still directly holds 71,266 shares worth about $6.41 million based on the Aug. 5 close, plus roughly 300,000 derivative securities.
CoreWeave shares closed at $89.89 on Aug. 5—down 20% over 12 months—but had rebounded to about $105 by Friday, underscoring the backdrop for the insider transaction.
The AI infrastructure company has a market capitalization of roughly $58 billion, trailing-12-month revenue of $6.2 billion and a net loss of $1.6 billion.