CoreWeave CDO Brannin McBee Sells 197,000 Shares for $17.7 Million

1 articles · Updated · Yahoo Finance · Aug 16

An SEC Form 4 filed Aug. 10 showed CoreWeave Chief Development Officer Brannin McBee sold about 197,000 shares at a weighted average $89.73, one of two insider filings that day.
The sale came after McBee exercised 197,000 options and immediately disposed of the shares, fully exiting indirect holdings held through trusts and a spouse's account.
McBee still reported sizable exposure through 5.6 million direct and 5.5 million indirect derivative securities, indicating the transaction did not eliminate his broader stake in CoreWeave.
CoreWeave shares had fallen about 30% over the prior year as of the transaction date; the stock closed at $88.19 that day and was later trading around $105.