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CoreWeave CEO Sells Approximately $1 Billion in Shares Following IPO

TIKR ·

CRWV CoreWeave Inc
$61.39 -11.91%
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  1. 1Since the IPO last March, Michael Intrator and related entities have recorded share sales totaling approximately $1 billion.
  2. 2The sale of more than 10 million shares by Michael Intrator and related entities was mostly conducted according to pre-planned trading schedules.
  3. 3There were approximately $40 million in sell-to-cover sales by Michael Intrator and related entities that were not included in the plans.

So what's the key point?

The head of CoreWeave sold about $1 billion worth of shares after the company went public. Most of the sales were made according to a pre-set plan, though some sales were not part of that plan.

Source TIKR · View original ↗

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