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CoreWeave and Crocs executives report significant stock sales
Several high-level executives at Crocs, Inc. and CoreWeave, Inc. have recently reported significant stock sales in SEC filings.
CoreWeave CEO and president Michael N. Intrator sold 307,692 shares of Class A Common Stock on August 11 at a weighted-average price of $89.18, totaling approximately $27.4 million. Despite the sale, Intrator maintains substantial equity through millions of direct and indirect derivative securities.
CoreWeave Chief Development Officer Brannin McBee also reported a sale of 197,000 shares on August 10 for roughly $17.7 million. This transaction involved exercising options and liquidating indirect holdings, though McBee retains significant exposure through millions of direct and indirect derivative securities.
Separately, Crocs, Inc. CEO Andrew Rees sold 30,000 shares via the Rees Family Living Trust at a weighted-average price of $138.49, totaling about $4.2 million. This sale represented 2% of his total beneficial ownership, leaving him with an aggregate stake of approximately 1.3 million shares.
Entities
Andrew Rees · Brannin McBee · Chen Goldberg · CoreWeave, Inc. · Crocs, Inc. · Michael N. Intrator
Claims
What the coverage asserts, and how many sources carry each claim.
- [○ 1 SOURCE] The share sale by Brannin McBee was valued at approximately $17.7 million. www.fool.com
- [○ 1 SOURCE] Brannin McBee sold approximately 197,000 shares on August 10. www.fool.com
- [● 3 SOURCES] CoreWeave reported trailing twelve-month revenue of $6.2 billion. www.fool.com
- [○ 1 SOURCE] The sale by Chen Goldberg had a transaction value of approximately $2.3 million.
- [○ 1 SOURCE] The transaction by Michael N. Intrator was valued at $27.4 million. www.fool.com
- [● 3 SOURCES] CoreWeave provides high-performance GPU and CPU compute resources for generative AI applications. www.fool.com
- [○ 1 SOURCE] Chen Goldberg sold 25,605 shares of Class A Common Stock.
- [○ 1 SOURCE] CEO Michael N. Intrator sold 307,692 shares of Class A Common Stock on August 11. www.fool.com