CoreWeave CEO Michael N. Intrator Sells $28.2 Million Worth of Company Stock
CoreWeave CEO Michael N. Intrator sold approximately 308,000 shares of company stock valued at $28.2 million on August 4, as disclosed in a recent SEC Form 4 filing. The transaction was a non-discretionary sale executed as part of a Rule 10b5-1 trading plan, rather than an attempt to capitalize on the stock's recent rebound from a 52-week low. Intrator continues to hold millions of shares directly and indirectly after this transaction. CoreWeave, a generative AI infrastructure provider, reported $6.2 billion in trailing twelve-month revenue and a net loss of $1.6 billion.
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