people · May 16, 2026
CoreWeave CEO Michael Intrator Sells $21.1 Million in Shares on May 12, 2026
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CoreWeave CEO Michael Intrator sold 200,000 shares on May 12, 2026, at an average price of $105.67 for a total of $21.1 million under a pre-arranged Rule 10b5-1 plan. After the sale, Intrator directly owned 4,466,501 shares valued at approximately $472 million. The transaction occurred amid CoreWeave’s Q1 earnings release showing $2.08 billion revenue and a $740 million net loss. Intrator retains a significant stake as the company targets $12-13 billion in 2026 revenue.
Spend governor blocked model creation: provider_circuit_open (lane=dev, provider=together)