Form 4 Filing - CoreWeave, Inc. (CRWV) - Transaction on 2026-06-22
Magnetar Financial LLC, along with affiliated entities and individuals, has settled a variable pre-paid forward sale contract concerning Class A Common Stock of CoreWeave, Inc. The contract, initially entered into on October 9, 2025, obligated the entity to deliver a certain number of shares by June 22, 2026. The shares were pledged as security for this obligation. The number of shares deliverable was contingent on the market price of the stock on June 18, 2026. On that date, the settlement price was $117.95, which was below the specified floor price of $120.00. As a result, all pledged shares were delivered to the third-party counterparty. This transaction resulted in a decrease in the reporting entities' holdings of Class A Common Stock. The settlement involved multiple Magnetar-affiliated funds and was executed through a forward sale contract that has now been fully settled, with all pledged shares transferred.