Magnetar Funds Settle Forward Sale Contracts on CoreWeave Stock
This Form 4 filing reports that Magnetar Financial LLC and related entities settled variable pre-paid forward sale contracts on CoreWeave, Inc. Class A Common Stock. The contracts, originally entered into on October 8, 2025, were settled on June 22, 2026, resulting in the delivery of pledged shares to a third-party counterparty. The settlement was triggered because CoreWeave's stock price of $117.95 on June 18, 2026, fell below the $120.00 floor price specified in the contracts. This required the Magnetar entities to deliver all pledged shares to the counterparty. The filing involves multiple Magnetar funds and entities, including Magnetar Capital Partners LP, Supernova Management LLC, and David J. Snyderman, who collectively disclaim beneficial ownership except for their pecuniary interests. The transaction represents a significant disposition of CoreWeave shares through derivative contract settlement.