Magnetar Funds Settle Forward Sale Contracts on CoreWeave Stock
2026-06-23SEC Filing 4 (0001104659-26-076935)
Magnetar Financial LLC and related entities settled variable pre-paid forward sale contracts on CoreWeave, Inc. Class A Common Stock on June 22, 2026. The contracts, originally entered on October 8, 2025, obligated the entities to deliver shares to a third-party counterparty based on a pricing formula with a $120 floor price and $190 cap price. With the settlement price of $117.95 on June 18, 2026 (below the floor price), all pledged shares were delivered. The filing reports 12 separate transactions totaling significant share dispositions across multiple Magnetar funds, with post-transaction holdings of 1,973,782 shares remaining. The entities disclaim beneficial ownership except for their pecuniary interest.