CoreWeave's CEO sold nearly $1 billion of stock since IPO, filings show

FILE PHOTO: CoreWeave logo is seen in this illustration taken July 20, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

Oct 16 (Reuters) - CoreWeave CEO ⁠Michael Intrator and entities linked to him have sold nearly $1 ⁠billion of stock, mostly under prearranged trading plans, since the ‌AI cloud company's IPO in March last year, according to regulatory filings.

The sales began about two months after the stock hit a record high in June 2025. The ​shares have tumbled since and were on ⁠track to lose about 24% ⁠this week as investors worried about the Nvidia-backed company's heavy capital spending ⁠and ‌the debt needed to fund it amid rising bets on interest-rate hikes.

CoreWeave did not immediately respond to a Reuters request ⁠for comment.

Here are some more details:

• The sales ​totaled more than 10 ‌million shares, according to the filings. As of Thursday's close, ⁠CoreWeave had ​a valuation of $38.44 billion.

• The sales were made by Intrator and affiliated entities such as Omnadora Capital, where Intrator serves as managing member, and two ⁠trusts.

• Most of these sales, excluding roughly $40 ​million, were made under prearranged trading plans that allow executives to sell shares on a preset schedule, and do not necessarily reflect management's view of ⁠the business.

• The roughly $40 million that was not part of prearranged plans was sell-to-cover sales, where shares were sold on the market to pay taxes on vested stock.

• The selling occurred as CoreWeave rapidly ​expanded its data-center footprint and increased spending on ⁠Nvidia chips to meet demand for AI computing, while building a revenue ​backlog of more than $129 billion.

• In August, ‌the company raised its annual capital ​expenditure forecast to be between $35 billion and $39 billion.

(Reporting by Anhata Rooprai and Aditya Soni in Bengaluru; Editing by Sriraj Kalluvila)

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资料图片：这张摄于2026年7月20日的插图显示了CoreWeave的标志。路透社/Dado Ruvic/插图/资料图片

10 月 16 日（路透社）——监管文件显示，自人工智能云公司 CoreWeave 去年 3 月上市以来，其首席执行官 Michael Intrator 和与其相关的实体已出售了近 10 亿美元的股票，其中大部分是根据预先安排的交易计划进行的。

抛售潮始于2025年6月，当时该股创下历史新高。此后，该股股价一路下跌，本周有望下跌约24%，原因是投资者担心这家由英伟达支持的公司的巨额资本支出以及为这些支出提供资金所需的债务，同时市场对加息的预期也在上升。

CoreWeave尚未回复路透社的置评请求。

以下是更多细节：

• 根据提交的文件，此次交易共售出超过1000万股股票。截至周四收盘，CoreWeave的估值为384.4亿美元。

• 这些销售是由 Intrator 及其关联实体（如 Omnadora Capital，Intrator 担任管理成员）和两个信托基金完成的。

• 除了约 4000 万美元的销售额外，这些销售大多是根据预先安排的交易计划进行的，该计划允许高管按照预设的时间表出售股票，并不一定反映管理层对业务的看法。

• 约 4000 万美元不属于预先安排的计划，这笔款项是出售以支付税款的股票，即在市场上出售股票以支付已归属股票的税款。

• 此次出售发生在 CoreWeave 迅速扩大其数据中心规模并增加对英伟达芯片的支出以满足人工智能计算需求的同时，同时还建立了超过 1290 亿美元的收入积压。

• 8 月，该公司将年度资本支出预期上调至 350 亿美元至 390 亿美元之间。

（Anhata Rooprai 和 Aditya Soni 在班加罗尔报道；Sriraj Kalluvila 编辑）

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