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CoreWeave COO sells $629,236 in shares to cover tax obligations

nl.investing.com (Dutch) — November 11, 2026 at 12:02 AM UTC

CoreWeave COO Sachin Jain sold 13,611 Class A shares on November 9, 2026, totaling $629,236 at $46.23 per share, primarily to cover tax withholding obligations from restricted stock unit vesting. The sale followed Jain's acquisition of 33,740 shares on November 8 through RSU vesting at $0 per share. He now directly holds 177,224 shares plus 236,260 unvested RSUs. CoreWeave stock trades at $48.73, down 54% over the past year, near its 52-week low of $40.58. CoreWeave is set to report third-quarter earnings on November 10 after market close, with options data suggesting a potential 13% move. Analysts have mixed outlooks, with price targets ranging from $75 to $176 amid concerns about AI infrastructure investment sentiment.

With a significance score of 1, this news ranks in the top 66% of today's 32136 analyzed articles.

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