CoreWeave's Three Co-Founders Have Sold $3.3 Billion in Shares Since IPO

3-line summary

• CoreWeave's three co-founders have sold a combined $3.3 billion in shares since the company's March 2025 IPO, with $2.4 billion of that sold in 2026. CEO Michael Intrator has sold over $907 million since January 1 (versus under $70 million last year, 16.5% of his IPO-time stake); Chief Strategy Officer Brian Venturo has sold over $1.2 billion since the IPO, including $734 million in Q2 alone — the second-largest US insider sale that quarter — cutting more than 35% of his IPO stake; Chief Data Officer Brannin McBee has sold $1.06 billion since the IPO ($577 million this year), reducing his IPO stake by 40.4% and now holding about 40% of his assets in cash.
• The stock rose 359% from its IPO price before peaking three months later, then fell more than 60%. The three were cumulatively worth an estimated $15 billion less on paper than at their June 2025 peak. Shares fell 15% Wednesday and rebounded slightly Thursday after McBee told the Financial Times the company could tap "unlimited" capital from insurers, which instead pushed CoreWeave's credit-risk gauges to record highs.
• The article did not include a company statement.

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