PANews reported on October 10th that Bloomberg News reported that the leadership of artificial intelligence computing company CoreWeave Inc. sold over $1 billion worth of stock after the lockup period ended in mid-August, ranking among the top ten individual insider sellers in the third quarter. This was the first opportunity for insiders to cash out since CoreWeave's IPO in March, which created four new billionaires. Since then, the company's stock price has soared over 250%. According to Washington Service data, director Jack Cogen sold $477 million worth of stock during the quarter, while co-founder Brannin McBee netted $426 million. Both sold shares under pre-arranged 10b5-1 plans tied to target prices, joining several other insiders in cashing out. A CoreWeave representative declined to comment. Some CoreWeave investors followed suit, with its largest institutional shareholder, Magnetar Financial LLC, selling nearly $1.9 billion worth of stock during the same period. Documents filed in October show that the hedge fund still holds over 20% of the company's Class A shares.PANews reported on October 10th that Bloomberg News reported that the leadership of artificial intelligence computing company CoreWeave Inc. sold over $1 billion worth of stock after the lockup period ended in mid-August, ranking among the top ten individual insider sellers in the third quarter. This was the first opportunity for insiders to cash out since CoreWeave's IPO in March, which created four new billionaires. Since then, the company's stock price has soared over 250%. According to Washington Service data, director Jack Cogen sold $477 million worth of stock during the quarter, while co-founder Brannin McBee netted $426 million. Both sold shares under pre-arranged 10b5-1 plans tied to target prices, joining several other insiders in cashing out. A CoreWeave representative declined to comment. Some CoreWeave investors followed suit, with its largest institutional shareholder, Magnetar Financial LLC, selling nearly $1.9 billion worth of stock during the same period. Documents filed in October show that the hedge fund still holds over 20% of the company's Class A shares.
CoreWeave leadership sold over $1 billion worth of stock after the lockup period ended in mid-August.
2025/10/10 20:51
PANews reported on October 10th that Bloomberg News reported that the leadership of artificial intelligence computing company CoreWeave Inc. sold over $1 billion worth of stock after the lockup period ended in mid-August, ranking among the top ten individual insider sellers in the third quarter. This was the first opportunity for insiders to cash out since CoreWeave's IPO in March, which created four new billionaires. Since then, the company's stock price has soared over 250%. According to Washington Service data, director Jack Cogen sold $477 million worth of stock during the quarter, while co-founder Brannin McBee netted $426 million. Both sold shares under pre-arranged 10b5-1 plans tied to target prices, joining several other insiders in cashing out. A CoreWeave representative declined to comment. Some CoreWeave investors followed suit, with its largest institutional shareholder, Magnetar Financial LLC, selling nearly $1.9 billion worth of stock during the same period. Documents filed in October show that the hedge fund still holds over 20% of the company's Class A shares.
Aviso legal: Los artículos republicados en este sitio provienen de plataformas públicas y se ofrecen únicamente con fines informativos. No reflejan necesariamente la opinión de MEXC. Todos los derechos pertenecen a los autores originales. Si consideras que algún contenido infringe derechos de terceros, comunícate con service@support.mexc.com para solicitar su eliminación. MEXC no garantiza la exactitud, la integridad ni la actualidad del contenido y no se responsabiliza por acciones tomadas en función de la información proporcionada. El contenido no constituye asesoría financiera, legal ni profesional, ni debe interpretarse como recomendación o respaldo por parte de MEXC.
Compartir perspectivas
También te puede interesar
Get In Before the Upgrades Begin – Zero Knowledge Proof Whitelist Opening Soon!
Every few years, something comes along that doesn’t just improve blockchain, it redefines how progress should be built. Zero Knowledge Proof (ZKP) is exactly that. Designed with a modular framework, it separates its core protocol, privacy, and scaling layers so each can evolve independently. Paired with post-quantum secure technology, it’s engineered to stay relevant no [...] The post Get In Before the Upgrades Begin – Zero Knowledge Proof Whitelist Opening Soon! appeared first on Blockonomi.
Compartir
Blockonomi2025/10/11 02:00
Compartir
Bitcoin’s Inflection Point: Will Altcoins Seize the Next Liquidity Wave?
Altcoins could rally as Bitcoin consolidates, but overleveraging may trigger cascading liquidations.
Compartir
CryptoPotato2025/10/11 02:28
Compartir
How Polymarket Outsmarted the Nobel Committee and Predicted the Peace Prize Hours Early
TLDR: Polymarket traders spotted the Nobel Peace Prize winner nearly 11 hours before the official reveal. The Nobel Committee’s announcement came long after Polymarket traders had already priced in the winner. Machado’s victory leaked through open crypto betting markets before any mainstream outlet reported it. The prediction market saw prices jump from $0.08 to $1.00, [...] The post How Polymarket Outsmarted the Nobel Committee and Predicted the Peace Prize Hours Early appeared first on Blockonomi.
Compartir
Blockonomi2025/10/11 02:24
Compartir