CoreWeave CEO Michael Intrator cancels his planned share sale program
Overview
CoreWeave CEO Michael Intrator says he has canceled his planned 10b5 stock sale program, which was announced in November 2025.
He told CNBC that the company's 168% year-over-year revenue growth and third-quarter results beat expectations. Under the plan, Intrator had sold 8.26 million shares for $794.2 million, at an average of $96.14 per share.
Intrator says any further sales would be "just normal tax stuff" until there is a material change in equity pricing.
Written by AI from the articles below · updated Nov 11, 10:35 AM ET
Check the sources:
Article timeline
The articles in this story. Times are ET.
- CNBC · TechnologyNewsCoreWeave CEO Michael Intrator cancels his planned 10b5 share sale program
AICoreWeave CEO Michael Intrator says he has canceled his 10b5 stock sale plan after the company reported 168% year-over-year revenue growth and beat third-quarter expectations. Under the plan announced in November 2025, he had sold 8.26 million shares for $794.2 million at an average of $96.14 per share. Intrator says any further selling would be "just normal tax stuff" until there is a material change in equity pricing.
Heat Trend
- Current comparable heat
- 6
- Peak comparable heat
- 10Nov 11, 11:00 AM ET
- Change in past 24 hours
- –
The trend compares only continuously observed participants, so its scope may be smaller than the current heat total. Hover or tap for hourly heat; use arrow keys with a keyboard.