Sec Form 4 Filing - Magnetar Financial LLC @ CoreWeave, Inc. - 2025-08-18

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Magnetar Financial LLC
2. Issuer Name and Ticker or Trading Symbol
CoreWeave, Inc. [ CRWV]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1603 ORRINGTON AVENUE, 13TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
08/18/2025
(Street)
EVANSTON, IL60201
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 08/18/2025 S 44,201 D $ 100.78 7,074,292 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Class A Common Stock 08/18/2025 S 34,986 D $ 100.82 ( 5 ) 7,526,845 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 6 )
Class A Common Stock 08/18/2025 S 151,243 D $ 100.78 29,192,874 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 7 )
Class A Common Stock 08/18/2025 S 19,829 D $ 100.78 2,491,395 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 8 )
Class A Common Stock 08/18/2025 S 2,050 D $ 100.78 395,707 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 9 )
Class A Common Stock 08/18/2025 S 60,683 D $ 100.78 9,042,977 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 10 )
Class A Common Stock 08/18/2025 S 76,066 D $ 100.78 10,005,112 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 11 )
Class A Common Stock 08/18/2025 S 17,187 D $ 100.78 1,981,431 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 12 )
Class A Common Stock 08/18/2025 S 64,705 D $ 100.78 11,581,305 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 13 )
Class A Common Stock 08/18/2025 S 39,878 D $ 100.78 5,025,297 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 14 )
Class A Common Stock 08/18/2025 S 32,124 D $ 100.78 4,448,925 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 15 )
Class A Common Stock 08/18/2025 S 6,730 D $ 100.78 1,169,417 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 16 )
Class A Common Stock 4,417,607 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 17 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Call option (obligation to sell) $ 180 08/18/2025 S/K( 18 ) 257,634 09/18/2026 09/18/2026 Class A Common Stock 257,634 $ 3,864,510 257,634 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Put option (right to sell) $ 75 08/18/2025 P/K( 18 ) 257,634 09/18/2026 09/18/2026 Class A Common Stock 257,634 $ 4,508,595 257,634 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 4 )
Call option (obligation to sell) $ 180 08/18/2025 S/K( 18 ) 881,551 09/18/2026 09/18/2026 Class A Common Stock 881,551 $ 13,223,265 881,551 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 7 )
Put option (right to sell) $ 75 08/18/2025 P/K( 18 ) 881,551 09/18/2026 09/18/2026 Class A Common Stock 881,551 $ 15,427,142.5 881,551 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 7 )
Call option (obligation to sell) $ 180 08/18/2025 S/K( 18 ) 115,575 09/18/2026 09/18/2026 Class A Common Stock 115,575 $ 1,733,625 115,575 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 8 )
Put option (right to sell) $ 75 08/18/2025 P/K( 18 ) 115,575 09/18/2026 09/18/2026 Class A Common Stock 115,575 $ 2,022,562.5 115,575 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 8 )
Call option (obligation to sell) $ 180 08/18/2025 S/K( 18 ) 11,949 09/18/2026 09/18/2026 Class A Common Stock 11,949 $ 179,235 11,949 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 9 )
Put option (right to sell) $ 75 08/18/2025 P/K( 18 ) 11,949 09/18/2026 09/18/2026 Class A Common Stock 11,949 $ 209,107.5 11,949 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 9 )
Call option (obligation to sell) $ 180 08/18/2025 S/K( 18 ) 353,703 09/18/2026 09/18/2026 Class A Common Stock 353,703 $ 5,305,545 353,703 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 10 )
Put option (right to sell) $ 75 08/18/2025 P/K( 18 ) 353,703 09/18/2026 09/18/2026 Class A Common Stock 353,703 $ 6,189,802.5 353,703 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 10 )
Call option (obligation to sell) $ 180 08/18/2025 S/K( 18 ) 443,363 09/18/2026 09/18/2026 Class A Common Stock 443,363 $ 6,650,445 443,363 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 11 )
Put option (right to sell) $ 75 08/18/2025 P/K( 18 ) 443,363 09/18/2026 09/18/2026 Class A Common Stock 443,363 $ 7,758,852.5 443,363 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 11 )
Call option (obligation to sell) $ 180 08/18/2025 S/K( 18 ) 100,176 09/18/2026 09/18/2026 Class A Common Stock 100,176 $ 1,502,640 100,176 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 12 )
Put option (right to sell) $ 75 08/18/2025 P/K( 18 ) 100,176 09/18/2026 09/18/2026 Class A Common Stock 100,176 $ 1,753,080 100,176 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 12 )
Call option (obligation to sell) $ 180 08/18/2025 S/K( 18 ) 377,144 09/18/2026 09/18/2026 Class A Common Stock 377,144 $ 5,657,160 377,144 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 13 )
Put option (right to sell) $ 75 08/18/2025 P/K( 18 ) 377,144 09/18/2026 09/18/2026 Class A Common Stock 377,144 $ 6,600,020 377,144 I Footnotes ( 1 ) ( 2 ) ( 3 ) ( 13 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Magnetar Financial LLC
1603 ORRINGTON AVENUE
13TH FLOOR
EVANSTON, IL60201
X
Magnetar Capital Partners LP
1603 ORRINGTON AVENUE
13TH FLOOR
EVANSTON, IL60201
X
Supernova Management LLC
1603 ORRINGTON AVENUE
13TH FLOOR
EVANSTON, IL60201
X
Snyderman David J.
1603 ORRINGTON AVENUE
13TH FLOOR
EVANSTON, IL60201
X
Signatures
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Manager of Supernova Management LLC, which is the General Partner of Magnetar Capital Partners LP, which is in turn the Sole Member of Magnetar Financial LLC 08/19/2025
Signature of Reporting Person Date
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Manager of Supernova Management LLC, which is the General Partner of Magnetar Capital Partners LP 08/19/2025
Signature of Reporting Person Date
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman, as Manager of Supernova Management LLC 08/19/2025
Signature of Reporting Person Date
/s/ Hayley A. Stein, Attorney-in-Fact for David J. Snyderman 08/19/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Magnetar Financial LLC ("Magnetar Financial") serves as the investment adviser to each of Magnetar Capital Master Fund, Ltd, Magnetar Constellation Master Fund, Ltd, Magnetar Longhorn Fund LP, Magnetar SC Fund Ltd, Magnetar Xing He Master Fund Ltd, Purpose Alternative Credit Fund - F LLC, Purpose Alternative Credit Fund - T LLC, Longhorn Special Opportunities Fund LP, CW Opportunity LLC and CW Opportunity 2 LP, the general partner of Magnetar Structured Credit Fund, LP and the manager of Magnetar Alpha Star Fund LLC and Magnetar Lake Credit Fund LLC (collectively, the "Magnetar Funds").
( 2 )Magnetar Capital Partners LP ("Magnetar Capital Partners") is the sole member and parent holding company of Magnetar Financial. Supernova Management LLC ("Supernova Management") is the general partner of Magnetar Capital Partners. The manager of Supernova Management is David J. Snyderman, a citizen of the United States of America.
( 3 )Each of the Magnetar Funds, Magnetar Financial, Magnetar Capital Partners, Supernova Management and David J. Snyderman disclaims beneficial ownership of these shares of Common Stock of the Issuer, except to the extent of its or his pecuniary interest therein.
( 4 )These securities are held directly by Magnetar Constellation Master Fund, Ltd.
( 5 )The price reported in Column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $100.78 to $101.60, inclusive. The reporting person undertakes to provide to CoreWeave, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
( 6 )These securities are held directly by CW Opportunity 2 LP.
( 7 )These securities are held directly by CW Opportunity LLC.
( 8 )These securities are held directly by Magnetar Alpha Star Fund LLC.
( 9 )These securities are held directly by Magnetar Capital Master Fund, Ltd.
( 10 )These securities are held directly by Magnetar Lake Credit Fund LLC.
( 11 )These securities are held directly by Magnetar Longhorn Fund LP.
( 12 )These securities are held directly by Magnetar SC Fund Ltd.
( 13 )These securities are held directly by Magnetar Structured Credit Fund, LP.
( 14 )These securities are held directly by Magnetar Xing He Master Fund Ltd.
( 15 )These securities are held directly by Purpose Alternative Credit Fund - F LLC.
( 16 )These securities are held directly by Purpose Alternative Credit Fund - T LLC.
( 17 )These securities are held directly by Longhorn Special Opportunities Fund LP.
( 18 )The entity holding the underlying shares of Class A common stock (the "Common Stock") of CoreWeave, Inc. entered into a collar arrangement pursuant to which such entity wrote a covered call option and purchased a put option. Only one of the options can be in-the-money on the expiration date, at which time the in-the-money option will be exercised and settled in shares and the other option will expire. If neither option is in-the-money on the expiration date, both options will expire.

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