[CoreWeave Leadership Sells Over $1 Billion in Stock Following Mid-August Lockup Expiration] According to Bloomberg, the leadership of artificial intelligence computing company CoreWeave Inc. sold over $1 billion worth of stock after the mid-August lockup period expired, ranking among the top ten individual insider sellers in the third quarter. This marks 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 surged over 250%. Data from Washington Service shows that director Jack Cogen sold $477 million worth of stock this quarter, while co-founder Brannin McBee netted $426 million. Both sold shares under pre-arranged 10b5-1 plans tied to target prices, alongside several other insiders who also cashed out. CoreWeave representatives declined to comment. Some of CoreWeave's 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 reveal that the hedge fund still holds over 20% of the company's Class A shares.