=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-11
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: CoreWeave, Inc. (CRWV)
CIK: 0001769628
--- Reporting Owner ---
Name: Venturo Brian M
CIK: 0002058067
Role: Director, Officer (Chief Strategy Officer)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Class A Common Stock
Date: 2026-05-11 | Code: C (Conversion of derivative)
Shares: +300,000
Shares Owned After: 300,000 | Ownership: I (Indirect) | Nature: West Clay Capital LLC
Footnotes:
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F2] The reported securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member.
[Transaction #2]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -8,653 | Price: $112.56
Total Value: $974,011.10
Shares Owned After: 291,347 | Ownership: I (Indirect) | Nature: West Clay Capital LLC
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F4] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.02 to $113.01, inclusive. The reporting person undertakes to provide to 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 filing.
[F2] The reported securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member.
[Transaction #3]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -23,627 | Price: $113.62
Total Value: $2,684,424.13
Shares Owned After: 267,720 | Ownership: I (Indirect) | Nature: West Clay Capital LLC
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F5] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.04 to $114.03, inclusive.
[F2] The reported securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member.
[Transaction #4]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -114,865 | Price: $114.41
Total Value: $13,141,394.51
Shares Owned After: 152,855 | Ownership: I (Indirect) | Nature: West Clay Capital LLC
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F6] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.04 to $115.03, inclusive.
[F2] The reported securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member.
[Transaction #5]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -21,308 | Price: $115.59
Total Value: $2,462,981.07
Shares Owned After: 131,547 | Ownership: I (Indirect) | Nature: West Clay Capital LLC
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F7] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.04 to $116.03, inclusive.
[F2] The reported securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member.
[Transaction #6]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -32,388 | Price: $116.62
Total Value: $3,777,091.80
Shares Owned After: 99,159 | Ownership: I (Indirect) | Nature: West Clay Capital LLC
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F8] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.04 to $117.03, inclusive.
[F2] The reported securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member.
[Transaction #7]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -44,358 | Price: $117.47
Total Value: $5,210,720.95
Shares Owned After: 54,801 | Ownership: I (Indirect) | Nature: West Clay Capital LLC
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F9] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.04 to $118.03, inclusive.
[F2] The reported securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member.
[Transaction #8]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -44,667 | Price: $118.58
Total Value: $5,296,541.39
Shares Owned After: 10,134 | Ownership: I (Indirect) | Nature: West Clay Capital LLC
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F10] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.04 to $119.03, inclusive.
[F2] The reported securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member.
[Transaction #9]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -10,134 | Price: $119.18
Total Value: $1,207,779.24
Shares Owned After: 0 | Ownership: I (Indirect) | Nature: West Clay Capital LLC
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F11] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.04 to $119.43, inclusive.
[F2] The reported securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member.
[Transaction #10]
Security: Class A Common Stock
Date: 2026-05-11 | Code: C (Conversion of derivative)
Shares: +75,000
Shares Owned After: 75,000 | Ownership: I (Indirect) | Nature: Venturo Family GST Exempt Trust dated June 30, 2023
Footnotes:
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F12] The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and minor children are beneficiaries.
[Transaction #11]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -2,164 | Price: $112.56
Total Value: $243,586.98
Shares Owned After: 72,836 | Ownership: I (Indirect) | Nature: Venturo Family GST Exempt Trust dated June 30, 2023
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F13] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.02 to $113.01, inclusive.
[F12] The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and minor children are beneficiaries.
[Transaction #12]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -5,906 | Price: $113.62
Total Value: $671,020.82
Shares Owned After: 66,930 | Ownership: I (Indirect) | Nature: Venturo Family GST Exempt Trust dated June 30, 2023
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F5] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.04 to $114.03, inclusive.
[F12] The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and minor children are beneficiaries.
[Transaction #13]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -28,716 | Price: $114.41
Total Value: $3,285,320.03
Shares Owned After: 38,214 | Ownership: I (Indirect) | Nature: Venturo Family GST Exempt Trust dated June 30, 2023
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F6] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.04 to $115.03, inclusive.
[F12] The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and minor children are beneficiaries.
[Transaction #14]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -5,327 | Price: $115.59
Total Value: $615,745.27
Shares Owned After: 32,887 | Ownership: I (Indirect) | Nature: Venturo Family GST Exempt Trust dated June 30, 2023
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F7] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.04 to $116.03, inclusive.
[F12] The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and minor children are beneficiaries.
[Transaction #15]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -8,097 | Price: $116.62
Total Value: $944,272.14
Shares Owned After: 24,790 | Ownership: I (Indirect) | Nature: Venturo Family GST Exempt Trust dated June 30, 2023
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F8] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.04 to $117.03, inclusive.
[F12] The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and minor children are beneficiaries.
[Transaction #16]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -11,090 | Price: $117.47
Total Value: $1,302,738.97
Shares Owned After: 13,700 | Ownership: I (Indirect) | Nature: Venturo Family GST Exempt Trust dated June 30, 2023
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F9] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.04 to $118.03, inclusive.
[F12] The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and minor children are beneficiaries.
[Transaction #17]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -11,167 | Price: $118.58
Total Value: $1,324,164.99
Shares Owned After: 2,533 | Ownership: I (Indirect) | Nature: Venturo Family GST Exempt Trust dated June 30, 2023
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F10] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.04 to $119.03, inclusive.
[F12] The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and minor children are beneficiaries.
[Transaction #18]
Security: Class A Common Stock
Date: 2026-05-11 | Code: S (Open market sale)
Shares: -2,533 | Price: $119.18
Total Value: $301,884.97
Shares Owned After: 0 | Ownership: I (Indirect) | Nature: Venturo Family GST Exempt Trust dated June 30, 2023
Footnotes:
[F3] The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
[F11] The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.04 to $119.43, inclusive.
[F12] The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and minor children are beneficiaries.
--- Derivative Transactions ---
[Transaction #1]
Security: Class B Common Stock
Date: 2026-05-11 | Code: C (Conversion of derivative)
Shares: -300,000
Shares Owned After: 5,782,847 | Ownership: I (Indirect) | Nature: West Clay Capital LLC
Footnotes:
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F2] The reported securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member.
[Transaction #2]
Security: Class B Common Stock
Date: 2026-05-11 | Code: C (Conversion of derivative)
Shares: -75,000
Shares Owned After: 3,069,075 | Ownership: I (Indirect) | Nature: Venturo Family GST Exempt Trust dated June 30, 2023
Footnotes:
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F12] The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and minor children are beneficiaries.
[Transaction #3]
Security: Class B Common Stock
Date: 2026-05-12 | Code: G (Gift)
Shares: -5,402,057 | Price: $0.00
Shares Owned After: 0 | Ownership: I (Indirect) | Nature: 2023 Venturo Family GRAT dated June 30, 2023
Footnotes:
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F17] The reported transaction represents a gift, for no consideration, of shares of the Issuer's Class B Common Stock.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F18] The reported securities were directly held by the 2023 Venturo Family GRAT dated June 30, 2023, of which the reporting person is the sole trustee and beneficiary.
[Transaction #4]
Security: Class B Common Stock
Date: 2026-05-12 | Code: G (Gift)
Shares: +5,402,057 | Price: $0.00
Shares Owned After: 5,402,057 | Ownership: I (Indirect) | Nature: Venturo Family Trust dated June 30, 2023
Footnotes:
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F17] The reported transaction represents a gift, for no consideration, of shares of the Issuer's Class B Common Stock.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F19] The reported securities are directly held by the Venturo Family Trust dated June 30, 2023 (the "Family Trust"). The reporting person's spouse is trustee of the Family Trust and his minor children are beneficiaries.
--- Holdings ---
[Holding #1]
Security: Class A Common Stock
Ownership: D (Direct)
[Holding #2]
Security: Class A Common Stock
Ownership: I (Indirect)
Footnotes:
[F14] The reported securities are directly held by the reporting person's father-in-law, who is a member of the reporting person's household. The reporting person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest, if any.
[Holding #3]
Security: Class A Common Stock
Ownership: I (Indirect)
Footnotes:
[F15] The reported securities are directly held by the YOLO APV Trust (the "APV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the APV Trust's trustee.
[Holding #4]
Security: Class A Common Stock
Ownership: I (Indirect)
Footnotes:
[F16] The reported securities are directly held by the YOLO ECV Trust (the "ECV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the ECV Trust's trustee.
[Holding #5]
Security: Class B Common Stock
Ownership: D (Direct)
Footnotes:
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[Holding #6]
Security: Class B Common Stock
Ownership: I (Indirect)
Footnotes:
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F20] The reported securities are directly held by Venturo Family 2024 Friends and Family GRAT, of which the reporting person is the sole trustee and beneficiary.
[Holding #7]
Security: Class B Common Stock
Ownership: I (Indirect)
Footnotes:
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F1] Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F21] The reported securities are directly held by the reporting person's spouse.
--- Footnotes (Complete Index) ---
F1: Each share of Class B Common Stock is convertible into one share of the Issuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.04 to $119.03, inclusive.
F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.04 to $119.43, inclusive.
F12: The reported securities are directly held by the Venturo Family GST Exempt Trust dated June 30, 2023 (the "GST Trust"). The reporting person's spouse is trustee of the GST Trust and minor children are beneficiaries.
F13: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.02 to $113.01, inclusive.
F14: The reported securities are directly held by the reporting person's father-in-law, who is a member of the reporting person's household. The reporting person disclaims beneficial ownership of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, except to the extent of his pecuniary interest, if any.
F15: The reported securities are directly held by the YOLO APV Trust (the "APV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the APV Trust's trustee.
F16: The reported securities are directly held by the YOLO ECV Trust (the "ECV Trust"), an irrevocable trust with a third-party trustee, of which the reporting person's minor child is beneficiary. The reporting person has the power to remove and replace the ECV Trust's trustee.
F17: The reported transaction represents a gift, for no consideration, of shares of the Issuer's Class B Common Stock.
F18: The reported securities were directly held by the 2023 Venturo Family GRAT dated June 30, 2023, of which the reporting person is the sole trustee and beneficiary.
F19: The reported securities are directly held by the Venturo Family Trust dated June 30, 2023 (the "Family Trust"). The reporting person's spouse is trustee of the Family Trust and his minor children are beneficiaries.
F2: The reported securities are directly held by West Clay Capital LLC, of which the reporting person is the managing member.
F20: The reported securities are directly held by Venturo Family 2024 Friends and Family GRAT, of which the reporting person is the sole trustee and beneficiary.
F21: The reported securities are directly held by the reporting person's spouse.
F3: The reported transaction represents a sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 13, 2025.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.02 to $113.01, inclusive. The reporting person undertakes to provide to 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 filing.
F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.04 to $114.03, inclusive.
F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.04 to $115.03, inclusive.
F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.04 to $116.03, inclusive.
F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.04 to $117.03, inclusive.
F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.04 to $118.03, inclusive.
--- Signature ---
/s/ /s/ Nisha Antony, as Attorney-in-Fact (2026-05-13)
