CrowdStrike Executive's $5.5M Stock Sale Adds to Recent Trading Pattern
Rhea-AI Filing Summary
CrowdStrike Holdings Form 144 filing details a proposed sale of securities by an insider. The filing indicates that 11,527 shares of Class A Common Stock are to be sold through E*Trade Financial Corporation, with an aggregate market value of $5,490,310.
The shares were acquired on June 20, 2025 through vesting of restricted stock unit awards as part of equity compensation, with a total of 28,968 shares acquired. The seller, Michael Sentona, has conducted two previous sales in the past 3 months:
- March 21, 2025: 13,543 shares for $4,856,803
- June 11, 2025: 25,000 shares for $11,925,000
The proposed sale represents a small fraction of CrowdStrike's total outstanding shares of 249,248,174. The transaction is scheduled for execution on the NASDAQ exchange on June 23, 2025.
Positive
- None.
Negative
- CrowdStrike's President Michael Sentona plans to sell 11,527 shares worth approximately $5.49M, following recent sales of 38,543 shares worth $16.78M in the past 3 months, indicating significant insider selling activity