[Form 4] CrowdStrike Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

CrowdStrike (NASDAQ:CRWD) Form 4 discloses CFO Burt Podbere sold 9,714 Class A shares on 06/23/2025 at prices between $461.60-$473.88, generating roughly $4.5 million in proceeds.

Post-sale, he retains 239,008 direct and 255,615 indirect shares via family trusts and spouse, representing about 2 % of his prior stake. The filing states all sales were executed solely to cover tax withholdings from RSU vesting.

• Average sale price ≈ $465.6
• No derivative activity reported
• Rule 10b5-1 box not checked

Positive

• None.

Negative

• CFO disposes 9,714 shares (~$4.5 M) to satisfy tax withholding, trimming direct stake to 239,008 shares and possibly dampening investor confidence.

Insights

Insider Trading Analyst

TL;DR: $4.5 M CFO sale appears tax-driven; limited governance red flag.

Although sizeable in dollar terms, the 9,714-share disposal represents only ~2 % of the CFO’s combined holdings and is expressly linked to tax withholding on vested RSUs. Lack of a Rule 10b5-1 plan could raise minor optics issues, yet the explicit purpose and residual ownership above 0.2 % of shares outstanding suggest minimal strategic intent. Overall sentiment impact is muted but worth monitoring if sales persist or accelerate.

Portfolio Manager

TL;DR: Multi-million insider sale may pressure near-term sentiment despite benign rationale.

Even routine tax-cover transactions can influence investor psychology when disclosed by a C-suite officer. $4.5 M equals roughly two days’ average trading volume cost for liquidity, so market impact should be absorbed quickly; however, the absence of offsetting insider purchases and the non-use of a 10b5-1 plan could feed a bearish narrative. If similar sales recur, they might signal valuation sensitivity at current price levels.

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Podbere Burt W.

(Last) (First) (Middle)

C/O CROWDSTRIKE HOLDINGS, INC.

206 E. 9TH ST., STE. 1400

(Street)

AUSTIN TX 78701

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CrowdStrike Holdings, Inc. [ CRWD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF FINANCIAL OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	06/23/2025		S		290	D	$461.77(1)	249,432(2)	D
Class A common stock	06/23/2025		S		800	D	$463.16(3)	248,632(4)	D
Class A common stock	06/23/2025		S		200	D	$464.15(5)	248,432(4)	D
Class A common stock	06/23/2025		S		700	D	$466.63(6)	247,732(4)	D
Class A common stock	06/23/2025		S		410	D	$467.95(7)	247,322(4)	D
Class A common stock	06/23/2025		S		600	D	$468.73(8)	246,722(4)	D
Class A common stock	06/23/2025		S		1,500	D	$469.87(9)	245,222(4)	D
Class A common stock	06/23/2025		S		6,200	D	$471.24(10)	239,022(4)	D
Class A common stock	06/23/2025		S		13	D	$472.6	239,009(4)	D
Class A common stock	06/23/2025		S		1	D	$473.88	239,008(4)	D
Class A common stock								42,800	I	Buttonwillow Trust(11)
Class A common stock								42,800	I	Doris Trust(11)
Class A common stock								31,188	I	By trust (The PericlesPod Trust)(11)
Class A common stock								22,187	I	By trust (The PlutoPod Trust)(11)
Class A common stock								10,430	I	By trust (The Callie Hodia Podbere Childrens Trust)(11)
Class A common stock								10,430	I	By trust (The Indiana Hope Podbere Childrens Trust)(11)
Class A common stock								5,085	I	By trust (The PersephonePod Trust)(11)
Class A common stock								19,113	I	By trust (The LunaPod Trust)(11)
Class A common stock								20,502	I	By trust (The OvidPod Trust)(11)
Class A common stock								21,080	I	By trust (The PetraPod Trust)(11)
Class A common stock								30,000	I	By Spouse(11)

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $461.60 to $461.87. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

2. Includes shares to be issued in connection with the vesting of one or more restricted stock units (RSUs) and includes 69 shares of Class A common stock acquired on June 10, 2025, under the CrowdStrike Holdings, Inc. 2019 Employee Stock Purchase Plan.

3. This transaction was executed in multiple trades at prices ranging from $462.68 to $463.55. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

4. Includes shares to be issued in connection with the vesting of one or more restricted stock units (RSUs).

5. This transaction was executed in multiple trades at prices ranging from $464.05 to $464.25. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

6. This transaction was executed in multiple trades at prices ranging from $466.35 to $467.28. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

7. This transaction was executed in multiple trades at prices ranging from $467.64 to $468.25. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

8. This transaction was executed in multiple trades at prices ranging from $468.50 to $469.00. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

9. This transaction was executed in multiple trades at prices ranging from $469.50 to $470.47. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

10. This transaction was executed in multiple trades at prices ranging from $471.23 to $471.86. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

11. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein.

Remarks:

All reported sales were made to cover tax withholdings due on vesting of restricted stock unit awards, as required under the Issuer's administrative policies.

	/s/ Remie Solano, Attorney-in-Fact	06/25/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many CrowdStrike shares did the CFO sell on June 23 2025?

The Form 4 reports 9,714 Class A shares were sold on 06/23/2025.

What was the total value of the shares sold by CRWD's CFO?

At weighted-average prices between $461.60 and $473.88, proceeds were approximately $4.5 million.

What is Burt Podbere's remaining direct ownership after the transaction?

Following the sale, he directly holds 239,008 CRWD shares.

Why did the CFO of CrowdStrike sell shares according to the filing?

The filing states the sales were made to cover tax withholdings on vested RSU awards, per company policy.

Was the transaction executed under a Rule 10b5-1 trading plan?

No. The Rule 10b5-1(c) checkbox was left blank, indicating the sale was not under a pre-arranged plan.

What percentage of the CFO's total holdings did the sale represent?

The 9,714-share sale equates to roughly 2 % of his combined 494,623-share stake.