CrowdStrike Director Reports 27 RSUs Converted to Class A Stock

Rhea-AI Filing Summary

Laura J. Schumacher, a member of CrowdStrike Holdings' board, reported an insider transaction on 09/19/2025. She was issued 27 shares that represent fully vested restricted stock units (RSUs) granted in lieu of quarterly cash retainers under the company's Outsider Director Compensation Policy; those RSUs immediately converted into Class A common stock at no cash price. After the transaction, she beneficially owns 9,167 shares, which includes shares to be issued upon vesting of one or more RSUs. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/23/2025.

Positive

• Director compensation aligned with shareholders through RSUs issued in lieu of cash retainers
• Timely disclosure of the transaction on Form 4, indicating compliance with reporting rules

Negative

• None.

Insights

Securities Analyst

TL;DR: Director received a small equity grant in lieu of cash; transaction appears routine and not materially market-moving.

The filing shows a routine director compensation event: 27 RSUs were issued and immediately converted into Class A common stock at no cash cost, reflecting standard non-employee director compensation under the Outsider Director Compensation Policy. The post-transaction beneficial ownership of 9,167 shares is disclosed and includes future RSU vesting. There is no indication of option exercises, sales, or derivative transactions. From a securities perspective, this disclosure is compliance-focused and does not signal a change in company operations, strategy, or material insider intent.

Corporate Governance Expert

TL;DR: Governance practice consistent with aligning director pay to shareholder interests via equity-based compensation.

The transaction is described as RSUs issued in lieu of cash retainers for an outsider director, converting immediately into Class A common stock. This is a common governance practice to align non-employee directors with shareholder outcomes. The form lists direct beneficial ownership and notes additional shares tied to vesting RSUs. The disclosure is complete for the reported items and meets Section 16 reporting requirements.

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

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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^*

Schumacher Laura J

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/19/2025

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	09/19/2025		A		27(1)	A	$0	9,167(2)	D

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. The shares represent fully vested restricted stock units (RSUs) issued in lieu of quarterly cash retainer(s) payable under the issuer's Outsider Director Compensation Policy. The RSUs immediately converted into shares of the issuer's Class A Common Stock.

2. Includes shares to be issued in connection with the vesting of one or more RSUs.

	/s/ Remie Solano, Attorney-in-Fact	09/23/2025
	** 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

What did Laura J. Schumacher report on Form 4 for CRWD?

She reported receipt of 27 shares (fully vested RSUs converted into Class A common stock) on 09/19/2025 and a post-transaction beneficial ownership of 9,167 shares.

Why were the 27 shares issued to the director?

The 27 shares represent fully vested RSUs issued in lieu of quarterly cash retainers under CrowdStrike's Outsider Director Compensation Policy, per the filing.

Did the director pay for the shares reported on the Form 4?

No cash price was paid; the RSUs converted into shares at a price of $0 as reported on the Form 4.

Does the Form 4 indicate any derivative transactions or stock sales by the director?

No; the filing reports only the RSU conversion into Class A common stock and lists no derivative transactions or dispositions.