CRWD Insider Filing: Denis O'Leary Converts 24 RSUs to Class A Shares
Rhea-AI Filing Summary
Denis O'Leary, a director of CrowdStrike Holdings, Inc. (CRWD), reported a non-derivative acquisition on 09/19/2025. The filing shows 24 fully vested restricted stock units (RSUs) issued in lieu of quarterly cash retainers converted immediately into shares of Class A common stock at a price of $0. After the transaction the reporting person beneficially owned 37,514 Class A shares directly; additional indirect holdings include 19,582 shares via a charitable remainder trust, 14,691 via Hohnco, LLC, 17,292 via Ryderco, LLC and 12,818 via a 2022 grantor retained annuity trust. The reporting person disclaims beneficial ownership of the indirect holdings except for pecuniary interest.
Positive
- Director received equity compensation via fully vested RSUs that immediately converted to Class A shares, aligning interests with shareholders
- Form 4 discloses detailed ownership including direct and indirect holdings, improving transparency
Negative
- None.
Insights
TL;DR: Director O'Leary received and converted 24 RSUs to Class A shares, modestly increasing direct holdings and confirming existing indirect structures.
The transaction is routine director compensation processed under the issuer's Outsider Director Compensation Policy: quarterly cash retainer(s) were paid as RSUs that immediately converted to Class A common stock. The filing documents both direct ownership and multiple indirect holdings through trusts and LLCs, with the reporting person disclaiming beneficial ownership of those indirect positions except for pecuniary interest. This is a standard disclosure of equity-based compensation and ownership structure for a board member.
TL;DR: A small, non-cash RSU issuance converted to 24 shares; ownership totals updated but the transaction is immaterial to market capitalization.
The Form 4 records a compensation-driven grant (24 RSUs) converting at no cash price and increases the director's direct share count to 37,514. Multiple indirect holdings are disclosed via trust and LLC vehicles with the customary disclaimer of beneficial ownership. There are no derivative trades or disposals reported and no exercise prices or expirations to note. This is a routine insider filing reflecting director compensation mechanics rather than active trading.