CrowdStrike Form 4: CFO Podbere offloads $5.4M in shares, retains major holding

Rhea-AI Filing Summary

CrowdStrike (CRWD) Form 4 filing, 8/5/2025: Chief Financial Officer Burt W. Podbere reported three same-day open-market sales executed to cover tax withholding on recently vested RSUs.

• Shares sold: 1,400 @ $453.69, 2,400 @ $454.47 and 8,083 @ $456.07, totaling 11,883 Class A shares.
• Gross proceeds: ≈ $5.4 million at a weighted average ≈ $455/share.
• Post-sale holdings: 231,130 direct shares plus 251,610 indirect shares held through 10 family trusts and spouse, for aggregate beneficial ownership of ~482 k shares (subject to disclaimers).
• RSU shares scheduled to be issued upon future vesting are already included in the direct total.
• All trades were executed in multiple lots within the disclosed price ranges; detailed breakdown available on request.

No derivative transactions were reported. Sales were flagged as Code “S” and explicitly stated as issuer-mandated tax-withholding transactions, limiting discretionary signal value. Podbere remains a substantial shareholder and continues as CFO.

Positive

• CFO still beneficially owns ~482 k shares, indicating continued alignment with shareholder interests.

Negative

• Insider selling—regardless of reason—can trigger short-term sentiment concerns among momentum investors.

Insights

Securities Analyst

TL;DR: CFO’s 11.9k-share sale is tax-withholding driven; ownership remains sizable, implying neutral investor signal.

The filing shows mandatory sales tied to RSU vesting rather than discretionary profit-taking. After the sale, Podbere still holds over 480k shares directly and indirectly, preserving strong alignment with shareholders. Proceeds (~$5.4 m) and price (> $450) highlight the stock’s recent strength but do not alter the company’s fundamentals. Because the disposition is routine and pre-explained, market impact should be minimal.

Corporate Governance Expert

TL;DR: Routine Section 16 tax sale; no red flags in governance or insider-alignment terms.

Code “S” transactions for tax obligations are common practice under CrowdStrike’s insider-trading policy. The CFO’s continuing large exposure, coupled with transparent price-range disclosure and Rule 10b5-1 check-box left blank, supports sound governance standards. I view the filing as administratively required rather than strategically timed, hence not impactful to the ownership thesis.

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 STREET, SUITE 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)
08/05/2025

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	08/05/2025		S		1,400	D	$453.69(1)	241,613(2)	D
Class A common stock	08/05/2025		S		2,400	D	$454.47(3)	239,213(2)	D
Class A common stock	08/05/2025		S		8,083	D	$456.07(4)	231,130(2)	D
Class A common stock								42,800	I	Buttonwillow Trust(5)
Class A common stock								42,800	I	Doris Trust(5)
Class A common stock								31,188	I	By trust (The PericlesPod Trust)(5)
Class A common stock								22,187	I	By trust (The PlutoPod Trust)(5)
Class A common stock								10,430	I	By trust (The Callie Hodia Podbere Childrens Trust)(5)
Class A common stock								10,430	I	By trust (The Indiana Hope Podbere Childrens Trust)(5)
Class A common stock								5,085	I	By trust (The PersephonePod Trust)(5)
Class A common stock								16,933	I	By trust (The LunaPod Trust)(5)
Class A common stock								20,386	I	By trust (The OvidPod Trust)(5)
Class A common stock								19,371	I	By trust (The PetraPod Trust)(5)
Class A common stock								30,000	I	By Spouse(5)

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 $453.02 to $454.00. 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.

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

3. This transaction was executed in multiple trades at prices ranging from $454.06 to $454.88. 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. This transaction was executed in multiple trades at prices ranging from $455.23 to $456.18. 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.

5. 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	08/06/2025
	** 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 CFO Burt Podbere sell on 8/5/2025?

He sold 11,883 Class A shares in three transactions.

What prices were the CRWD shares sold at?

Weighted average prices were $453.69, $454.47 and $456.07, within disclosed intra-trade ranges.

Why did the CrowdStrike CFO sell shares?

The filing states the sales were to cover tax withholdings on vesting RSU awards under company policy.

How many CrowdStrike shares does the CFO now hold?

Post-sale, he owns 231,130 direct shares and 251,610 indirect shares through family trusts and spouse.

Were any derivative securities involved in this Form 4?

No. Table II shows zero derivative transactions in this filing.