CrowdStrike (CRWD) president’s 10,000-share sale executed under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CrowdStrike Holdings president Michael Sentonas reported an open-market sale of 10,000 shares of Class A common stock. The transaction took place at a price of $550 per share and was executed as an open-market sale. According to the filing, the sale includes shares sold under a Rule 10b5-1 trading plan adopted on June 24, 2025, indicating it was pre-arranged. Following this transaction, Sentonas directly owns 393,248 shares of CrowdStrike’s Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,000 shares ($5,500,000)
Net Sell
1 txn
Insider
Sentonas Michael
Role
PRESIDENT
Sold
10,000 shs ($5.50M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock | 10,000 | $550.00 | $5.50M |
Holdings After Transaction:
Class A common stock — 393,248 shares (Direct, null)
Footnotes (1)
- Includes shares sold pursuant to a 10b5-1 plan adopted on June 24, 2025. Includes shares to be issued in connection with the vesting of one or more restricted stock units (RSUs).
Key Figures
Shares sold: 10,000 shares
Sale price per share: $550.00 per share
Shares owned after transaction: 393,248 shares
+2 more
5 metrics
Shares sold
10,000 shares
Class A common stock sold in open-market transaction on May 12, 2026
Sale price per share
$550.00 per share
Price for the 10,000-share open-market sale
Shares owned after transaction
393,248 shares
Direct Class A common stock holdings following the sale
Transaction type
Open-market sale (Code S)
Non-derivative transaction classification in Form 4
Net share change
-10,000 shares
Net buy/sell direction in transaction summary
Key Terms
Rule 10b5-1 plan, restricted stock units (RSUs), open-market sale, Class A common stock
4 terms
Rule 10b5-1 plan financial
"Includes shares sold pursuant to a 10b5-1 plan adopted on June 24, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
restricted stock units (RSUs) financial
"Includes shares to be issued in connection with the vesting of one or more restricted stock units (RSUs)."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A common stock financial
"security_title: Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did CrowdStrike (CRWD) president Michael Sentonas report in this Form 4?
Michael Sentonas reported selling 10,000 shares of CrowdStrike Class A common stock. The sale was an open-market transaction at $550 per share, and it was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on June 24, 2025.
Was the CrowdStrike (CRWD) insider sale by Michael Sentonas made under a 10b5-1 plan?
Yes, the sale includes shares sold under a Rule 10b5-1 trading plan adopted on June 24, 2025. Such plans allow insiders to pre-schedule trades, which can make the timing of transactions less indicative of their current market views.
What type of security did Michael Sentonas trade in this CrowdStrike (CRWD) filing?
Michael Sentonas traded CrowdStrike’s Class A common stock in this Form 4. The filing describes a non-derivative open-market sale of 10,000 Class A shares, with 393,248 Class A shares shown as directly owned after the transaction.
Does the CrowdStrike (CRWD) Form 4 mention restricted stock units (RSUs)?
Yes, a footnote states that the reported holdings include shares to be issued in connection with the vesting of one or more restricted stock units. This indicates part of Michael Sentonas’s position is tied to RSU vesting rather than only already-issued shares.