CrowdStrike (CRWD) director reports 5,000-share stock gift via trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CrowdStrike Holdings director Godfrey Sullivan reported a gift of Class A common stock held indirectly through the Godfrey and Suzanne Sullivan Revocable Trust. On the reported date, the trust transferred 5,000 shares as a bona fide gift at no price per share.
Following this disposition, the trust held 85,641 shares of CrowdStrike Class A common stock. Sullivan disclaims beneficial ownership of these shares except to the extent of his pecuniary interest in them, so this is a personal estate and charitable planning move rather than a market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,000 shares gifted
Mixed
1 txn
Insider
SULLIVAN GODFREY
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A common stock | 5,000 | $0.00 | -- |
Holdings After Transaction:
Class A common stock — 85,641 shares (Indirect, Godfrey and Suzanne Sullivan Revocable Trust)
Footnotes (1)
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FAQ
What insider transaction did CrowdStrike (CRWD) director Godfrey Sullivan report?
Godfrey Sullivan reported a bona fide gift of 5,000 shares of CrowdStrike Class A common stock. The shares were held indirectly through the Godfrey and Suzanne Sullivan Revocable Trust, reflecting a personal transfer rather than a market purchase or sale.
Was the CrowdStrike (CRWD) insider transaction a sale on the open market?
No, the reported CrowdStrike transaction was a bona fide gift, not an open-market sale. The 5,000 shares of Class A common stock were transferred at zero price, indicating a personal transfer rather than trading activity affecting market supply or pricing.
How is the CrowdStrike (CRWD) stock held for director Godfrey Sullivan?
The shares are held indirectly through the Godfrey and Suzanne Sullivan Revocable Trust. The filing notes Sullivan’s nature of ownership as indirect and tied to the trust, which is the entity from which the 5,000-share gift of Class A common stock was made.
Does Godfrey Sullivan claim full beneficial ownership of his CrowdStrike (CRWD) trust shares?
No, Sullivan disclaims beneficial ownership of the trust’s CrowdStrike shares except to the extent of his pecuniary interest. This means he does not assert full economic ownership of all 85,641 shares, even though they are reported as indirectly held through the revocable trust.
What does the Form 4 gift transaction mean for CrowdStrike (CRWD) investors?
The Form 4 reflects a 5,000-share gift of CrowdStrike stock from a revocable trust linked to director Godfrey Sullivan. Because it is a bona fide gift at zero price, it is generally viewed as personal estate or charitable planning rather than a signal about company fundamentals.