CrowdStrike (CRWD) director granted 72 RSU-based shares as board pay
Rhea-AI Filing Summary
CrowdStrike Holdings director Gerhard Watzinger received 72 shares of Class A common stock as a compensation award. The shares came from fully vested restricted stock units issued instead of a quarterly cash retainer under the company’s Outsider Director Compensation Policy and immediately converted into stock.
After this grant, he holds 8,084 shares directly, in addition to indirect holdings reported through Clavius Capital LLC, Clavius AP, LLC, and his wife, for which he disclaims beneficial ownership beyond his economic interest.
Positive
- None.
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FAQ
What did CrowdStrike (CRWD) director Gerhard Watzinger report in this Form 4?
Gerhard Watzinger reported receiving 72 shares of CrowdStrike Class A common stock. These shares came from fully vested restricted stock units granted as part of his director compensation, replacing a quarterly cash retainer, and immediately converted into common stock.
Is the CrowdStrike (CRWD) insider transaction a purchase or a compensation grant?
The reported CrowdStrike transaction is a compensation grant, not an open-market purchase. Watzinger received 72 shares via fully vested restricted stock units issued in lieu of a quarterly cash retainer under the Outsider Director Compensation Policy.
How many CrowdStrike (CRWD) shares does Gerhard Watzinger hold directly after this filing?
Following the award, Gerhard Watzinger directly holds 8,084 shares of CrowdStrike Class A common stock. This figure reflects his direct ownership after the 72-share restricted stock unit grant converted into common shares.
What indirect CrowdStrike (CRWD) holdings are associated with Gerhard Watzinger?
The filing reports indirect holdings through Clavius Capital LLC, Clavius AP, LLC, and his wife. Watzinger disclaims beneficial ownership of these shares except to the extent of his pecuniary interest, reflecting typical disclosure for associated entities and family holdings.
How were the restricted stock units structured in this CrowdStrike (CRWD) Form 4?
The restricted stock units were fully vested upon grant and issued instead of quarterly cash retainers. They immediately converted into shares of CrowdStrike’s Class A common stock, aligning director compensation partly with equity rather than cash payments.