[Form 4] CrowdStrike Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

CrowdStrike Holdings insider filing: Chief Accounting Officer Anurag Saha reported a transaction dated 09/25/2025 in which 9,317 restricted stock units (RSUs) were acquired at no cash price. The RSUs are unvested and will vest in 16 equal quarterly installments beginning on December 20, 2025, subject to continued service. After the reported transaction, the filing shows 46,572 shares beneficially owned, which the filer states includes shares to be issued on vesting of one or more RSUs. The Form 4 was signed by an attorney-in-fact on 09/29/2025.

Positive

• Clear disclosure of vesting schedule for 9,317 RSUs, specifying 16 quarterly installments beginning December 20, 2025
• Alignment with long‑term retention via time‑based RSUs rather than immediate sale or cash compensation
• Post‑transaction beneficial ownership disclosed as 46,572 shares, aiding transparency

Negative

• None.

Insights

Financial Analyst

TL;DR Executive compensation granted as time‑based RSUs, increasing long-term alignment with shareholders.

The grant of 9,317 RSUs to the Chief Accounting Officer represents a time‑based retention award rather than an open‑market purchase, with vesting over four years in quarterly installments starting December 20, 2025. Because these are unvested RSUs issued at $0, they convey future equity if service conditions are met and will incrementally increase outstanding shares as they vest. The filing lists total beneficial ownership of 46,572 shares post‑transaction, which is helpful for calibrating insider ownership levels when combined with other holdings disclosed elsewhere.

Corporate Governance Expert

TL;DR Time‑based RSUs are a routine retention tool with clear vesting schedule disclosed in the Form 4.

The disclosure clearly states the award is subject to continued service and specifies the vesting cadence of 16 equal quarterly installments, which provides transparency on when dilution and insider incentives will materialize. The filing is complete with an attorney‑in‑fact signature and enumerates post‑transaction beneficial ownership. There is no indication of performance conditions or accelerated vesting in this filing; governance reviewers would note the grant is standard for executive retention purposes.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Saha Anurag

(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 ACCOUNTING OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
09/25/2025

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	09/25/2025		A		9,317(1)	A	$0	46,572(2)	D

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. The shares represent unvested restricted stock units (RSUs) that vest in 16 equal quarterly installments beginning on December 20, 2025, subject to the reporting person's continued service through each applicable vesting date.

2. Includes shares to be issued in connection with the vesting of one or more RSUs.

	/s/ Remie Solano, Attorney-in-Fact	09/29/2025
	** 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

Who filed the Form 4 for CrowdStrike (CRWD)?

The filing reports transactions by Anurag Saha, identified as Chief Accounting Officer, with the form executed by an attorney‑in‑fact on 09/29/2025.

What did Anurag Saha receive according to the Form 4?

The Form 4 reports acquisition of 9,317 restricted stock units (RSUs) on 09/25/2025 at a reported price of $0.

When do the RSUs vest?

The RSUs vest in 16 equal quarterly installments beginning on December 20, 2025, subject to continued service through each vesting date.

How many shares does Saha beneficially own after the transaction?

The filing shows 46,572 shares beneficially owned following the reported transaction, which includes shares to be issued upon RSU vesting.

Are there performance conditions disclosed for these RSUs?

No performance conditions are disclosed in this Form 4; the award is described as time‑based RSUs with service‑based vesting.