CrowdStrike Director Reports 55-Share RSU Conversion on Form 4

Rhea-AI Filing Summary

Gerhard Watzinger, a director of CrowdStrike Holdings, Inc. (CRWD), reported a non-derivative equity transaction dated 09/19/2025. The filing shows 55 shares were acquired as fully vested restricted stock units (RSUs) issued in lieu of quarterly cash retainer(s) under the company's Outsider Director Compensation Policy; the RSUs immediately converted into Class A common stock at $0 reported price. After the transaction the reporting person directly owned 7,951 shares, and indirectly owned additional Class A shares: 42,391 by Clavius Capital LLC, 7,000 by his wife, and 29,500 by Clavius AP, LLC. The report includes the standard disclaimer that the reporting person disclaims beneficial ownership except to the extent of pecuniary interest and is signed by an attorney-in-fact on 09/23/2025.

Positive

• RSUs issued in lieu of cash retainers, indicating director compensation is equity-based
• Immediate conversion of RSUs to Class A common stock, aligning director interests with shareholders

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director received RSUs in lieu of cash retainer; small, routine equity compensation converted to shares.

The 55-share award represents routine director compensation paid as RSUs under the Outsider Director Compensation Policy and immediately converted to Class A common stock. As a governance matter this aligns the director's interests with shareholders by receiving equity rather than cash. The filing also discloses indirect holdings through related entities and spouse, with an explicit pecuniary-interest disclaimer. There is no indication of unusual timing, hedging, or sales activity in this Form 4.

Securities Analyst

TL;DR: Transaction is immaterial to capitalization; it documents routine vesting and ownership structure.

The 55-share conversion at a reported price of $0 reflects RSUs issued in lieu of cash retainers and is a standard non-cash director compensation mechanism. The director's aggregate stakes (direct and indirect) are disclosed, which is useful for ownership analysis but not material for valuation—total disclosed beneficial ownership sums to reported direct and indirect holdings as stated. No derivative transactions or dispositions are reported.

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

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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).

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^*

Watzinger Gerhard

(Last) (First) (Middle)

C/O CROWDSTRIKE HOLDINGS, INC.

206 E. 9TH ST., STE. 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/19/2025

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	09/19/2025		A		55(1)	A	$0	7,951(2)	D
Class A common stock								42,391	I	By Clavius Capital LLC(3)
Class A common stock								7,000	I	By wife(3)
Class A common stock								29,500	I	By Clavius AP, LLC(3)

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 fully vested restricted stock units (RSUs) issued in lieu of quarterly cash retainer(s) payable under the issuer's Outsider Director Compensation Policy. The RSUs immediately converted into shares of the issuer's Class A Common Stock.

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

3. The Reporting Person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest in such shares.

	/s/ Remie Solano, Attorney-in-Fact	09/23/2025
	** 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).
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FAQ

What transaction did Gerhard Watzinger report on Form 4 for CRWD?

The Form 4 reports that on 09/19/2025 he acquired 55 shares representing fully vested RSUs issued in lieu of a quarterly cash retainer, which immediately converted to Class A common stock.

How many shares does Gerhard Watzinger beneficially own after the reported transaction?

After the transaction he directly owned 7,951 shares, and indirectly held 42,391 (Clavius Capital LLC), 7,000 (wife), and 29,500 (Clavius AP, LLC) as disclosed.

Was the reported acquisition paid in cash and at what price?

The filing indicates the RSUs were issued in lieu of cash and the conversion is reported with a $0 price for the acquired shares.

Does the reporting person claim full beneficial ownership of the indirectly held shares?

No. The filing includes a disclaimer stating the reporting person disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by /s/ Remie Solano, Attorney-in-Fact on 09/23/2025 as indicated in the filing.