CrowdStrike's Finance Chief Makes Strategic Moves with Family Trust Holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CrowdStrike Holdings CFO Burt W. Podbere reported multiple trust-related transactions of Class A common stock on June 25, 2025. Key transactions include:
- Acquired 4,005 shares directly (increasing direct holdings to 243,013 shares)
- Various trust transfers including: - Disposed 578 shares from PetraPod Trust - Acquired 578 shares in OvidPod Trust - Disposed 2,180 shares from LunaPod Trust - Disposed 694 shares from OvidPod Trust - Disposed 1,131 shares from PetraPod Trust
The filing also reveals substantial indirect holdings through multiple family trusts, including 42,800 shares each in Buttonwillow and Doris Trusts, 31,188 shares in PericlesPod Trust, and 30,000 shares held by spouse. All transactions were executed at $0, suggesting trust reorganization or estate planning activities rather than market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,166 shares gifted
Mixed
14 txns
Insider
Podbere Burt W.
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A common stock | 578 | $0.00 | -- |
| Gift | Class A common stock | 578 | $0.00 | -- |
| Gift | Class A common stock | 2,180 | $0.00 | -- |
| Gift | Class A common stock | 694 | $0.00 | -- |
| Gift | Class A common stock | 1,131 | $0.00 | -- |
| Gift | Class A common stock | 4,005 | $0.00 | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 20,502 shares (Indirect, By trust (The PetraPod Trust));
Class A common stock — 243,013 shares (Direct)
Footnotes (1)
- The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest therein. Includes shares to be issued in connection with the vesting of one or more restricted stock units (RSUs).
FAQ
What insider transactions did CRWD's CFO Burt Podbere report on June 25, 2025?
On June 25, 2025, CRWD's CFO Burt Podbere reported several gift transactions ('G' code) involving Class A common stock. He disposed of shares from various trust accounts and acquired 4,005 shares directly. Notable transactions included disposing of 2,180 shares from the LunaPod Trust and acquiring 578 shares in the OvidPod Trust, all at $0 price as these were gifts.
What is the total indirect ownership of CRWD stock by Burt Podbere's family trusts?
Burt Podbere has indirect ownership through multiple family trusts including: Buttonwillow Trust (42,800 shares), Doris Trust (42,800 shares), PericlesPod Trust (31,188 shares), PlutoPod Trust (22,187 shares), and several other family trusts. His spouse also indirectly owns 30,000 shares.
Was CRWD CFO Podbere's June 2025 stock transaction made under a 10b5-1 trading plan?
The Form 4 filing does not indicate that these transactions were made pursuant to a 10b5-1 trading plan, as the checkbox for transactions made under such plans was not marked. The transactions were reported as gifts ('G' transaction code) rather than planned trades.