CrowdStrike (NASDAQ: CRWD) posts $4.81B FY2026 revenue; proxy seeks votes
CrowdStrike Holdings, Inc. is soliciting proxies for its virtual 2026 Annual Meeting on to elect two Class I directors, ratify PwC as auditor, approve an amendment to limit officer liability under Delaware law, and hold an advisory vote on supermajority voting provisions.
The proxy packet also summarizes fiscal 2026 results: $4.81B in revenue (a 22% increase), $5.25B ending ARR (24% increase), $1.61B net cash provided by operations, and free cash flow of $1.24B with a 26% free cash flow margin. The record date is April 24, 2026.
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Insights
Proxy seeks shareholder approval for director elections, auditor ratification, officer-liability amendment, and advisory ratification of supermajority provisions.
The proxy emphasizes governance changes: two Class I directors (Johanna Flower and Denis J. O'Leary) are nominated and the Board recommends a charter amendment to limit officer liability "to the fullest extent permitted by the DGCL." The Board also asks for a non-binding ratification of existing supermajority voting provisions in the Charter and Bylaws.
The officer-liability amendment would become effective upon filing with Delaware if approved; the Board retains discretion to abandon the amendment prior to filing. Stockholder approval thresholds are disclosed: a majority of voting power for the charter amendment and a majority of votes cast (advisory) for the supermajority ratification.
Fiscal 2026 shows multi-year scale: revenue $4.81B, ARR $5.25B, strong cash generation.
Revenue grew 22% year-over-year and ARR rose 24%. Cash flow from operations was $1.61B and free cash flow was $1.24B, yielding a 26% free cash flow margin. Gross retention remained at 97% each quarter.
These figures are presented as reported; subsequent filings (10-K or Form 10-Q) and Appendix A reconcile non-GAAP measures. Future material impact depends on execution and any stockholder votes on governance proposals.
Key Figures
Key Terms
ARR financial
Free cash flow margin financial
Section 102(b)(7) of the DGCL regulatory
Supermajority Provisions governance
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
the Securities Exchange Act of 1934 (Amendment No. )
Austin, Texas 78701
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Time and
Date:
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8:00 a.m. Pacific Time
Wednesday, June 17, 2026
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Virtual Meeting:
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www.virtualshareholdermeeting.com/CRWD2026
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Items of Business
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Board
Recommendation |
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Further Details
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1.
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Elect nominees Johanna Flower and Denis J. O’Leary to the Board of Directors to hold office until the 2029 Annual Meeting of Stockholders.
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“FOR” all nominees
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Page 5
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2.
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Ratify the selection of PricewaterhouseCoopers LLP as CrowdStrike’s independent registered public accounting firm for its fiscal year ending January 31, 2027.
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“FOR”
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Page 24
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3.
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Approve an amendment and restatement of our amended and restated certificate of incorporation to limit officer liability as permitted by Delaware law.
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“FOR”
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Page 26
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4.
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Ratify, on an advisory basis, supermajority voting provisions in our amended and restated certificate of incorporation and amended and restated bylaws.
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“FOR”
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Page 28
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| | | | | By Order of the Board of Directors | |
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George Kurtz
President, Chief Executive Officer and Director |
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Wednesday, June 17, 2026 at 8:00 a.m. Pacific Time online at
www.virtualshareholdermeeting.com/CRWD2026.
are available at www.proxyvote.com.
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Proposal
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Board Recommendation
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| | 1. | | | Elect nominees Johanna Flower and Denis J. O’Leary to the Board of Directors to hold office until the 2029 Annual Meeting of Stockholders. | | |
FOR all nominees
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| | 2. | | | Ratify the selection of PricewaterhouseCoopers LLP as CrowdStrike’s independent registered public accounting firm for its fiscal year ending January 31, 2027. | | |
FOR
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| | 3. | | | Approve an amendment and restatement of our amended and restated certificate of incorporation to limit officer liability as permitted by Delaware law. | | |
FOR
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| | 4. | | | Ratify, on an advisory basis, supermajority voting provisions in our amended and restated certificate of incorporation and amended and restated bylaws. | | |
FOR
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Name
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Age
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Director
Since |
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Current
Term Expires |
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Independent
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Audit
Committee |
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Compensation
Committee |
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Nominating
and Corporate Governance Committee |
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Transaction
Committee |
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Class I Directors
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Johanna Flower
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51
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1/2023
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2026
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Yes
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Denis J. O’Leary
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69
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12/2011
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2026
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Yes
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Godfrey R. Sullivan
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72
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12/2017
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2026
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Yes
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Class II Directors
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Roxanne S. Austin
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65
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9/2018
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2027
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Yes
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Sameer K. Gandhi
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60
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8/2013
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2027
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Yes
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Gerhard Watzinger, Chairman
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65
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4/2012
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2027
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Yes
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Class III Directors
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Cary J. Davis
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59
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7/2013
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2028
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Yes
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George Kurtz, President and CEO
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55
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11/2011
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2028
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No
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Laura J. Schumacher
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62
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11/2020
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2028
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Yes
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We encourage CrowdStrike stockholders to voluntarily elect to receive future proxy and annual report materials electronically.
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If you are a registered stockholder, please visit www.proxyvote.com for simple instructions.
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Beneficial stockholders can elect to receive future proxy and annual report materials electronically as well as vote their shares online at www.proxyvote.com.
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to vote using your mobile device, sign up for e-delivery or download annual meeting materials.
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Wednesday, June 17, 2026
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8:00 a.m. Pacific Time
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2026 Annual Meeting of Stockholders
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Proposal 1 Election of Directors
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Skills and Experience
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Class I and Continuing Directors
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Information Regarding the Board of Directors and Corporate Governance
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Corporate Governance Highlights
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Independence of the Board of Directors
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Board Leadership Structure
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Role of the Board in Risk Oversight
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Family Relationships
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Meetings of the Board of Directors
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Information Regarding Committees of the Board of Directors
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Audit Committee
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Report of the Audit Committee of the Board of
Directors |
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Compensation Committee
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Compensation Committee Interlocks and Insider Participation
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Nominating and Corporate Governance Committee
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Considerations in Evaluating Director Nominees
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Stockholder Nominations to the Board of Directors
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Transaction Committee
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Stockholder Communications with the Board of
Directors |
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Stockholder Engagement
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Corporate Governance Guidelines and Code of Business Conduct and Ethics
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Insider Trading Policy
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Equity Grant Practices
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Corporate Responsibility
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Director Compensation
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Proposal 2 Ratification of Selection of Independent Registered Public Accounting Firm
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24
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Principal Accountant Fees and Services
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Pre-Approval Policies and Procedures
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Proposal 3 Approval of an Amendment and Restatement of Our Amended and Restated Certificate of Incorporation to Limit Officer Liability as Permitted by Delaware Law
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Proposal 4 Advisory Vote on the Ratification of Supermajority Voting Provisions in Our Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws
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28
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Executive Compensation Discussion and Analysis
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30
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Pay Ratio Disclosure
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Executive Compensation Tables
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Equity Compensation Plan Information
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Security Ownership of Certain Beneficial Owners and Management
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Delinquent Section 16(a) Reports
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Legal Proceedings
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Transactions with Related Parties
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Householding of Proxy Materials
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Questions and Answers about these Proxy Materials and Voting
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64
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Other Matters
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APPENDIX A Non-GAAP Financial Measures
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APPENDIX B Proposed Amended and Restated
Charter |
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B-1
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Election of Directors
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THE BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” EACH NAMED NOMINEE.
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Age 51
Director Since January 2023
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Johanna Flower
Background
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From January 2022 to November 2022, Ms. Flower served as CrowdStrike’s Chief Marketing Officer, a role she previously held from November 2014 to August 2020.
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From June 2000 to June 2014, Ms. Flower served in various executive roles at Websense Inc., a cybersecurity software company now known as Forcepoint, LLC, where she served most recently as Senior Vice President and Chief Marketing Officer.
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Ms. Flower currently serves on the board of directors of Freshworks, Inc., a provider of modern Software-as-a-Service products, and several privately held companies.
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Ms. Flower previously served on the board of directors of ForgeRock, Inc., a digital identity technology company.
Education
Ms. Flower holds a B.A. in Business Administration from the University of Brighton, United Kingdom.
Qualifications
Ms. Flower brings to the Board extensive cybersecurity, go-to-market and modern governance experience, and knowledge of our company.
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Age 69
Director Since December 2011
Nominating and Corporate Governance Committee
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Denis J. O’Leary
Background
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Mr. O’Leary has been a private investor since January 2016.
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From September 2009 to February 2016, he served as co-managing partner of Encore Financial Partners, Inc., a company focused on the acquisition and management of banking organizations.
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From June 1978 to April 2003, Mr. O’Leary was with JPM Chase & Co., an investment bank and financial services company, where he served in various executive roles, including Corporate Treasurer, CIO, and Head of Retail and Small Business Banking.
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Mr. O’Leary previously served as a director and chairman of the board of directors of Fiserv, Inc., a public provider of financial services technology and as a member of the board of directors of Ventiv, Inc., a privately held software company.
Education
Mr. O’Leary holds a B.A. in Economics from the University of Rochester and an MBA from New York University.
Qualifications
Mr. O’Leary brings to the Board and the Nominating and Corporate Governance Committee extensive investment and financial experience, executive experience with global businesses, and knowledge of our company.
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Age 72
Director Since December 2017
Audit Committee
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Godfrey R. Sullivan
Background
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From September 2008 to November 2015, he served as President and Chief Executive Officer of Splunk, Inc., a provider of machine data analytics software, and served on the board of directors of Splunk, Inc. from 2011 to 2019.
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From 2001 to 2004 he served as President and Chief Operating Officer, and from 2004 to 2007 as President, Chief Executive Officer and a member of the board of directors of Hyperion Solutions, an enterprise financial analytics company.
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Mr. Sullivan currently serves on the board of directors of GitLab, Inc., a DevOps software company.
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He previously served on the board of directors of Marqeta, Inc., a modern card issuing company; Citrix Systems, Inc., an enterprise software company; Informatica Corporation, an enterprise data management company; People.ai, a privately held Al revenue intelligence platform company; and RingCentral, Inc., a provider of cloud-based communications and collaboration solutions.
Education
Mr. Sullivan holds a B.B.A. from Baylor University.
Qualifications
The Board believes Mr. Sullivan’s perspective and experience as a former chief executive officer of other publicly traded companies and his experience as an executive and as a member of the board of directors of other companies in the enterprise software industry benefit the Board and the Audit Committee.
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Age 65
Director Since September 2018
Chair Audit Committee; Compensation Committee
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Roxanne S. Austin
Background
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Ms. Austin has served as President of Austin Investment Advisors, a private investment and consulting firm, since January 2004. Ms. Austin also served as chair of the U.S. Mid-Market Investment Advisory Committee of EQT Partners, a private equity group, from 2017 – 2023.
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Ms. Austin currently serves on the boards of directors of AbbVie Inc., a biopharmaceutical company; Freshworks, Inc., a provider of modern Software-as-a-Service products; and Verizon Communications, a telecommunications company.
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She previously served on the board of directors of Abbott Laboratories, a provider of pharmaceuticals, medical devices and nutritional products; Teledyne Technologies Incorporated, an industrial conglomerate; LM Ericsson Telephone Company, a networking and telecommunications company; and Target Corporation, a department store retailer.
Education
Ms. Austin holds a B.B.A. in Accounting from the University of Texas at San Antonio.
Ms. Austin is a member of the California State Society of Certified Public Accountants and the American Institute of Certified Public Accountants.
Qualifications
Ms. Austin’s extensive management and operating experience with global companies in innovative industries, financial expertise including financial statements, corporate finance and accounting matters, and corporate governance experience make her instrumental to our Board, Audit Committee and Compensation Committee.
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Age 60
Director Since
August 2013
Compensation Committee; Transaction Committee
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Sameer K. Gandhi
Background
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Mr. Gandhi is currently a partner at Accel, a venture capital firm he joined in June 2008, focusing on consumer, cloud/SaaS and media companies.
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He is responsible for Accel’s investments in Spotify, Dropbox, Flipkart and Venmo, among others throughout his 25 years of investing.
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Mr. Gandhi currently serves on the board of Freshworks, Inc., a provider of modern Software-as-a-Service products, as well as on the boards of several privately held companies.
Education
Mr. Gandhi has a B.S. in Electrical Engineering and an M.S. in Electrical Engineering and Computer Science from the Massachusetts Institute of Technology, and an MBA from the Stanford Graduate School of Business.
Qualifications
The Board believes Mr. Gandhi’s extensive knowledge of our company and his experience as an investor, including more than 25 years of investing experience in cybersecurity companies and other technology and media companies that have significant worldwide operations, bring specific expertise to the Board, the Compensation Committee and the Transaction Committee.
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Age 65
Director Since April 2012
Audit Committee; Nominating and Corporate Governance Committee; Transaction Committee
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Gerhard Watzinger
Background
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From April 2013 to September 2013, he served as the Chief Executive Officer for IGATE Corporation, an IT services company.
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Mr. Watzinger served as the Executive Vice President for Corporate Strategy and Mergers & Acquisitions of the McAfee business unit of Intel Corporation (“Intel”) a designer and manufacturer of digital technology platforms, until his resignation in March 2012.
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Mr. Watzinger joined Intel in February 2011 upon Intel’s acquisition of McAfee.
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Mr. Watzinger joined McAfee in November 2007 upon McAfee’s acquisition of SafeBoot Corporation, a global leader in data protection software, where he served as Chief Executive Officer from February 2004 to November 2007.
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He currently serves on the board of directors of Invicti Security, an application security company; NinjaOne, an IT management company; and KnowBe4, Inc., a security awareness training company.
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He previously served on the board of directors of Mastech Digital, Inc., a digital transformation and information technology services company; TeleSign, a digital identity company; and Absolute Software Corporation, a persistent software company.
Education
Mr. Watzinger holds an advanced degree in Computer Science from the University of Applied Sciences in Munich.
Qualifications
Mr. Watzinger brings to the Board, the Audit Committee, the Nominating and Corporate Governance Committee and the Transaction Committee deep operational expertise in the cybersecurity and IT industries, including experience as a chief executive officer and board member of several information technology companies, as well as extensive perspective and operational insight as our current Chairman.
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Age 59
Director Since July 2013
Chair Compensation Committee
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Cary J. Davis
Background
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Mr. Davis is a Managing Director at Warburg Pincus, which he joined in October 1994, where he focuses on investments in the software and financial technology sectors.
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Prior to joining Warburg Pincus, he was Executive Assistant to Michael Dell at Dell Inc., a multinational computer technology company, and a consultant at McKinsey & Company, a worldwide management consulting firm.
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Mr. Davis currently serves on the boards of directors of Clearwater Analytics Holdings, Inc., a Software-as-a-Service investment data platform company, and several privately held companies.
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Mr. Davis previously served on the board of directors of Cyren, a cybersecurity company.
Education
Mr. Davis holds a B.A. in Economics from Yale University and an MBA from Harvard Business School.
Qualifications
Mr. Davis brings to the Board and the Compensation Committee extensive business and investment expertise and his knowledge of our company and our industry.
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Age 55
Director Since November 2011
Chair Transaction Committee
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George Kurtz
Background
Mr. Kurtz is our founder and has served as our Chief Executive Officer, President and a member of our board of directors since November 2011.
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From October 2004 to October 2011, Mr. Kurtz served in executive roles at McAfee, Inc., a security technology company, including as Executive Vice President and Worldwide Chief Technology Officer from October 2009 to October 2011.
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In October 1999, Mr. Kurtz founded Foundstone, Inc., a security technology company, where he served as its Chief Executive Officer until it was acquired by McAfee, Inc. in October 2004.
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Since November 2017, he has also served as Chairman and as a board member for the CrowdStrike Foundation, a nonprofit established to support the next generation of talent and research in cybersecurity and artificial intelligence through grants and other activities.
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He served on the board of directors of Hewlett Packard Enterprise, an enterprise information technology company from June 2019 until April 2023.
Education
Mr. Kurtz holds a B.S. in Accounting from Seton Hall University. Mr. Kurtz also holds a CPA license from the State of New Jersey with an inactive status.
Qualifications
The Board believes Mr. Kurtz provides valuable insight to the Board and the Transaction Committee as a security industry pioneer with more than 30 years of experience in the security space, a technology business leader, and as an accomplished entrepreneur who has accumulated extensive perspective, operational insight, and expertise as our founder, Chief Executive Officer and President.
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Age 62
Director Since November 2020
Chair Nominating and Corporate Governance Committee
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Laura J. Schumacher
Background
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From December 2018 to December 2022, Ms. Schumacher served as the Vice Chairman, External Affairs and Chief Legal Officer of AbbVie, Inc.
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Prior to that, Ms. Schumacher served as Executive Vice President, External Affairs, General Counsel and Corporate Secretary of AbbVie, Inc.
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Prior to AbbVie’s separation from Abbott Laboratories, Ms. Schumacher served in various leadership positions at Abbott, including as Executive Vice President, General Counsel from 2007 to 2012.
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Ms. Schumacher currently serves on the board of directors of General Dynamics Corporation, a global aerospace and defense company; the Board of Trustees for Ronald McDonald House Charities; and the Notre Dame College of Science Advisory Board.
Education
Ms. Schumacher holds a B.B.A. from the University of Notre Dame and a J.D. from the University of Wisconsin at Madison.
Qualifications
Ms. Schumacher brings to the Board and Nominating and Corporate Governance Committee extensive experience with respect to risk management and the types of legal and regulatory risks facing public companies, as well as an important understanding of corporate governance matters and complex corporate transactions.
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One share, one vote (dual class structure was sunset in fiscal 2025)
100% independent Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee
Independent Chair of the Board
Board composed of 89% independent directors
Regular executive sessions of independent directors
Rigorous director selection and evaluation process
Annual Board and committee evaluations
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Annual review of committee charters and governance guidelines
Board continuing education program
Robust stockholder engagement program
Stock ownership guidelines for directors and executive officers
Restrictions on hedging and pledging of CrowdStrike securities
Clawback policy
Active management of director conflicts of interest
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| | Audit Committee | | |
Meetings in FY2026: 8
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| | Members | | | ||||||
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Roxanne S. Austin, Chair
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Godfrey R. Sullivan
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Gerhard Watzinger
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| | Our Audit Committee is comprised of Roxanne S. Austin, Godfrey R. Sullivan, and Gerhard Watzinger, each of whom meets the requirements for independence under Nasdaq listing standards and SEC rules and regulations. | | | |||
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| | The Audit Committee is responsible for, among other things: | | | ||||||
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selecting and hiring our independent registered public accounting firm;
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evaluating the performance and independence of our registered public accounting firm;
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approving the audit and pre-approving any non-audit services to be performed by our registered public accounting firm;
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reviewing the integrity of our financial statements and related disclosures and reviewing our critical accounting policies and practices;
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reviewing the adequacy and effectiveness of our internal control policies and procedures and our disclosure controls and procedures;
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discussing with management and, as applicable, our independent registered public accounting firm, our disclosure controls and procedures over sustainability reporting data and disclosures;
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evaluating the performance of our internal audit function;
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overseeing procedures for the treatment of complaints on accounting, internal accounting controls or audit matters;
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reviewing and discussing with management and the independent registered public accounting firm the results of our annual audit, our quarterly financial statements and our publicly filed reports;
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establishing procedures for employees to anonymously submit concerns about questionable accounting or audit matters;
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assessing and managing risks, including with respect to financial accounting, investment, tax, and privacy and cybersecurity matters;
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reviewing and approving in advance any proposed related-person transactions; and
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preparing the Audit Committee report that the SEC requires in our annual proxy statement.
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| | Our Audit Committee operates under a written charter that satisfies the applicable rules and regulations of the SEC and the listing standards of Nasdaq. A copy of the charter for our Audit Committee is available on our website at ir.crowdstrike.com. | | | ||||||
Godfrey R. Sullivan
Gerhard Watzinger
| | Compensation Committee | | |
Meetings in FY2026: 15
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| | Members | | | | |||||
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Cary J. Davis, Chair
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Roxanne S. Austin
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Sameer K. Gandhi
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| | Our Compensation Committee is comprised of Cary J. Davis, Roxanne S. Austin and Sameer K. Gandhi, each of whom meets the requirements for independence under the current Nasdaq listing standards and SEC rules and regulations. | | | |||
| | Principal Responsibilities | | | ||||||
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The Compensation Committee is responsible for, among other things:
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determining, or recommending to the board for determination, the compensation of our executive officers, including our Chief Executive Officer;
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overseeing and setting compensation for the members of our Board;
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administering our equity compensation plans;
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reviewing matters related to human capital resources, including employee development, engagement and well-being;
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overseeing our overall compensation policies and practices, compensation plans, and benefits programs;
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reviewing and administering our Clawback Policy; and
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reviewing management succession planning.
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| | In addition, the Compensation Committee reviews with management the Company’s Executive Compensation Discussion and Analysis. | | | ||||||
| | Our Compensation Committee operates under a written charter that satisfies the applicable rules and regulations of the SEC and the listing standards of Nasdaq. A copy of the charter for our Compensation Committee is available on our website at ir.crowdstrike.com. | | | ||||||
| | The Compensation Committee has also delegated authority to our Chief Executive Officer and Chief Financial Officer to grant equity awards to employees subject to certain limitations established from time to time by the Compensation Committee. | | | ||||||
| | Nominating and Corporate Governance Committee |
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Meetings in FY2026: 4
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| | |||
| | Members | | | ||||||
| |
➢
Laura J. Schumacher, Chair
➢
Denis J. O’Leary
➢
Gerhard Watzinger
|
| | Our Nominating and Corporate Governance Committee is comprised of Laura J. Schumacher, Denis J. O’Leary and Gerhard Watzinger, each of whom meets the requirements for independence under Nasdaq listing standards and SEC rules and regulations. | | | |||
| | Principal Responsibilities | | | ||||||
| |
The Nominating and Corporate Governance Committee is responsible for, among other things:
•
evaluating and making recommendations regarding the composition, organization and governance of our Board and its committees;
•
reviewing and making recommendations with regard to any proposed material changes to our Charter and Bylaws;
•
reviewing and making recommendations with regard to our corporate governance guidelines;
•
reviewing conflicts of interest of our directors and corporate officers and proposed waivers of our corporate governance guidelines and our code of business conducts and ethics;
•
reviewing our sustainability policies, programs and progress to support the sustainable growth of our business;
•
reviewing our stockholder engagement efforts; and
•
evaluating the performance of our Board and of our committees.
|
| | ||||||
| | Our Nominating and Corporate Governance Committee operates under a written charter that satisfies the applicable Nasdaq listing standards. A copy of the charter for our Nominating and Corporate Governance Committee is available on our website at ir.crowdstrike.com. | | | ||||||
| | Transaction Committee | | | ||||||
| | In October 2023, our Board established the Transaction Committee to review, evaluate and approve certain potential acquisitions by the Company of businesses, entities or technologies. The Transaction Committee did not hold any meetings during fiscal 2026. Members of the Transaction Committee are not separately compensated for their service on the Transaction Committee. | | | ||||||
| | Members | | | ||||||
| |
➢
Sameer K. Gandhi
➢
George Kurtz
➢
Gerhard Watzinger
|
| | Our Transaction Committee is comprised of Sameer K. Gandhi, George Kurtz and Gerhard Watzinger. | | | |||
| |
Sustainability
|
| |
In fiscal 2026, we published CrowdStrike’s FY2025 Sustainability Update, our first annual sustainability report. The report included our first public disclosure of Scope 1 and Scope 2 emissions, with limited assurance from PricewaterhouseCoopers. We also conducted a climate risk scenario analysis, which was aligned to the framework contained in the Final Report of Recommendations of the Task Force on Climate-related Financial Disclosures, as disclosed in our report. The report can be found on https://www.crowdstrike.com/en-us/about-us/sustainability/.
Beyond reporting, we are conscious of our operational footprint. As an organization that allows for both remote and hybrid working arrangements, we can hire the best and the brightest wherever they are. This helps reduce our environmental footprint by decreasing long commutes and the impact that comes with operating a large number of physical offices. Furthermore, nearly half of our leased offices larger than 2,000 square feet are located in buildings that have received environmental certifications, including Leadership in Energy and Environmental Design (LEED), Building Research Establishment Environmental Assessment Method (BREEAM) and Energy Star certifications.
We also consider environmental impact in our data center location selection decisions. When feasible, we prefer locations with more sustainable power and a lower carbon footprint, choose servers with lower power demands, and adjust power to our servers based on demand to minimize energy utilized. We continually strive to increase the watts-to-performance ratio of our computing, which increases energy efficiency.
To complement our direct efforts to reduce our environmental impact, in fiscal 2026 we partnered with Watershed Technology Inc. to identify, purchase, and retire a variety of high-quality Energy Attribute Certificates (EACs).
Furthermore, in January 2026, we submitted our near-term company-wide GHG emission reduction targets to the Science Based Targets initiative (SBTi) as part of our ongoing efforts to address climate-related risks and align with customer priorities. In addition, in connection with Earth Day 2025, CrowdStrike employees engaged in a variety of initiatives, including a 30-day challenge to help employees build sustainable living habits and numerous learning opportunities relating to sustainable action.
|
|
| |
Accessibility
|
| |
CrowdStrike takes the accessibility of its products seriously, and we review our products for compliance on a recurring basis. In particular, we focus on screen reader compatibility for visually impaired users, keyboard navigation for users with limited dexterity and color/contrast configurability to optimize our experience for various classes of color-blindness. Our quality assurance team is also trained, certified and equipped to assist with testing for accessibility, and we work with external auditors to help identify any deficiencies.
CrowdStrike is committed to expanding our compliance with Web Content Accessibility Guidelines 2.2-AA, Section 508, and EN 301 549. We have invested, and intend to continue to invest in, the ongoing improvement of the accessibility of our products for differently abled users.
|
|
| |
Governance
|
| |
We strive to maintain high governance standards. Our commitment to effective corporate governance is illustrated by the following practices:
•
We have a “one share, one vote” structure.
•
Eight out of nine of our directors are independent.
•
The Chairperson of our Board is independent.
•
Our Audit, Compensation and Nominating and Corporate Governance committees are comprised of independent directors.
|
|
| | | | |
•
Our Board and Audit, Compensation and Nominating and Corporate Governance committees perform annual self-assessments.
•
The leadership structure of our Board is reviewed annually.
•
Our independent directors regularly meet in executive session.
•
Our Board and Board committees may hire outside advisors independently of management.
•
Our insider trading policy contains anti-hedging and anti-pledging provisions.
•
We have not adopted a “poison pill” stockholder rights plan.
•
Our directors routinely attend director education programs to assist them in remaining current with corporate governance best practices and industry developments.
|
|
| |
Data Privacy and Protection
|
| |
CrowdStrike maintains a global privacy compliance management program designed to identify, assess, and help manage risks associated with the processing of personal data across our operations, products, and services. The program is led by our Chief Privacy and Policy Officer, who administers the program and coordinates day-to-day compliance with applicable global privacy laws and standards.
The privacy function regularly collaborates with our cybersecurity, legal, compliance, product, and other business teams, and participates in cross-functional governance bodies addressing enterprise risk, incident response, and artificial intelligence (“AI”) governance where privacy considerations are implicated.
The program includes documented policies, procedures, and controls, including: monitoring legal and regulatory developments; Privacy-by-Design and Privacy-by-Default practices; records of processing activities; privacy notices; customer, vendor, and intra-group data protection agreements; cross-border data transfer mechanisms; vendor and sub-processor oversight; processes for responding to individual privacy rights requests; and procedures to assess and respond to privacy-related incidents, including escalation to senior management and legal leadership as appropriate.
Management provides periodic briefings regarding privacy and data protection program effectiveness, regulatory developments, and privacy-related risk trends to the Audit Committee and the Board of Directors. While we implement legal, contractual, and technical safeguards designed to protect personal data, no system can eliminate all risk in a globally interconnected environment.
|
|
| |
Information Security
|
| |
CrowdStrike maintains an information security program, which is supervised by the Chief Information Security Officer, whose team is responsible for managing enterprise-wide cybersecurity strategy, policy, standards, and architecture. The information security team is made up of industry experts from varied technology specialties and located throughout the world. This multidisciplinary team is organized into multiple sub-teams focused on implementing defensive measures, validating security controls, securing CrowdStrike products, and simulating attacks to test defenses, and is engaged in a continuous communication feedback loop, designed with the same guiding security principles and industry-leading tooling that we bring to all of our customers.
Some information security program highlights include:
•
We maintain a 24x7x365 staffing program, resulting in rapid security incident response times and resolution.
•
The cybersecurity team leverages automation, orchestration, and AI to realize economies of scale.
•
Zero Trust security framework principles are utilized to minimize exposure to cyber issues by implementing strict access controls and authentication mechanisms.
|
|
| | | | |
•
Our teams engage in cross-organization exercises to ensure response plans are clearly established.
•
CrowdStrike personnel, including certain contractors, undergo background checks, and CrowdStrike employee activity is monitored on CrowdStrike systems, where permitted by law.
•
Our programs and systems undergo rigorous audits where applicable (including SOC II, FedRAMP and ISO 42001) by independent organizations which help validate the security posture.
•
CrowdStrike’s AI governance aligns with industry standards, utilizing a structured approach encompassing people, processes, and technology. In fiscal 2026, we launched an internal AI governance committee, composed of a cross-functional management team. The committee provides strategic oversight, risk management, and policy direction to promote the development, deployment, and use of our AI systems in a responsible, secure, and compliant manner.
•
Our internal security testing team engages with external parties to validate our external and internal security posture through quarterly penetration testing led by top-tier security firms as well as actively engaging with the researcher community via the CrowdStrike Bug Bounty program.
•
All CrowdStrike employees are required to take annual information security and compliance training.
•
CrowdStrike maintains a visionary product security capability, dedicated to protecting CrowdStrike’s customer-facing products.
|
|
| |
Securing our Future
|
| |
We are committed to protecting local and global communities by investing in programs that keep our industry secure, help advance important causes and that nurture the next generation of talent. In fiscal 2026, CrowdStrike funded a variety of scholarships and grants to help develop the next generation of talent and resources in cybersecurity and AI across the globe through the CrowdStrike Foundation (managed through our donor advised fund at Charities Aid Foundation), corporate-directed giving and corporate-matching. Major programs included:
•
NextGen Scholarship Program for undergraduate and graduate students studying cybersecurity and/or AI.
•
Philanthropic investments in our communities through our support of more than 100 nonprofits globally, including: Operation Motorsport Foundation, Center for Infrastructure Assurance and Security, India STEM Foundation, Big Brothers Big Sisters, Junior Achievement, Cyber Texas, BRDG to Connect, and more.
•
Paid time off through our CrowdStrike Cares program to support local communities through philanthropy, volunteering, and other activities.
In fiscal 2026, CrowdStrike also provided select nonprofit organizations with access to its Falcon platform pro bono.
|
|
|
Name
|
| |
Fees Earned or
Paid in Cash ($) (1) |
| |
Stock
Awards ($) (2) |
| |
Option
Awards ($) |
| |
All Other
Compensation ($) (3) |
| |
Total
Compensation ($) |
| |||||||||||||||
| Roxanne S. Austin | | | | | 80,187 | | | | | | 272,175 | | | | | | - | | | | | | 43,681 | | | | | | 396,043 | | |
| Cary J. Davis | | | | | 66,563 | | | | | | 272,175 | | | | | | - | | | | | | - | | | | | | 338,738 | | |
| Johanna Flower | | | | | 45,833 | | | | | | 272,175 | | | | | | - | | | | | | 61,941 | | | | | | 379,949 | | |
| Sameer K. Gandhi | | | | | 55,833 | | | | | | 272,175 | | | | | | - | | | | | | - | | | | | | 328,008 | | |
| Denis J. O’Leary | | | | | 51,417 | | | | | | 272,175 | | | | | | - | | | | | | - | | | | | | 323,592 | | |
| Laura J. Schumacher | | | | | 58,458 | | | | | | 272,175 | | | | | | - | | | | | | - | | | | | | 330,633 | | |
| Godfrey R. Sullivan | | | | | 58,333 | | | | | | 272,175 | | | | | | - | | | | | | - | | | | | | 330,508 | | |
| Gerhard Watzinger | | | | | 113,917 | | | | | | 272,175 | | | | | | - | | | | | | 43,681 | | | | | | 429,773 | | |
|
Name
|
| |
Shares of
Common Stock Received |
| |||
| Cary J. Davis | | | | | 142 | | |
| Johanna Flower | | | | | 96 | | |
| Sameer K. Gandhi | | | | | 119 | | |
| Denis J. O’Leary | | | | | 110 | | |
| Laura J. Schumacher | | | | | 125 | | |
| Gerhard Watzinger | | | | | 244 | | |
|
Name
|
| |
Shares
Underlying Stock Awards (1) |
| |
Shares
Underlying Options (2) |
| ||||||
| Roxanne S. Austin | | | | | 561 | | | | | | 50,000 | | |
| Cary J. Davis | | | | | 561 | | | | | | - | | |
| Johanna Flower | | | | | 561 | | | | | | - | | |
| Sameer K. Gandhi | | | | | 561 | | | | | | - | | |
| Denis J. O’Leary | | | | | 561 | | | | | | - | | |
| Laura J. Schumacher | | | | | 561 | | | | | | - | | |
| Godfrey R. Sullivan | | | | | 561 | | | | | | - | | |
| Gerhard Watzinger | | | | | 561 | | | | | | - | | |
Ratification of Selection of Independent Registered Public Accounting Firm
| | | |
Fiscal Year
(in thousands) |
| |||||||||
| | | |
2026
|
| |
2025
|
| ||||||
| Audit Fees (1) | | | | $ | 6,885 | | | | | $ | 5,643 | | |
| Audit-related Fees (2) | | | | | 150 | | | | | | - | | |
| Tax Fees (3) | | | | | 538 | | | | | | 604 | | |
| All Other Fees (4) | | | | | 2 | | | | | | 2 | | |
| Total Fees | | | | $ | 7,575 | | | | | $ | 6,249 | | |
THE BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” RATIFICATION OF THE APPOINTMENT OF PRICEWATERHOUSECOOPERS LLP AS CROWDSTRIKE’S
INDEPENDENT AUDITOR FOR THE FISCAL YEAR ENDING JANUARY 31, 2027.
Approval of an Amendment and Restatement of Our Amended and Restated Certificate of Incorporation to Limit Officer Liability as Permitted by Delaware Law
THE BOARD OF DIRECTORS RECOMMENDS A VOTE OF “FOR” ANAMENDMENT AND RESTATEMENT OF OUR AMENDED AND RESTATED CERTIFICATE OF
INCORPORATION TO LIMIT OFFICER LIABILITY AS PERMITTED BY DELAWARE LAW.
Advisory Vote on the Ratification of Supermajority Voting Provisions in Our Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws
THE BOARD OF DIRECTORS RECOMMENDS A VOTE OF “FOR” THE ADVISORY VOTETO RATIFY SUPERMAJORITY VOTING PROVISIONS IN OUR AMENDED AND RESTATED
CERTIFICATE OF INCORPORATION AND AMENDED AND RESTATED BYLAWS.
| |
TABLE OF CONTENTS
|
|
| | | |
Page
|
| |||
|
1 — Business Performance Highlights
|
| | | | 30 | | |
|
2 — Our Approach to Executive Compensation
|
| | | | 32 | | |
|
Role of Stockholders
|
| | | | 32 | | |
|
Compensation Philosophy
|
| | | | 33 | | |
|
Executive Compensation Practices & Policies
|
| | | | 34 | | |
|
Peer Group Used for Fiscal 2026 Executive
Compensation Analysis |
| | | | 34 | | |
|
Compensation Setting Process
|
| | | | 35 | | |
|
Performance-Based Pay and Goal Setting
|
| | | | 36 | | |
|
3 — Fiscal 2026 Compensation Program and Results
|
| | | | 37 | | |
|
Base Salary
|
| | | | 37 | | |
|
Annual Cash Incentive Awards
|
| | | | 37 | | |
|
Long-Term Equity Incentive Compensation
|
| | | | 40 | | |
| | | |
Page
|
| |||
|
401(k) Plan
|
| | | | 44 | | |
|
Employee Stock Purchase Plan
|
| | | | 44 | | |
|
Health and Welfare Benefits
|
| | | | 44 | | |
|
Perquisites and Other Personal Benefits
|
| | | | 44 | | |
|
Offer Letters, Employment Agreements and Change in Control Arrangements
|
| | | | 44 | | |
|
Stock Ownership Guidelines
|
| | | | 45 | | |
|
Recoupment of Incentive Compensation, or Clawback, Policy
|
| | | | 45 | | |
|
Anti-Hedging and Pledging Policy
|
| | | | 45 | | |
|
Tax and Accounting Considerations
|
| | | | 45 | | |
|
Compensation Risk Assessment
|
| | | | 46 | | |
|
Report of the Compensation Committee of the Board of Directors
|
| | | | 47 | | |
| | Our Fiscal 2026 | |
| | Named Executive Officers | |
| | George Kurtz | |
| | President, Chief Executive Officer & Founder | |
| | Michael Sentonas | |
| | President | |
| | Burt Podbere | |
| | Chief Financial Officer | |
| | Shawn Henry (4) | |
| | Former Chief Security Officer | |
| |
|
| |
Provide a competitive total pay opportunity for top talent who possess best-in-class skills, experience and leadership required to drive and expand our business in a dynamic, innovative and highly competitive environment;
|
|
| |
|
| |
Deliver a significant portion of our executive’s pay through performance-based incentives that are tied to meeting rigorous financial and operating goals, as well as the performance of our stock; and
|
|
| |
|
| |
Emphasize long-term performance, retention and alignment with stockholders by significantly weighting our executives’ compensation towards long-term equity incentives, multi-year vesting and challenging performance requirements.
|
|
| |
|
| |
What We Do: |
| |
|
| |
Pay-for-Performance Philosophy. We align pay and performance by awarding a substantial portion of the
compensation paid to our executives in the form of “at-risk” performance-based compensation linked to
achievement of rigorous performance goals.
|
|
| |
|
| |
Balanced Short-Term and Long-Term Compensation. We grant compensation that discourages short-term risk taking at the expense of long-term results.
|
| ||||||
| | | | |
|
| |
At-Risk Short-Term Incentive Compensation. The entirety of our NEOs short-term cash incentive is at-risk.
|
| |||
| | | | |
|
| |
Diverse Performance Measures. Our performance-based compensation elements are tied to a variety of diverse performance metrics to ensure success across a variety of key financial measures.
|
| |||
| | | | |
|
| |
Maintain an Independent Compensation Committee. Our Compensation Committee is comprised solely of independent directors with extensive industry experience.
|
| |||
| | | | |
|
| |
Maintain an Independent Compensation Committee Advisor. The Compensation Committee engages its own independent compensation consultant.
|
| |||
| | | | |
|
| |
Conduct Annual Compensation Review. The Compensation Committee conducts a review at least annually of our executive compensation philosophy and strategy, including a review of the compensation peer group used for comparative purposes.
|
| |||
| | | | |
|
| |
Perform Annual Compensation-Related Risk Assessment. We have strong risk and control policies, we take risk management into account in making executive compensation decisions, and we conduct an annual risk assessment of our executive and broad-based compensation programs to promote prudent risk management.
|
| |||
| | | | |
|
| |
Maintain Stock Ownership Guidelines. We have robust stock ownership guidelines and holding requirements for our executive officers.
|
| |||
| | | | |
|
| |
Maintain a Clawback Policy. We maintain a clawback policy that provides for the recoupment of incentive compensation in compliance with applicable law.
|
| |||
| |
|
| |
What We Do Not Do: |
| |
|
| |
No Special Executive Retirement Plans. We do not offer pension arrangements or retirement plans or similar arrangements with our NEOs that are different from or in addition to those offered to our other employees.
|
|
| |
|
| |
No Excise Tax “Gross-Ups.” We do not provide any “gross-ups” for excise taxes that our employees might owe as a result of the application of Sections 280G or 4999 of the Internal Revenue Code of 1986, as amended (the “IRC”).
|
| ||||||
| |
|
| |
No “Single-Trigger” Change in Control Arrangements. Since the time of our IPO, we have not provided
for “single-trigger” acceleration of compensation or benefits solely upon a change in control. |
| ||||||
| | | | |
|
| |
No Excessive Perks. We generally do not provide excessive perquisites to our NEOs.
|
| |||
| | | | |
|
| |
Do Not Permit Hedging. We prohibit directors and employees, including our NEOs, from hedging CrowdStrike securities.
|
| |||
| | | | |
|
| |
Do Not Permit Pledging. We prohibit employees, including NEOs, from pledging CrowdStrike securities without the consent of our Legal Department.
|
|
| | |
AppLovin Corporation
|
| |
MongoDB, Inc.
|
| |
Snap Inc.
|
| |
| | |
Arista Networks, Inc.
|
| |
Okta, Inc.
|
| |
Snowflake Inc.
|
| |
| | |
Atlassian Corporation
|
| |
Palantir Technologies Inc.
|
| |
The Trade Desk, Inc.
|
| |
| | |
Block, Inc.
|
| |
Palo Alto Networks, Inc.
|
| |
Workday, Inc.
|
| |
| | |
Cloudflare, Inc.
|
| |
Pinterest, Inc.
|
| |
Zoom Communications, Inc.
|
| |
| | |
Datadog, Inc.
|
| |
Roblox Corporation
|
| |
Zscaler, Inc.
|
| |
| | |
Fortinet, Inc.
|
| |
ServiceNow, Inc.
|
| | | | |
| | |
HubSpot, Inc.
|
| |
Shopify Inc.
|
| | | | |
|
Performance-Based Pay Component
|
| |
Metrics
|
| |
Rationale
|
|
|
Annual Cash Incentive
(Corporate Incentive Plan) |
| |
Non-GAAP Operating Income
Net New ARR
Net Retention Rate
|
| | Motivates our NEOs to achieve short-term business objectives that drive growth of the Company Performance-based, not guaranteed | |
| Performance-Based Stock Units (1) | | |
Revenue (2)
Non-GAAP Earnings Per Share (“EPS”)
|
| | Aligns our NEOs’ interests with those of our stockholders by focusing on the creation and maintenance of long-term stockholder value | |
|
Name
|
| |
Fiscal 2025
Base Salary |
| |
Fiscal 2026
Base Salary (1) |
| ||||||
| Mr. Kurtz | | | | $ | 1,000,000 | | | | | $ | 1,100,000 | | |
| Mr. Sentonas | | | | $ | 750,000 | | | | | $ | 875,000 | | |
| Mr. Podbere | | | | $ | 675,000 | | | | | $ | 700,000 | | |
|
Name
|
| |
Fiscal 2025
Target Bonus |
| |
Fiscal 2026
Target Bonus |
| ||||||
| Mr. Kurtz | | | | | 125% | | | | | | 135% | | |
| Mr. Sentonas | | | | | 100% | | | | | | 100% | | |
| Mr. Podbere | | | | | 100% | | | | | | 100% | | |
|
Performance Metrics
|
| |
Description
|
|
|
Non-GAAP Operating Income (2)
(30% weighting) |
| |
Non-GAAP operating income is an indicator of profitability that eliminates the effects of events that either are not part of our core operations or are non-cash as well as the impact of income taxes.
The non-GAAP operating income portion of the CIP is only funded if at least 80% of our non-GAAP operating income target is met within the performance period. Specifically, funding under the CIP as a percentage of our non-GAAP operating income target is determined in accordance with the following table:
|
|
| Achievement Against Target |
| |
Payout
|
|
| Less than 80% | | | No payout | |
| 80% – 100% | | |
25% – 100% payout
(with linear interpolation between 80% – 100% achievement levels)
|
|
|
Greater than 100%
up to 110% |
| |
100% – 110% payout
(with linear interpolation between 100% – 110% achievement levels)
|
|
| Greater than 110% | | | Capped at 110% payout | |
|
2026 Target and Results
|
| | | |
| Aggregate of Fiscal 2026 Quarterly Targets | | | Average of Quarterly Achievement Percentages | |
| $1,146.4 million | | | 105.0% | |
| | | | | | |
| |
Net New Annual Recurring Revenue (ARR)
(70% weighting) |
| | Revenue is a primary financial indicator of our growth and stockholder value creation. It is what our investors look to as a measure of our success at selling our solutions, innovating and competing in the marketplace. Specifically for the CIP, we focus on net new ARR. | |
| | | | | The net new ARR portion of the CIP is only funded if at least 80% of our net new ARR target is met within the performance period. Specifically, funding under the CIP based on percentage achievement of our net new ARR target is determined in accordance with the following table: | |
| Achievement Against Target |
| |
Payout
|
|
| Less than 80% | | | No payout | |
| 80% – 90% | | |
25% – 80% payout
(with linear interpolation between 80% – 90% achievement levels)
|
|
| 90% – 100% | | | 80% – 100% payout (with linear interpolation between 90% – 100% achievement levels) | |
|
Greater than 100%
up to 110% |
| | 1.5x multiplier on over target achievement | |
| Greater than 110% | | | 2x multiplier on over-target achievement, capped at 150% payout | |
|
2026 Target and Results
|
| | | |
| Aggregate of Fiscal 2026 Quarterly Targets | | | Average of Quarterly Achievement Percentages | |
| $952.1 million | | | 106.1% | |
| | | | | | |
| |
Net Retention Rate (3)
|
| |
Net Retention Rate is an important indicator of our ability to retain and expand customers and our business health and is used as a modifier to determine the final payout under the CIP.
Under the CIP, the Compensation Committee may apply an upward or downward modifier of up to 10% based on whether our Net Retention Rate exceeds or is less than the target for any quarter.
For fiscal 2026, our quarterly Net Retention Rate target range was 110% – 115%. Our Net Retention Rate was 112%, 111%, 114%, and 115% for the first, second, third, and fourth quarter of fiscal 2026, respectively, falling within our target range, and therefore no modifier was applied to the final payout under the CIP.
|
|
| | | |
Fiscal 2026 Targets
|
| | |
Fiscal 2026 Actuals
|
| ||||||||||||||||||
|
Name
|
| |
Target Bonus
% of Base |
| |
Target Bonus
($) |
| | |
% Bonus Achieved
of Target |
| |
Actual Bonus
Earned ($) |
| ||||||||||||
| Mr. Kurtz | | | | | 135% | | | | | $ | 1,485,000 | | | | | | | 108.8% | | | | | $ | 1,614,938 | | |
| Mr. Sentonas | | | | | 100% | | | | | $ | 875,000 | | | | | | | 108.8% | | | | | $ | 951,563 | | |
| Mr. Podbere | | | | | 100% | | | | | $ | 700,000 | | | | | | | 108.8% | | | | | $ | 761,250 | | |
| | | |
Fiscal 2026 Elements / Metrics / Weightings
|
| |||
|
Performance Stock Unit
|
| | Revenue and Non-GAAP EPS (4) | | | 50% | |
|
Service-based RSU
|
| | Four-year graded vesting | | | 50% | |
| | | |
Revenue ($M)
|
| |
Non-GAAP EPS
|
| |
Payout
|
|
| Below Threshold | | |
< $4,743.5
|
| |
< $3.33
|
| |
0%
|
|
| Threshold | | |
$4,743.5
|
| |
$3.33
|
| |
50%
|
|
| Target | | |
$4,774.5
|
| |
$3.39
|
| |
100%
|
|
| Max | | |
$4,805.5
|
| |
$3.45
|
| |
200%
|
|
| Above Max | | |
> $4,805.5
|
| |
> $3.45
|
| |
Capped at 200%
|
|
|
Name
|
| |
RSUs
($) |
| |
Target PSUs
($) |
| |
Total
($) |
| |||||||||
| Mr. Kurtz | | | | $ | 25,000,000 | | | | | $ | 25,000,000 | | | | | $ | 50,000,000 | | |
| Mr. Sentonas | | | | $ | 15,000,000 | | | | | $ | 15,000,000 | | | | | $ | 30,000,000 | | |
| Mr. Podbere | | | | $ | 7,500,000 | | | | | $ | 7,500,000 | | | | | $ | 15,000,000 | | |
|
Fiscal 2026 PSU Targets and Results
|
| ||||||
|
Metric
|
| |
Min — Max Achievement Range
|
| |
Fiscal 2026 Actual Achievement
|
|
|
Non-GAAP EPS (A)
|
| |
$3.33 – $3.45
|
| |
$3.75
|
|
|
Revenue ($M)
|
| |
$4,743.5 – $4,805.5
|
| |
$4,812.1
|
|
|
Overall payout as a percentage of target
|
| |
—
|
| |
200%
|
|
|
Element
|
| |
Details
|
|
|
Award Type
|
| | Performance Stock Units tied to relative Total Stockholder Return | |
|
Grant Date
|
| | December 22, 2025 | |
|
Target Shares
|
| | 300,000 PSUs | |
|
Payout Range
|
| | 0% – 200% of target (0 – 600,000 shares) | |
|
Performance Period
|
| | 3 years (December 22, 2025 – December 22, 2028) | |
|
Performance Metric
|
| | CrowdStrike TSR vs S&P 500 Index constituents | |
|
Performance Level
|
| |
Relative TSR Percentile Ranking
|
| |
Payout
(% of Target PSUs) |
| |
Shares
|
|
|
Below Threshold
|
| |
Below 25th percentile
|
| |
0%
|
| |
0
|
|
|
Threshold
|
| |
25th percentile
|
| |
50%
|
| |
150,000
|
|
|
Target
|
| |
55th percentile
|
| |
100%
|
| |
300,000
|
|
|
Above Target
|
| |
75th percentile
|
| |
150%
|
| |
450,000
|
|
|
Maximum
|
| |
90th percentile or above
|
| |
200%
|
| |
600,000
|
|
Roxanne S. Austin
Sameer K. Gandhi
| Name and Principal Position | | | Year | | | Salary ($) | | | Stock Awards ($) (1) | | | Non-Equity Incentive Plan Compensation ($) (2) | | | All Other Compensation ($) (3)(4) | | | Total ($) | | ||||||||||||||||||
| Chief Executive Officer, President and Director (5) | | | | | 2026 | | | | | | 1,100,000 | | | | | | 242,124,351 | | | | | | 1,614,938 | | | | | | 2,739,854 | | | | | | 247,579,143 | | |
| | | | 2025 | | | | | | 1,000,000 | | | | | | 31,850,681 | | | | | | 1,325,064 | | | | | | 1,019,555 | | | | | | 35,195,300 | | | ||
| | | | 2024 | | | | | | 950,000 | | | | | | 44,090,037 | | | | | | 1,241,709 | | | | | | 702,109 | | | | | | 46,983,855 | | | ||
| Michael Sentonas President | | | | | 2026 | | | | | | 875,000 | | | | | | 31,775,895 | | | | | | 951,563 | | | | | | 32,187 | | | | | | 33,634,645 | | |
| | | | 2025 | | | | | | 750,000 | | | | | | 22,750,402 | | | | | | 795,039 | | | | | | 17,638 | | | | | | 24,313,079 | | | ||
| | | | 2024 | | | | | | 625,000 | | | | | | 34,352,360 | | | | | | 653,531 | | | | | | 17,700 | | | | | | 35,648,591 | | | ||
| Burt Podbere Chief Financial Officer | | | | | 2026 | | | | | | 700,000 | | | | | | 15,887,948 | | | | | | 761,250 | | | | | | 26,202 | | | | | | 17,375,400 | | |
| | | | 2025 | | | | | | 675,000 | | | | | | 13,650,124 | | | | | | 715,534 | | | | | | 18,478 | | | | | | 15,059,136 | | | ||
| | | | 2024 | | | | | | 625,000 | | | | | | 18,895,730 | | | | | | 653,531 | | | | | | 32,124 | | | | | | 20,206,385 | | | ||
| Shawn Henry Former Chief Security Officer (6) | | | | | 2026 | | | | | | 600,000 | | | | | | - | | | | | | - | | | | | | 25,701 | | | | | | 625,701 | | |
| | | | 2025 | | | | | | 600,000 | | | | | | - | | | | | | 246,178 | | | | | | 23,534 | | | | | | 869,712 | | | ||
| | | | 2024 | | | | | | 600,000 | | | | | | 12,597,154 | | | | | | 249,826 | | | | | | 26,295 | | | | | | 13,473,275 | | | ||
| | | | | | | | | |
Estimated Possible Payouts Under
Non-Equity Incentive Plan Awards (1) |
| |
Estimated Possible Payouts Under
Equity Incentive Plan Awards (2) |
| |
All
Other Stock Awards: Number of Shares of Stock (#) (4) |
| |
Grant
Date Fair Value of Stock and Option Awards ($) (5) |
| ||||||||||||||||||||||||||||||||||||
|
Name
|
| |
Grant
Date |
| |
Threshold
($) (3) |
| |
Target
($) |
| |
Maximum
($) |
| |
Threshold
Performance Shares (#) |
| |
Target
Performance Shares (#) |
| |
Maximum
Performance Shares (#) |
| |||||||||||||||||||||||||||||||||
|
George Kurtz
|
| | | | 04/23/2025 | | | | | | 371,250 | | | | | | 1,485,000 | | | | | | 2,049,300 | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | |
| | | | 04/23/2025 | | | | | | - | | | | | | - | | | | | | - | | | | | | 17,429 | | | | | | 69,714 | | | | | | 139,428 | | | | | | - | | | | | | 26,892,176 | | | ||
| | | | 04/23/2025 | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | 69,714 | | | | | | 26,892,176 | | | ||
| | | | 12/22/2025 | | | | | | - | | | | | | - | | | | | | - | | | | | | 75,000 | | | | | | 300,000 | | | | | | 600,000 | | | | | | | | | | | | 188,340,000 | | | ||
|
Michael Sentonas
|
| | | | 04/16/2025 | | | | | | 218,750 | | | | | | 875,000 | | | | | | 1,207,500 | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | |
| | | | 04/16/2025 | | | | | | - | | | | | | - | | | | | | - | | | | | | 10,457 | | | | | | 41,828 | | | | | | 83,656 | | | | | | - | | | | | | 15,887,948 | | | ||
| | | | 04/16/2025 | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | 41,828 | | | | | | 15,887,948 | | | ||
|
Burt Podbere
|
| | | | 04/16/2025 | | | | | | 175,000 | | | | | | 700,000 | | | | | | 966,000 | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | |
| | | | 04/16/2025 | | | | | | - | | | | | | - | | | | | | - | | | | | | 5,229 | | | | | | 20,914 | | | | | | 41,828 | | | | | | - | | | | | | 7,943,974 | | | ||
| | | | 04/16/2025 | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | 20,914 | | | | | | 7,943,974 | | | ||
|
Shawn Henry
|
| | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | | | | | - | | |
| | | | | | | | | |
Option Awards (1)
|
| |
Stock Awards (1)
|
| ||||||||||||||||||||||||||||||||||||||||||||||||
|
Name
|
| |
Grant Date
|
| |
Number of
Securities Underlying Options Exercisable (#) |
| |
Number of
Securities Underlying Options Unexercisable (#) |
| |
Equity
Incentive Plan Awards: Number of Securities Underlying Unexercised Unearned Options (#) |
| |
Option
Exercise Price ($) |
| |
Option
Expiration Date |
| |
Number of
Shares, Units or other Rights That Have Not Vested (#) |
| |
Market
Value of Shares, Units or Other Rights That Have Not Vested ($) (2) |
| |
Equity
Incentive Plan Awards: Number of Unearned Shares, Units or Other Rights That Have Not Vested (#) |
| |
Equity
Incentive Plan Awards: Market or Payout of Unearned Shares, Units or Other Rights That Have Not Vested ($) (2) |
| ||||||||||||||||||||||||||||||
|
George Kurtz
|
| | |
|
10/09/18 (3)
|
| | | |
|
351,989
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
11.13
|
| | | |
|
10/9/2028
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| |
| | |
|
08/28/21 (4)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
16,875
|
| | | |
|
7,448,709
|
| | | |
|
135,000
|
| | | |
|
59,589,675
|
| | ||
| | |
|
04/06/22 (5)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
6,143
|
| | | |
|
2,711,551
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/06/22 (6)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
3,905
|
| | | |
|
1,723,687
|
| | | | | | | | | | | | | | ||
| | |
|
04/19/23 (7)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
65,505
|
| | | |
|
28,914,235
|
| | | | | | | | | | | | | | ||
| | |
|
04/19/23 (8)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
42,425
|
| | | |
|
18,726,607
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/17/24 (9)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
23,041
|
| | | |
|
10,170,413
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/17/24 (10)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
30,502
|
| | | |
|
13,463,735
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/23/25 (11)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
139,428
|
| | | |
|
61,544,216
|
| | ||
| | |
|
04/23/25 (12)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
56,643
|
| | | |
|
25,002,503
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
12/22/25 (13)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
300,000
|
| | | |
|
132,421,500
|
| | ||
|
Michael Sentonas
|
| | |
|
06/01/16 (14)
|
| | | |
|
5,000
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
1.67
|
| | | |
|
6/1/2026
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| |
| | |
|
09/25/18 (15)
|
| | | |
|
3,230
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
11.13
|
| | | |
|
9/25/2028
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/06/22 (5)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
2,458
|
| | | |
|
1,084,973
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/06/22 (6)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
1,562
|
| | | |
|
689,475
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/06/22 (16)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
1,562
|
| | | |
|
689,475
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/19/23 (7)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
28,076
|
| | | |
|
12,392,887
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/19/23 (8)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
36,364
|
| | | |
|
16,051,251
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/19/23 (8)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
18,182
|
| | | |
|
8,025,626
|
| | | | | | | | | | | | | | ||
| | |
|
04/17/24 (9)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
16,459
|
| | | |
|
7,265,085
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/17/24 (10)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
21,787
|
| | | |
|
9,616,891
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/16/25 (11)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | | | | | | | | | | | | | |
|
83,656
|
| | | |
|
36,926,177
|
| | ||
| | |
|
04/16/25 (12)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
33,986
|
| | | |
|
15,001,590
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
|
Burt Podbere
|
| | |
|
01/12/22 (4)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
3,594
|
| | | |
|
1,586,410
|
| | | |
|
28,750
|
| | | |
|
12,690,394
|
| |
| | |
|
04/06/22 (5)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
3,686
|
| | | |
|
1,627,019
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/06/22 (6)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
2,343
|
| | | |
|
1,034,212
|
| | | | | | | | | | | | | | ||
| | |
|
04/19/23 (7)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
28,076
|
| | | |
|
12,392,887
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/19/23 (8)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
18,182
|
| | | |
|
8,025,626
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/17/24 (9)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
9,876
|
| | | |
|
4,359,316
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/17/24 (10)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | | | | | | | |
|
13,072
|
| | | |
|
5,770,046
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/16/25 (11)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | | | | | | | |
|
-
|
| | | |
|
-
|
| | | |
|
41,828
|
| | | |
|
18,463,088
|
| | ||
| | |
|
04/16/25 (12)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
16,993
|
| | | |
|
7,500,795
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
|
Shawn Henry
|
| | |
|
04/06/22 (5)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
2,458
|
| | | |
|
1,084,973
|
| | | |
|
-
|
| | | |
|
-
|
| |
| | |
|
04/06/22 (6)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
1,562
|
| | | |
|
689,475
|
| | | | | | | | | | | | | | ||
| | |
|
04/19/23 (7)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
18,719
|
| | | |
|
8,262,660
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | |
|
04/19/23 (8)
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
-
|
| | | |
|
12,122
|
| | | |
|
5,350,711
|
| | | |
|
-
|
| | | |
|
-
|
| | ||
| | | |
Option Awards
|
| |
Stock Awards
|
| ||||||||||||||||||
|
Name
|
| |
Number of
Shares Acquired on Exercise (#) |
| |
Value Realized
on Exercise ($) (1) |
| |
Number of
Shares Acquired on Vesting (#) |
| |
Value Realized
on Vesting ($) (2) |
| ||||||||||||
|
George Kurtz
|
| | | | - | | | | | | - | | | | | | 432,053 | | | | | | 195,532,390 | | |
|
Michael Sentonas
|
| | | | - | | | | | | - | | | | | | 121,365 | | | | | | 55,014,301 | | |
|
Burt Podbere
|
| | | | - | | | | | | - | | | | | | 135,837 | | | | | | 61,417,041 | | |
|
Shawn Henry
|
| | | | - | | | | | | - | | | | | | 44,143 | | | | | | 19,885,916 | | |
|
Name
|
| |
Benefit Description
|
| |
Termination without cause
by Company or for good reason by executive NOT in connection with a Change in Control ($) |
| |
Termination without cause
by Company or for good reason by executive in connection with a Change in Control ($) |
| |
Change in Control without
any termination event ($) |
| |||||||||
|
George Kurtz
|
| | Cash severance | | | | $ | 1,650,000 (1) | | | | | $ | 3,877,500 (2) | | | | | | - | | |
| | | | Accelerated vesting of equity awards (3) | | | | $ | 99,955,237 | | | | | $ | 294,678,447 | | | | | | - | | |
| | | | Continuation of health benefits (4) | | | | $ | 52,971 | | | | | $ | 52,971 | | | | | | - | | |
|
Michael Sentonas
|
| | N/A | | | | | - | | | | | | - | | | | | | - | | |
|
Burt Podbere
|
| | Cash severance (5) | | | | $ | 175,000 | | | | | $ | 175,000 | | | | | | - | | |
|
Shawn Henry
|
| | Cash severance (6) | | | | $ | 200,000 | | | | | $ | 200,000 | | | | | | - | | |
| | | Year (a) | | | | Summary Compensation Table Total for PEO ($) (1) (b) | | | | Compensation Actually Paid to PEO ($) (2) (c) | | | | Average Summary Compensation Table Total for Non-PEO NEOs ($) (1) (d) | | | | Average Compensation Actually Paid to Non-PEO NEOs ($) (2) (e) | | | | Value of Initial Fixed $100 Investment Based on: | | | | Net Income ($) (in thousands) (h) (4) | | | | Operating Income (in thousands) (i) (5) | | | ||||||||||||||||||||||||||||
| | Total Stockholder Return ($) (3) (f) | | | | Peer Group Total Stockholder Return ($) (3) (g) | | | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| | | FY2026 | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | ( | | | | | | $ | | | | |||||||
| | | FY2025 | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | ( | | | | | | $ | | | | |||||||
| | | FY2024 | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | | | | ||||||||
| | | FY2023 | | | | | $ | | | | | | $ | ( | | | | | | $ | | | | | | $ | ( | | | | | | $ | | | | | | $ | | | | | | $ | ( | | | | | | $ | | | | |||||
| | | FY2022 | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | | | | | | $ | ( | | | | | | $ | | | | |||||||
| | | | PEO FY2026 | | | Non-PEOs FY2026 | | ||||||
| Summary Compensation Table Total | | | | $ | | | | | $ | | | ||
| Less Stock Award Value Reported in Summary Compensation Table for the Covered Year | | | | $ | ( | | | | | $ | ( | | |
| Plus Fair Value for Unvested Awards Granted in the Covered Year, Determined as of the Covered Year End | | | | $ | | | | | $ | | | ||
| Change in Fair Value of Outstanding Unvested Awards from Prior Years, Determined based on Change in Fair Value from Prior Year End to Covered Year End | | | | $ | | | | | $ | | | ||
| Plus Fair Value for Awards Granted in the Covered Year that Vested in the Covered Year, Determined as of the Vesting Date | | | | $ | | | | | $ | | | ||
| Change in Fair Value of Awards from Prior Years that Vested in the Covered Year, Determined based on Change in Fair Value from Prior Year End to the Vesting Date | | | | $ | | | | | $ | | | ||
| Less Fair Value of Awards Forfeited during the Covered Year | | | | | - | | | | | | - | | |
| Plus Fair Value of Incremental Dividends or Earnings Paid on Stock Awards | | | | | - | | | | | | - | | |
| Less Aggregate Change in Actuarial Present Value of Accumulated Benefit Under Pension Plans | | | | | - | | | | | | - | | |
| Plus Aggregate Service Cost and Prior Service Cost for Pension Plans | | | | | - | | | | | | - | | |
| Compensation Actually Paid | | | | $ | | | | | $ | | | ||
| | | Performance Measure | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
| | | | | |
![[MISSING IMAGE: bc_tsr-pn.jpg]](https://www.sec.gov/Archives/edgar/data/0001535527/000110465926046009/bc_tsr-pn.jpg)
|
Plan Category
|
| |
Number of
securities to be issued upon exercise of outstanding options and rights (#) (a) |
| |
Weighted
average exercise price of outstanding options and rights (b) |
| |
Number of
securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a) (#) (c) |
| |||||||||
| Equity compensation plans approved by stockholders (1) | | | | | 9,071,398 (2) | | | | | $ | 12.38 (3) | | | | | | 23,319,503 (4)(5) | | |
| Equity compensation plans NOT approved by stockholders | | | | | - | | | | | | 0.00 | | | | | | - | | |
| Total | | | | | 9,071,398 | | | | | $ | 12.38 | | | | | | 23,319,503 | | |
|
Name of Beneficial Owner
|
| |
Shares
Beneficially Owned (1) |
| |
% Shares
Beneficially Owned |
| ||||||
| Greater than 5% Stockholders: | | | | | | | | | | | | | |
| BlackRock, Inc. (2) | | | | | 16,954,069 | | | | | | 6.70% | | |
| Named Executive Officers, Directors and Director Nominees: | | | | | | | | | | | | | |
| George Kurtz (3) | | | | | 2,384,082 | | | | | | * | | |
| Michael Sentonas (4) | | | | | 220,968 | | | | | | * | | |
| Burt W. Podbere (5) | | | | | 360,726 | | | | | | * | | |
| Shawn Henry (6) | | | | | 23,240 | | | | | | * | | |
| Roxanne S. Austin (7) | | | | | 68,297 | | | | | | * | | |
| Cary J. Davis (8) | | | | | 21,095 | | | | | | * | | |
| Johanna Flower | | | | | 75,551 | | | | | | * | | |
| Sameer K. Gandhi (9) | | | | | 837,191 | | | | | | * | | |
| Denis J. O’Leary (10) | | | | | 87,798 | | | | | | * | | |
| Laura J. Schumacher | | | | | 8,678 | | | | | | * | | |
| Godfrey R. Sullivan (11) | | | | | 111,265 | | | | | | * | | |
| Gerhard Watzinger (12) | | | | | 86,414 | | | | | | * | | |
| All executive officers and directors as a group (11 persons) (13) | | | | | 4,262,065 | | | | | | 1.67% | | |
|
Proposal
|
| |
Board Recommendation
|
| |||
| 1. | | | Elect nominees Johanna Flower and Denis J. O’Leary to the Board of Directors to hold office until the 2029 Annual Meeting of Stockholders. | | | FOR all nominees | |
| 2. | | | Ratify the selection of PricewaterhouseCoopers LLP as CrowdStrike’s independent registered public accounting firm for its fiscal year ending January 31, 2027. | | | FOR | |
| 3. | | | Approve an amendment and restatement of our amended and restated certificate of incorporation to limit officer liability as permitted by Delaware law. | | | FOR | |
| 4. | | | Ratify, on an advisory basis, supermajority voting provisions in our amended and restated certificate of incorporation and amended and restated bylaws. | | | FOR | |
|
Proposal
|
| |
Voting
Options |
| |
Vote Required to Adopt
the Proposal |
| |
Effect of
Abstentions |
| |
Effect of
“Broker Non-Votes” |
|
|
1.
Election of the Class I director nominees Johanna Flower and Denis J. O’Leary.
|
| | For or withhold on each nominee. | | | The nominees who receive the most “FOR” votes will be elected. | | | N/A. | | | No effect. No broker discretion to vote. | |
|
2.
Ratification of the selection of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the fiscal year ending January 31, 2027.
|
| | For, against, or abstain. | | | The affirmative “FOR” vote of a majority of the votes cast on the matter is required to ratify the selection of PricewaterhouseCoopers LLP. | | | No effect. | | | N/A. Brokers have discretion to vote. | |
|
3.
Approval of an amendment and restatement of our amended and restated certificate of incorporation to limit officer liability as permitted by Delaware law.
|
| | For, against, or abstain. | | | The affirmative “FOR” vote of a majority of the voting power of the outstanding shares of our common stock entitled to vote at the Annual Meeting. | | |
Counts against.
|
| | Counts against. | |
|
4.
Advisory vote on the ratification of supermajority voting provisions in our amended and restated certificate of incorporation and amended and restated bylaws.
|
| | For, against, or abstain. | | | The affirmative “FOR” vote of a majority of the votes cast to be approved, on an advisory basis. | | | No effect. | | | No effect. No broker discretion to vote. | |
| | | | | By Order of the Board of Directors | |
| | | | |
|
|
| | | | |
George Kurtz
President, Chief Executive Officer and Director |
|
| | | |
Year Ended January 31,
|
| |||||||||
| | | |
2026
|
| |
2025
|
| ||||||
| GAAP loss attributable to CrowdStrike | | | | $ | (162,502) | | | | | $ | (15,241) | | |
|
Stock based compensation expense and related employer payroll taxes
|
| | | | 1,130,571 | | | | | | 903,584 | | |
|
Amortization of acquired intangible assets
|
| | | | 31,233 | | | | | | 26,004 | | |
|
Acquisition-related expenses, net
|
| | | | 14,036 | | | | | | 6,027 | | |
|
Amortization of debt issuance costs and discount
|
| | | | 2,186 | | | | | | 2,186 | | |
|
Mark-to-market adjustments on deferred compensation liabilities
|
| | | | 1,412 | | | | | | 611 | | |
|
Costs associated with the July 19 Incident and related matters, net
|
| | | | 117,730 | | | | | | 60,062 | | |
|
Strategic plan related charges, net
|
| | | | 44,777 | | | | | | — | | |
|
Gains and other income from strategic investments attributable to CrowdStrike
|
| | | | (1,337) | | | | | | (2,675) | | |
|
Gains on deferred compensation assets
|
| | | | (1,412) | | | | | | (611) | | |
|
Income tax adjustments (1)
|
| | | | (220,107) | | | | | | (165,362) | | |
| Non-GAAP net income attributable to CrowdStrike | | | | $ | 956,587 | | | | | $ | 814,585 | | |
| | | |
Year Ended January 31,
|
| |||
| | | |
2026
|
| |
2025
|
|
| GAAP net cash provided by operating activities | | |
$1,612,349
|
| |
$1,381,727
|
|
|
Purchases of property and equipment
|
| |
(302,108)
|
| |
(254,852)
|
|
|
Capitalized internal-use software and website development costs
|
| |
68,751
|
| |
(58,969)
|
|
|
Purchases of deferred compensation investments
|
| |
(6,009)
|
| |
(2,721)
|
|
|
Proceeds from sales of deferred compensation investments
|
| |
(207)
|
| |
(106)
|
|
| Free cash flow | | |
$1,372,776
|
| |
$1,065,079
|
|
| GAAP net cash provided by operating activities as a percentage of revenue | | |
34%
|
| |
35%
|
|
|
Purchases of property and equipment as a percentage of revenue
|
| |
(6)%
|
| |
(6)%
|
|
|
Capitalized internal-use software and website development costs as a percentage of revenue
|
| |
(1)%
|
| |
(1)%
|
|
|
Purchases of deferred compensation investments as a percentage of revenue
|
| |
—%
|
| |
—%
|
|
|
Proceeds from the sales of deferred compensation investments as a percentage of revenue
|
| |
—%
|
| |
—%
|
|
| Free cash flow margin | | |
26%
|
| |
27%
|
|