CrowdStrike Holdings, Inc.·4

Mar 24, 8:00 PM ET

Kurtz George 4

Research Summary

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Updated

CrowdStrike (CRWD) CEO George Kurtz Sells Shares

What Happened
George Kurtz, President, CEO and a director of CrowdStrike Holdings (CRWD), sold a total of 31,915 shares in open-market transactions on March 23, 2026, for aggregate proceeds of approximately $13,145,097. The largest tranche was 24,274 shares at a weighted average price of $411.07 (~$9.98M); other blocks ranged from 30 to 1,589 shares at weighted average prices between about $408.99 and $417.20. All reported sales were made to cover tax withholding due on the vesting of restricted stock units (RSUs).

Key Details

  • Transaction date: March 23, 2026 (Form 4 filed March 24, 2026 — timely)
  • Total shares sold: 31,915; Total proceeds: ~$13.15 million
  • Price detail: weighted-average tranche prices reported between ~$409 and $417; underlying trades ranged roughly $408.99–$417.20 (see footnotes F2–F9)
  • Reason: Sales were to satisfy tax withholding on vested RSUs (remark / F1 — cashless sale to cover taxes)
  • Beneficial ownership note: Reporting person disclaims beneficial ownership except to extent of pecuniary interest (F10)
  • Shares owned after transaction: Not specified in the provided filing

Context
These were routine, tax-withholding sales tied to RSU vesting rather than discretionary open-market divestitures. Such sales are common and do not necessarily indicate a change in the insider’s view of the company; purchases tend to carry more informational weight for investors.