4Accepted Sep 15, 8:00 PM ET
CrowdStrike (CRWD) Director Roxanne S. Austin Sells 50,000 Shares
Accepted (ET)
8:00 PM
Sep 15, 2026
Filed
Sep 15, 2026
Documents
1
Size
11.5 KB
Summary
CrowdStrike (CRWD) Director Roxanne S. Austin Sells 50,000 Shares
What Happened
Roxanne S. Austin, a director of CrowdStrike Holdings (CRWD), exercised/converted 50,000 derivative shares and sold 50,000 shares in open-market transactions on September 14, 2026. She sold 30,000 shares at a weighted average price of $237.22 for $7,116,600 and 20,000 shares at a weighted average price of $238.17 for $4,763,400, totaling approximately $11,880,000. The derivative exercise/conversion is reported at a $0.00 per-share price in the filing (code M).
Key Details
- Transaction date: 2026-09-14; Form 4 filed: 2026-09-15 (timely filing).
- Sales: 30,000 shares @ $237.22 (weighted avg; trades ranged $237.01–$237.68), 20,000 shares @ $238.17 (weighted avg; trades ranged $238.10–$238.37). Total proceeds ≈ $11.88M.
- Derivative: 50,000 shares exercised/converted (code M) reported at $0.00. A corresponding derivative disposition of 50,000 shares is also recorded.
- Shares owned after transaction: Not specified in the provided filing summary.
- Notable footnotes: 4-for-1 stock split effective July 2, 2026 (record date June 25, 2026); some reported shares reflect RSU vesting and previously granted options (options granted Oct 9, 2018, vested in 40 monthly installments starting Oct 26, 2018). Multiple trades were aggregated to weighted-average prices (details available on request per footnotes).
Context
The filing shows an exercise/conversion of derivatives and same-day sale of the resulting shares — effectively the insider sold shares obtained from the derivative exercise. Such sell transactions are common for liquidity/tax reasons and do not by themselves indicate the director’s longer-term view of the company. The 4-for-1 stock split and the age/vesting schedule of the options are noted in the filing footnotes.