Podbere Burt W. 4
Research Summary
AI-generated summary
CrowdStrike (CRWD) CFO Burt W. Podbere Sells Shares
What Happened
- Burt W. Podbere, Chief Financial Officer of CrowdStrike Holdings (CRWD), executed a series of open-market sales on Feb 4, 2026. He sold a total of 7,871 shares across six tranches for aggregate proceeds of about $3,272,587. Individual sales ranged from 160 to 1,942 shares at weighted-average prices between $413.42 and $421.75 per share.
- These were sales (not purchases) and are described in the filing as made to cover tax withholding obligations arising from the vesting of restricted stock units (RSUs).
Key Details
- Transaction date: 2026-02-04 (filed 2026-02-05 — timely Form 4).
- Sales detail (shares @ weighted-average price = proceeds):
- 1,670 @ $413.42 = $690,411 (prices ranged ~$412.98–$413.96)
- 1,632 @ $414.47 = $676,415 (prices ranged ~$414.00–$414.98)
- 1,942 @ $415.42 = $806,746 (prices ranged ~$415.01–$416.00)
- 1,590 @ $416.60 = $662,394 (prices ranged ~$416.01–$417.00)
- 160 @ $417.16 = $66,746 (prices ranged ~$417.10–$417.20)
- 877 @ $421.75 = $369,875 (prices ranged ~$421.73–$421.82)
- Shares sold total: 7,871; aggregate proceeds: ~$3.27 million.
- Shares owned after transaction: not specified in the provided summary of the filing.
- Notable footnotes: sales executed in multiple trades (weighted-average prices reported); F2 indicates inclusion of shares issued on RSU vesting; F8 disclaims beneficial ownership except for pecuniary interest.
- Transaction codes: S = Sale. The filing remarks state sales were to cover tax withholdings on RSU vesting.
Context
- These were routine, company-administered sales to satisfy tax withholding on vested RSUs — a common, non-speculative practice by insiders. Such sales do not necessarily indicate a change in the insider’s view of the company; purchases are typically more indicative of positive insider sentiment.