Podbere Burt W. 4
Research Summary
AI-generated summary
CrowdStrike (CRWD) CFO Burt Podbere Receives RSU Award
What Happened
- Burt W. Podbere, Chief Financial Officer of CrowdStrike Holdings (CRWD), received an award of 41,828 restricted stock units (RSUs) reported on March 6, 2026. The grant is recorded at $0.00 (no cash paid on grant).
- The award amount is performance-based for the issuer's fiscal year ended January 31, 2026. Per the filing, 25% of the RSUs vest on March 20, 2026, with the remaining RSUs vesting in one-sixteenth (1/16) equal quarterly installments thereafter.
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (filing appears timely under the 2-business-day rule).
- Transaction type: Award/Grant of RSUs (code A); reported grant price: $0.00.
- Shares reported: 41,828 RSUs (includes shares to be issued on vesting per filing footnote).
- Shares owned after transaction: Not specified in the provided filing summary. Footnote F3 states the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
- Notable footnotes:
- F1: Vesting schedule: 25% on March 20, 2026; remaining in 1/16 equal quarterly installments. Final award amount tied to FY2026 performance.
- F2: Includes shares to be issued upon vesting of RSUs.
- F3: Reporting person disclaims beneficial ownership except for pecuniary interest.
Context
- RSU awards are a common form of executive compensation and do not involve an open-market purchase or sale at the time of grant. They only convert to actual shares as they vest (subject to performance and vesting conditions).
- This grant by itself is neutral information about timing and compensation; it does not indicate an immediate buy or sell signal.