Form 4: CrowdStrike Director Denis O'Leary Reports Gift Distributions of Class B Common Stock

Sentiment:

SEC Form 4 Filing


Director Denis O'Leary reported gifting Class B common stock, convertible to Class A, in a recent SEC Form 4 filing.

Summary

  • Denis O'Leary, a director at CrowdStrike Holdings, Inc., filed a Form 4 with the SEC.
  • The filing reports a transaction date of March 27, 2024.
  • O'Leary gifted 5,913 shares of Class B common stock.
  • These shares are convertible to Class A common stock.
  • Following the transaction, O'Leary directly owns 23,893 shares of Class A common stock.
  • O'Leary indirectly owns 19,094 shares of Class A common stock through a 2022 grantor retained annuity trust.
  • O'Leary indirectly owns 28,182 shares of Class A common stock through a charitable remainder trust UAD 3/15/22.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a gift of stock. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

  • The gift distribution may have a minor impact on shareholders due to the change in ownership of Class B shares.
  • The transaction does not appear to directly impact employees, customers, suppliers, or creditors.

Key Dates

DateDescription
03/15/2022Date of charitable remainder trust UAD
03/27/2024Date of transaction (gift distribution of Class B common stock)
03/28/2024Date of signature on the Form 4 filing

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