Form 4: CrowdStrike Director Godfrey Sullivan Reports Share Reallocation to Trust
Insider Transaction Report
CrowdStrike Holdings, Inc. Director Godfrey Sullivan reported a re-allocation of 641 Class A common shares from direct to indirect ownership via a revocable trust, effective June 25, 2025.
Summary
- Godfrey Sullivan, a Director of CrowdStrike Holdings, Inc. (CRWD), filed a Form 4 with the SEC.
- The filing details a transaction that occurred on June 25, 2025.
- Sullivan disposed of 641 shares of Class A common stock directly.
- Concurrently, 641 shares of Class A common stock were acquired indirectly through the Godfrey and Suzanne Sullivan Revocable Trust.
- Both the disposition and acquisition were reported with a transaction price of $0, indicating a non-sale/purchase event, likely a gift or internal transfer.
- Following these transactions, Mr. Sullivan directly owns 26,185 shares of Class A common stock.
- He indirectly owns 95,641 shares of Class A common stock through the Godfrey and Suzanne Sullivan Revocable Trust.
- The direct ownership figure includes shares expected to be issued upon the vesting of Restricted Stock Units (RSUs).
- Mr. Sullivan disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The filing reports a routine insider share re-allocation (gift/transfer) with no cash consideration, which is a neutral event for the company's operational or financial performance.
Positives
- The director maintains a significant beneficial ownership stake in the company, demonstrating continued alignment with shareholder interests.
Negatives
- No direct negatives for the company's operations or financial health are indicated by this insider transaction, as it represents a re-allocation rather than a sale for cash.
Risks
- NA
Future Outlook
This Form 4 filing reports an insider transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing details an insider transaction by a director of CrowdStrike Holdings, Inc., a leading cybersecurity company. Such transactions are routine disclosures and do not inherently reflect broader industry trends, though they provide insight into individual insider holdings within the cybersecurity sector.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| NA | NA | NA | NA | NA |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| NA | NA | NA | NA |
Legal Proceedings
- NA
Related Party Transactions
- Transfer of 641 Class A common shares from Godfrey Sullivan's direct ownership to the Godfrey and Suzanne Sullivan Revocable Trust, a common personal planning move.
Stakeholder Impact
- Shareholders: Provides transparency on a director's shareholdings and re-allocation, but no direct impact on company value or operations.
Next Steps
- NA
Key Dates
| Date | Description |
|---|---|
| 06/25/2025 | Date of the reported share disposition and acquisition transactions. |
| 06/27/2025 | Date the Form 4 was signed and filed with the SEC. |
Keywords
CrowdStrike, CRWD, Godfrey Sullivan, Form 4, insider transaction, director, share ownership, stock transfer, beneficial ownership, revocable trust
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