Form 4: CrowdStrike Director Sameer K. Gandhi Reports Changes in Beneficial Ownership

Director Sameer K. Gandhi reports acquisition of CrowdStrike Class A common stock through RSU vesting and director compensation, along with holdings through various trusts and investment funds.

Summary

• On June 18, 2024, Sameer K. Gandhi, a director of CrowdStrike Holdings, Inc., acquired 641 shares of Class A common stock.
• These shares represent unvested restricted stock units (RSUs) that vest on the earlier of the one-year anniversary of the grant date or the next annual meeting.
• On June 20, 2024, Gandhi acquired 38 shares of Class A common stock, representing fully-vested RSUs issued in lieu of quarterly cash retainer(s) payable under the issuer's Outsider Director Compensation Policy.
• Gandhi's direct holdings following these transactions amount to 6,785 shares of Class A common stock.
• Gandhi also has indirect ownership through Potomac Investments L.P. Fund 1 (839,234 shares), The Potomac Trust (29,038 shares), The Potomac 2011 Irrevocable Trust (29,868 shares), Accel Leaders Fund L.P. (190,880 shares), Accel Leaders Fund Investors 2016 L.L.C. (9,120 shares), and The Potomac 2011 Nonexempt Trust (8,132 shares).
• Gandhi disclaims beneficial ownership of shares held by the trusts and investment funds, except to the extent of his pecuniary interest.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as the transactions reflect standard compensation practices and insider confidence, but do not contain any groundbreaking news.

Positives

• The acquisition of shares through RSU vesting and director compensation indicates confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their ownership of company stock, providing transparency to investors.

Stakeholder Impact

• The reported transactions provide transparency to shareholders regarding insider ownership.

Key Dates