Form 4: CrowdStrike Executive Shawn Henry Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
CrowdStrike's Chief Security Officer, Shawn Henry, sold a portion of his Class A common stock on September 16, 2024, under a pre-arranged 10b5-1 trading plan.
Summary
- On September 16, 2024, Shawn Henry, the Chief Security Officer of CrowdStrike Holdings, Inc., sold shares of Class A common stock.
- The sales were executed under a pre-existing 10b5-1 trading plan adopted on December 20, 2023.
- A total of 4,500 shares were sold in two transactions.
- 300 shares were sold at a weighted average price of $260.1134, with individual prices ranging from $259.71 to $260.37.
- 4,200 shares were sold at a price of $260.77.
- Following the reported transactions, Henry beneficially owns 174,591 shares of Class A common stock, which includes shares to be issued in connection with the vesting of restricted stock units (RSUs).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock sales by an executive, which is neutral in sentiment.
Industry Context
Sales by executives are a normal part of corporate activity. The use of a 10b5-1 plan suggests the sales were pre-planned and not based on any inside information.
Stakeholder Impact
- The stock sale could have a minor impact on shareholders due to the increased supply of shares in the market.
Key Dates
| Date | Description |
|---|---|
| 12/20/2023 | Date of adoption of the 10b5-1 trading plan. |
| 09/16/2024 | Date of the stock sale transactions. |
| 09/17/2024 | Date of signature of the Form 4 filing. |
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