CrowdStrike Director Cary Davis Sells $7.37M in Class A Stock
CrowdStrike Holdings, Inc.
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Filing Summary
CrowdStrike Director Cary Davis Sells $7.37M in Class A Stock
Company: CrowdStrike Holdings, Inc. (CRWD)
Form: 4 | Filed: 2026/09/22
Significance: Low
Insider: Cary Davis Title: Director | Relationship: Director
Transaction: • Type: Sell • Shares: 29,940 • Price: ~$246.00 • Value: $7,365,118 • Owned After: 58,479
Key Insight: Director Cary Davis disposed of 29,940 Class A common shares across two open-market transactions totaling $7.37M, followed by an RSU grant of 83 shares in lieu of director cash fees.
Market Context: At a market capitalization of $243.34B, the transaction represents less than 0.003% of shares outstanding, indicating negligible market materiality.
Comprehensive Analysis
SEC Filing Analysis: CrowdStrike Holdings, Inc. (CRWD)
Executive Summary
- Trading Significance: Low
- Key Takeaway: Director Cary Davis liquidated 29,940 shares of Class A common stock for approximately $7.37M in open-market transactions.
- Market Impact: Neutral; immaterial transaction relative to CrowdStrike's $243.34B market capitalization.
Company Information
| Field | Value |
|---|---|
| Company | CrowdStrike Holdings, Inc. |
| Ticker Symbol | CRWD |
| CIK | 0001535527 |
| Industry | Services-Prepackaged Software [7372] |
Insider Information
| Field | Value |
|---|---|
| Name | Cary Davis |
| CIK | 0001220632 |
| Title/Position | Director |
| Relationship | Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-09-17 |
| Transaction Code | S (Open Market Sale) |
| Security Type | Class A common stock |
| Shares Involved | 29,940 |
| Price Per Share | $246.00 (Weighted Average) |
| Total Value | $7,365,117.80 |
| Shares Owned After | 58,479 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $7,365,117.80 |
| % of Market Cap | 0.0030% |
| Shares Transacted | 29,940 |
| % of Shares Outstanding | 0.0029% |
| Post-Transaction Ownership | 58,479 shares (0.0057% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: With CrowdStrike valued at $243.34 billion, this $7.37 million transaction is routine portfolio rebalancing and represents an immaterial fraction of equity value.
- Ownership Concentration: Total post-transaction direct and indirect holdings remain small relative to the 1.02 billion shares outstanding.
- Dilution Impact: The accompanying award of 83 shares issued in lieu of director cash fees creates zero meaningful dilution.
- Transaction Significance: Low significance under standard materiality criteria (<0.1% market cap and shares outstanding).
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The sales volume represents less than 0.003% of total outstanding equity, which is easily absorbed by ordinary daily trading liquidity.
Volume & Sentiment
- Expected Volume Impact: Negligible
- Sentiment Indicator: Neutral
Additional Context
Transaction Notes
- Timing: Dispositions occurred on September 17, 2026, across two tranches ($245.88 and $246.55 weighted averages), followed by an RSU grant on September 18, 2026.
- Special Circumstances: The filing indicates no Rule 10b5-1 trading arrangement was adopted for these transactions.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.