CrowdStrike Director Gerhard Watzinger Receives 126 Shares in Retainer
CrowdStrike Holdings, Inc.
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Filing Summary
CrowdStrike Director Receives Quarterly Retainer Shares
Company: CrowdStrike Holdings, Inc. (CRWD)
Form: 4 | Filed: 2026-09-22
Significance: Low
Insider: Gerhard Watzinger Title: Director | Relationship: Director
Transaction: • Type: Grant (RSU Conversion) • Shares: 126 • Price: $0.00 • Value: $0.00 • Owned After (Direct): 34,242
Key Insight: Routine issuance of 126 fully vested RSUs in lieu of quarterly board cash retainer fees under the Outside Director Compensation Policy.
Market Context: Minimal dilution with no open-market activity for the $243B market cap cybersecurity leader.
Comprehensive Analysis
SEC Filing Analysis: CrowdStrike Holdings, Inc. (CRWD)
Executive Summary
- Trading Significance: Low
- Key Takeaway: Director Gerhard Watzinger acquired 126 shares of Class A Common Stock as fully vested RSUs issued in lieu of a quarterly cash retainer.
- Market Impact: Negligible; the transaction represents routine equity-based board compensation with zero market impact.
Company Information
| Field | Value |
|---|---|
| Company | CrowdStrike Holdings, Inc. |
| Ticker Symbol | CRWD |
| CIK | 0001535527 |
| Industry | Prepackaged Software |
Insider Information
| Field | Value |
|---|---|
| Name | Gerhard Watzinger |
| CIK | 0001445832 |
| Title/Position | Director |
| Relationship | Director |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2026-09-18 |
| Transaction Code | A (Award/Grant) |
| Security Type | Class A common stock |
| Shares Involved | 126 |
| Price Per Share | $0.00 |
| Total Value | $0.00 |
| Shares Owned After | 34,242 (Direct) |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $0.00 |
| % of Market Cap | 0.0000% |
| Shares Transacted | 126 |
| % of Shares Outstanding | 0.000012% |
| Post-Transaction Ownership | 34,242 direct shares (0.0034% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: Against CrowdStrike's $243.34 billion market capitalization, a 126-share award is immaterial.
- Ownership Concentration: Watzinger directly holds 34,242 shares, with additional indirect holdings across Clavius Capital LLC (9,564 shares), spouse (28,000 shares), and Clavius AP, LLC (118,000 shares), bringing total beneficial interest to approximately 189,806 shares (~0.019% of shares outstanding).
- Dilution Impact: Dilution from 126 newly vested shares is mathematically negligible relative to the 1.02 billion shares outstanding.
Market Impact Analysis
- Direction: Neutral
- Reasoning: Standard administrative equity compensation in lieu of cash retainers does not reflect opportunistic trading or directional insider conviction.
- Expected Volume Impact: None
- Sentiment Indicator: Neutral
Additional Context
- Special Circumstances: The award represents fully vested RSUs issued in lieu of quarterly cash retainers pursuant to CrowdStrike's Outside Director Compensation Policy.
- 10b5-1 Plan: Not applicable (aff10b5One indicates 0).
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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.
