CrowdStrike Officer Burt Podbere Files to Sell $125.5M in Stock
CRWD has more than doubled off its 52-week low of $85.68.
Summary
CrowdStrike officer Burt Podbere filed to sell 480,000 shares worth about $125.5 million under a pre-arranged 10b5-1 plan, adding to a pattern of insider selling.
Key Events · Ownership and Investor Activity · CRWD
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Officer Files $125.5M Sale
Burt Podbere filed a Form 144 to sell 480,000 shares worth approximately $125.5 million, with sale date 09/24/2026.
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10b5-1 Plan Adoption
The sale is under a pre-arranged 10b5-1 trading plan adopted on 06/24/2026, reducing opportunistic selling concerns.
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Insider Selling Pattern
This follows CEO George Kurtz's $132.4 million Form 144 in July and net insider selling of $218.9 million over 90 days.
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Recent Sale History
Podbere sold 41,504 shares for $9.55 million in the past 3 months, including 33,882 shares on 09/22/2026.
Analysis · CRWD · Technology
Burt Podbere, an officer of CrowdStrike, filed a Form 144 to sell 480,000 shares worth approximately $125.5 million. This follows a pattern of insider selling at CrowdStrike, with the CEO having filed a $132.4 million Form 144 in July. The sale is part of a pre-arranged 10b5-1 trading plan adopted on June 24, 2026, which reduces the signal of opportunistic selling. However, the size of the sale is significant and adds to the ongoing distribution by insiders, with net insider selling of $218.9 million over the past 90 days.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1645 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CRWD was trading at $258.75 on NASDAQ in the Technology sector, with a market capitalization of approximately $265.9B. The 52-week trading range was $85.68 to $263.87. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.