The CFO's $4.74M open-market sale without a 10b5-1 plan is the most concerning signal — it is large relative to his position and not routine. Monitor for any subsequent 8-K filings or earnings pre-announcements that could explain the selling. If the stock breaks below $250 support, selling pressure could accelerate.
Price Chart
Executive Summary
CEO George Kurtz and CFO Burt Podbere sold a combined $4.88M in open-market stock over a one-week window. The CEO's sales were spread across multiple days and prices, while the CFO's single large sale of $4.74M dominates the cluster. This is material insider selling at a cybersecurity company with no disclosed 10b5-1 plan for the CFO's trade, signaling potential concern about near-term valuation or fundamentals.
Key Financial Metrics
Key Facts
- CEO George Kurtz sold 842 to 3,530 shares per day across 18 open-market trades on Sep 28-29, totaling ~$4.88M
- CFO Burt Podbere sold 18,000 shares on Sep 24 at $263.51 for $4.74M — a single large open-market sale
- Total insider selling of $4.88M represents approximately 0.02% of CRWD's ~$24B market cap (based on ~$260 share price and ~93M shares outstanding)
- No 10b5-1 trading plan was indicated for the CFO's sale, making it a discretionary open-market disposition
Financial Impact
CEO sold ~$140K on Sep 30; CFO sold $4.74M on Sep 24; total cluster $4.88M
Risk Factors
- Insider selling may be misinterpreted as a negative signal even if driven by personal diversification or tax planning
- The CEO's sales were smaller and spread across multiple trades, which could be part of a pre-arranged plan not disclosed in the filing
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CRWD-1790980529670 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | Insider Cluster | $258.40 | awaiting T+5 | — | $261.83 (−1.33%) |
Oct 21, 2026 5d ago | Insider Cluster | $237.94 | awaiting T+5 | — | $261.83 (+10.04%) |
Oct 19, 2026 7d ago | 144 | $227.37 | awaiting T+5 | — | $261.83 (−15.16%) |
Oct 16, 2026 10d ago | Institutional Cluster | $227.39 $257.57 | ▲ +13.27% | ▲ +13.70% | $261.83 (+15.15%) |
Oct 13, 2026 13d ago | Insider Cluster | $249.29 $239.34 | ▲ +3.99% | ▲ +4.44% | $261.83 (−5.03%) |
Oct 5, 2026 21d ago | Insider Cluster | $278.86 $261.21 | ▲ +6.33% | ▲ +6.19% | $261.83 (+6.11%) |
Oct 2, 2026 24d ago | Insider Cluster | $272.67 $263.01 | ▲ +3.54% | ▲ +3.96% | $261.83 (+3.98%) |
Oct 1, 2026 25d ago | 144 | $270.04 $275.04 | ▲ +1.85% | ▲ +0.69% | $261.83 (−3.04%) |
Sep 30, 2026 26d ago | Insider Cluster | $266.09 $263.01 | ▲ +1.16% | ▲ +2.46% | $261.83 (+1.60%) |
Sep 28, 2026 28d ago | Insider Cluster | $262.74 $278.86 | ▼ −6.14% | ▼ −4.19% | $261.83 (+0.35%) |
US Market Status
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