CrowdStrike Announces Executive Compensation and Director Changes
Ticker: CRWD · Form: 8-K · Filed: 2025-02-20T00:00:00.000Z
Sentiment: neutral
Topics: executive-compensation, board-of-directors, employment-agreement
Related Tickers: CRWD
TL;DR
CrowdStrike updated exec pay & board, Kurtz's new employment agreement effective Feb 14, 2025.
AI Summary
CrowdStrike Holdings, Inc. announced on February 14, 2025, changes in its executive and director compensation arrangements. Specifically, the company entered into a new employment agreement with its Chief Executive Officer, George Kurtz, effective February 14, 2025. The filing also details compensatory arrangements for other named executive officers and discusses the election of new directors.
Why It Matters
This filing provides insight into the compensation structure and leadership changes at CrowdStrike, which can influence investor confidence and the company's strategic direction.
Risk Assessment
Risk Level: low — The filing primarily concerns executive compensation and director appointments, which are standard corporate governance matters and do not indicate immediate financial distress or operational risk.
Key Players & Entities
- CrowdStrike Holdings, Inc. (company) — Registrant
- George Kurtz (person) — Chief Executive Officer
- February 14, 2025 (date) — Effective date of CEO employment agreement
FAQ
What is the effective date of the new employment agreement for George Kurtz?
The new employment agreement for George Kurtz is effective February 14, 2025.
What specific items are covered under the compensatory arrangements mentioned in the filing?
The filing covers compensatory arrangements for certain officers, including the Chief Executive Officer, and discusses the election of directors.
Who is identified as the Chief Executive Officer of CrowdStrike Holdings, Inc. in this filing?
George Kurtz is identified as the Chief Executive Officer of CrowdStrike Holdings, Inc.
What is the principal executive office address for CrowdStrike Holdings, Inc.?
The address of the principal executive office is 206 E. 9th Street, Suite 1400, Austin, Texas 78701.
What is the date of the earliest event reported in this Form 8-K?
The date of the earliest event reported is February 14, 2025.
From the Filing
0001104659-25-015279.txt : 20250220 0001104659-25-015279.hdr.sgml : 20250220 20250219184512 ACCESSION NUMBER: 0001104659-25-015279 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250214 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20250220 DATE AS OF CHANGE: 20250219 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CrowdStrike Holdings, Inc. CENTRAL INDEX KEY: 0001535527 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 453788918 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38933 FILM NUMBER: 25642410 BUSINESS ADDRESS: STREET 1: 206 E. 9TH STREET STREET 2: SUITE 1400 CITY: AUSTIN STATE: TX ZIP: 78701 BUSINESS PHONE: 888-512-8906 MAIL ADDRESS: STREET 1: 206 E. 9TH STREET STREET 2: SUITE 1400 CITY: AUSTIN STATE: TX ZIP: 78701 8-K 1 tm257102d1_8k.htm FORM 8-K false 0001535527 0001535527 2025-02-14 2025-02-14 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549          FORM 8-K       CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): February 14, 2025       CrowdStrike Holdings, Inc. (Exact name of registrant as specified in its charter)       Delaware 001-38933 45-3788918 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)   206 E. 9th Street Suite 1400 Austin , Texas 78701 (Address of principal executive office, including zip code)   Registrant’s telephone number, including area code: ( 888 ) 512-8906   Not Applicable (Former name or former address, if changed since last report)       Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ¨     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ¨     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ¨     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ¨     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Class A common stock, $0.0005 par value   CRWD   The Nasdaq Stock Market LLC   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).   Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨             Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.   (b)   On February 14, 2025, CrowdStrike Holdings, Inc. (the “Company”) and Shawn Henry, the Company’s current Chief Security Officer and a named execu