Crowdstrike CEO George Kurtz sells $1.93m in company stock
CrowdStrike CEO George Kurtz divested $1.93 million worth of the company's stock on August 20, 2026. He traded 9,400 shares of Class A common stock, which fetched prices between $190.43 and $199.07 per share. The sale occurred under a Rule 10b-1 plan that Kurtz established on January 6, 2026. Currently, Kurtz holds 7,916,019 shares directly, including shares set to be issued upon the vesting of restricted stock units (RSUs).
Additionally, he indirectly owns 400,000 shares via the Kurtz Family Dynasty Trust. He disclaims ownership of these shares except for his financial interest. CrowdStrike is set to announce its Q2 fiscal 2027 earnings soon. Analysts have been vocal about the company's performance. KeyBanc elevated its price target to $240, while Scotiabank lowered it to $227.
Guggenheim maintains a Neutral stance, and Cantor Fitzgerald updated its price target to $250 following a 4-for-1 stock split. Meanwhile, CrowdStrike's CTO has left to establish an AI-focused cybersecurity fund.
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