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Crowdstrike CEO George Kurtz sells $4.4m in company stock

Crowdstrike CEO George Kurtz sells $4.4m in company stock

CrowdStrike CEO George Kurtz divested $4.4 million worth of company stock over two transactions on September 11 and September 14, 2026. The shares were sold at prices between $205.13 and $238.75 per share, totaling 21,100 shares of Class A common stock. This move coincided with CrowdStrike's stock trading near its 52-week high of $244, marking an impressive 118% return over the past year.

The transactions were made under a 10b-1 plan adopted in January 2026. Currently, Kurtz directly owns 7,756,019 shares, including shares from the vesting of restricted stock units, and indirectly holds 400,000 shares through the Kurtz Family Dynasty Trust. Despite the reported sale, experts have noted that CrowdStrike may be overvalued based on current market conditions.

CrowdStrike reported strong financial performance in its fiscal second quarter of 2027, with a 25% year-over-year growth in annual recurring revenue and a significant increase in new ARR. Analysts have expressed optimism about the company's future, with several firms raising price targets and highlighting CrowdStrike's role in the cybersecurity landscape.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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