AI brief of an SEC Form 8-K · CrowdStrike (CRWD)

CrowdStrike grants President Michael Sentonas performance stock unit award

Neutral Impact 3 of 5 leadership Written later

On April 16, 2026, CrowdStrike's board approved a performance-based equity award to President Michael Sentonas with a target of 100,000 performance stock units (PSUs). The number of shares he can receive depends on the company's three-year total stockholder return relative to S&P 500 companies, ranging from zero to 200,000 shares, so the award's value to shareholders depends on future stock performance.

Key points

  • Target award is 100,000 PSUs, with payouts from 0% to 200% of target based on relative total stockholder return.
  • Performance period runs from December 22, 2025 to December 22, 2028; earned PSUs vest 25% each on March 20, June 20, September 20 and December 20, 2029.
  • Payout is 50% of target at the 25th percentile and 200% at the 90th percentile or above; below the 25th percentile pays nothing.
  • The company cites fiscal 2026 revenue of $4.81 billion and ending ARR of $5.25 billion, and a long-term ambition of $20 billion in ending ARR.

The filing

CompanyCrowdStrike (CRWD)
Form8-K, current report
Filed with the SECApr 20, 2026, 6:53 PM ET
Accession number0001535527-26-000018

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:16 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 20, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.