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Cybersecurity Leader 'CrowdStrike' Director Sells $8 Million in Shares

Sameer K. Gandhi, a director at cybersecurity firm CrowdStrike Holdings, Inc. (Nasdaq: CRWD), sold roughly 13,000 shares of Class A common stock on the open market on May 20 under a pre-established Rule 10b5-1 trading plan.

Cybersecurity

The shares traded at about $625 to $647 each, generating proceeds of approximately $8.37 million (around ₩11 billion). Even after the sale, Gandhi continues to hold over 700,000 shares through related investment funds, and his disclosure states he disclaims beneficial ownership except to the extent of his economic interest.

Around the same time, CEO George Kurtz disclosed sales of company stock totaling about $2.97 million (roughly ₩4 billion) over May 18–19, indicating ongoing insider selling by executives.

CrowdStrike, headquartered in Austin, Texas, is a cloud-based cybersecurity provider offering its subscription-based Falcon platform to protect enterprise endpoints and cloud workloads worldwide. Sameer K. Gandhi is a partner at Silicon Valley venture capital firm Accel and serves on CrowdStrike’s board of directors, having backed numerous global tech companies from their early stages.

Source: SEC 4 Filing

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Cybersecurity Leader 'CrowdStrike' Director Sells $8 Million in Shares