'CrowdStrike' Major Shareholder Sells Stake Worth 10 Billion Won

CrowdStrike Holdings, Inc. (NASDAQ: CRWD) disclosed that on May 20 and June 1, through Potomac Investments L.P. – Fund 1, in which board member Sameer K. Gandhi is involved, it executed a 10b5-1 trading plan to sell portions of its Class A common shares in the open market, raising approximately $12.5 million (about KRW 17 billion). The sales took place in multiple tranches at prices ranging from roughly $626 to $767 per share. After these transactions, Gandhi’s fund still indirectly holds CrowdStrike shares valued at several hundred billion KRW.

In its filing, Gandhi reiterated that, aside from the economic benefits, he does not recognize any substantive ownership of these indirectly held shares.

Recently, CrowdStrike’s stock reached a 52-week high of $774.93 on June 1, driven by analysts’ upward revisions to price targets and strong expectations for AI-powered security demand. The company is also expanding its strategic partnership with Cognizant to extend its Falcon platform across AI data pipelines and cloud environments.

Based in California, CrowdStrike is a cloud-native cybersecurity firm whose Falcon platform unifies endpoint and cloud workload defense. For fiscal 2026, the company is on track to generate approximately $4.8 billion in annual revenue (around KRW 6 trillion).

Sameer K. Gandhi is a partner at venture capital firm Accel and a member of CrowdStrike’s board. He is known as a long-term financial investor in the company, holding shares through Accel funds and family trusts.