CrowdStrike stock slips as CEO George Kurtz gets new performance award tied to $20B ARR goal
CrowdStrike Holdings disclosed a new performance-based equity award for Chief Executive George Kurtz that could deliver up to 600,000 shares if the stock outperforms most of the S&P 500 over the next three years, a filing showed. The cybersecurity firm said the award carries a 300,000-unit target and can pay out nothing if performance falls below a threshold tied to relative returns. CrowdStrike shares ended down 1.1% at $475.91. SEC+1
