CrowdStrike stock slides as insider sale filings hit the tape ahead of earnings
CrowdStrike shares fell 1.8% to $414.00 Wednesday after CEO George Kurtz and CFO Burt Podbere disclosed stock sales tied to vested RSUs, according to SEC filings. Kurtz sold 6,777 shares and filed to sell more, while Podbere sold 1,630 shares. The moves come as investors await CrowdStrike’s quarterly report due March 3. Broader tech stocks showed mixed performance amid ongoing concerns over AI’s impact on software.