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SEC filingCrowdStrike's Board approved a performance-based equity award of up to 200,000 PSUs to President Michael Sentonas, tied to three-year TSR outperformance versus S&P 500 peers, to align with long-term growth to $20B ARR.
The PSU award to President Michael Sentonas directly ties his compensation to CrowdStrike's relative TSR performance against S&P 500 companies, ensuring payout only for outperformance with zero award below 25th percentile threshold. This at-risk structure reinforces retention through a four-year total commitment and aligns executive incentives with stockholder returns amid ambitions for $20B ARR. Sentonas's track record includes driving revenue from $3.06B in FY2024 to $4.81B in FY2026, ARR from $3.44B to $5.25B, and expansions into high-growth cybersecurity markets via strategic M&A like Pangea, Onum, SGNL, and Seraphic Security. Change in control provisions measure TSR at transaction date with full vesting on qualifying terminations, while other terminations offer pro-rata based on actual performance, emphasizing sustained execution over short-term results.