CrowdStrike Holdings, Inc. ( CRWD ) shares are trading lower on Thursday.

In an exchange filing, the company revealed that Shawn Henry, its Chief Security Officer and a named executive officer, will retire from his current role as of March 31, 2025.

A mutual agreement between the parties were reached on February 14, according to the filing. Henry will transition to a new role as Executive Advisor to the CEO, focusing on cybersecurity advocacy and resilience.

As part of this transition, Henry will no longer participate in the company’s Corporate Incentive Plan or Leadership Incentive Plan, with the compensation changes taking effect on March 31.

According to a regulatory filing, Henry sold about $1.8 million worth of company shares on February 18, 2025.

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CrowdStrike ( CRWD ) recently unveiled its latest AI innovation, Charlotte AI Detection Triage.

This breakthrough in agentic AI-driven security offers over 98% accuracy in triaging security detections, helping reduce manual labor by more than 40 hours per week. Charlotte AI combines AI power with human expertise, continually improving security outcomes through a closed-loop feedback process when integrated with CrowdStrike’s Falcon platform.

CrowdStrike ( CRWD ) is set to report its fourth-quarter financial results on March 4, with analysts expecting earnings of 85 cents per share and revenue of $1.03 billion.

According to Benzinga Pro, CRWD stock has gained over 31% in the past year. Investors can gain exposure to the stock via TrueShares Technology, AI & Deep Learning ETF ( LRNZ ) .

Price Action: CRWD shares are trading lower by 6.01% to $422.35 at last check Thursday.

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