Form 4: CCC Intelligent Solutions CFO Brian Herb Exercises RSUs, Acquires Shares
Insider Transaction Report
Brian Herb, CFO of CCC Intelligent Solutions Holdings Inc., acquired 37,500 shares of common stock through the exercise of Restricted Stock Units and subsequently disposed of 16,613 shares for tax withholding purposes.
Summary
- Brian Herb, Executive Vice President, Chief Financial and Administrative Officer of CCC Intelligent Solutions Holdings Inc. (CCCS), acquired 37,500 shares of common stock.
- This acquisition resulted from the exercise of Restricted Stock Units (RSUs) on July 30, 2025.
- The RSUs had a conversion price of $0, indicating they were granted equity that vested.
- Following the acquisition, Mr. Herb directly owned 394,232 shares of common stock.
- Concurrently, Mr. Herb disposed of 16,613 shares of common stock at a price of $9.78 per share.
- This disposition was for the payment of tax liability related to the RSU vesting and exercise.
- After both transactions, Mr. Herb's direct beneficial ownership stands at 377,619 shares of common stock.
- The RSUs vest 25% annually on the first four anniversaries of July 30, 2021, contingent on continued service.
Sentiment
Score: 7
Explanation: The filing indicates a routine insider transaction where the CFO acquired shares through RSU vesting, demonstrating continued alignment with shareholder interests. The subsequent sale for tax purposes is standard practice and does not necessarily indicate a lack of confidence.
Positives
- An insider (CFO) is acquiring shares, which can be seen as a sign of confidence in the company's future.
- The acquisition is due to the vesting of previously granted equity, indicating long-term retention and alignment of management interests with shareholders.
Negatives
- A portion of the acquired shares (16,613 shares) were immediately sold to cover tax obligations, which is a common practice but reduces the net increase in insider holdings.
Stakeholder Impact
- Shareholders may view the CFO's acquisition of shares through RSU vesting as a positive signal of management's continued commitment and belief in the company's long-term prospects.
Key Dates
| Date | Description |
|---|---|
| 07/30/2021 | Grant date for Restricted Stock Units (RSUs) from which 25% vest annually. |
| 07/30/2025 | Date of RSU vesting and subsequent acquisition and disposition of common stock. |
| 07/31/2025 | Date the Form 4 was signed by Attorney-in-Fact for Brian Herb. |
Recommendation
holdThis Form 4 filing details a routine insider transaction involving the vesting of Restricted Stock Units (RSUs) for the Chief Financial Officer, Brian Herb. While the acquisition of shares by an an insider is generally a positive signal, the concurrent sale of a portion of these shares to cover tax obligations is a standard practice and does not indicate a change in the company's fundamental outlook or the insider's confidence. The transaction itself does not provide new information that would warrant a change in investment thesis, thus a 'hold' recommendation is appropriate.
Keywords
CCC Intelligent Solutions Holdings Inc., CCCS, Brian Herb, Form 4, SEC filing, insider trading, Restricted Stock Units, RSU, stock acquisition, tax withholding, CFO, executive compensation
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