Form 4: CCC Intelligent Solutions Director Converts RSUs, Receives New Equity Grant

William Ingram, a Director at CCC Intelligent Solutions Holdings Inc., converted 23,565 Restricted Stock Units into common stock and was granted an additional 31,250 RSUs, increasing his beneficial ownership.

Summary

• William Ingram, a Director of CCC Intelligent Solutions Holdings Inc. (CCCS), converted 23,565 Restricted Stock Units (RSUs) into common stock on May 22, 2025.
• Following this conversion, Mr. Ingram's direct beneficial ownership of CCCS common stock increased to 77,612 shares.
• On the same date, Mr. Ingram was granted an additional 31,250 new Restricted Stock Units.
• These newly granted RSUs will vest on the earlier of May 22, 2026, or the date of the next annual meeting of stockholders, contingent on his continued service to the Issuer.
• Both the converted and newly granted RSUs represent a contingent right to receive either one share of Common Stock, an equivalent amount of cash, or a combination thereof, at the Issuer's discretion.

Sentiment

Score: 7

Explanation: The filing indicates routine equity compensation for a director, including the vesting of existing awards and the grant of new ones. This is generally positive as it aligns director interests with shareholders and is a standard practice, reflecting ongoing commitment and retention.

Positives

• Increased direct beneficial ownership of common stock by a director, from the conversion of 23,565 Restricted Stock Units.
• Grant of 31,250 new Restricted Stock Units to a director, aligning management incentives with shareholder interests.

Future Outlook

The newly granted Restricted Stock Units (RSUs) are set to vest on the earlier of May 22, 2026, or the next annual meeting of stockholders, contingent on the director's continued service, indicating a future alignment of incentives.

Industry Context

This transaction is a routine insider compensation event, common across industries for retaining and incentivizing key management and directors through equity awards. It reflects standard corporate governance practices for aligning executive interests with long-term company performance.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) as a form of executive and director compensation is a widely adopted practice across various industries, including the software and technology sectors where CCC Intelligent Solutions operates.
• This method is comparable to compensation structures seen in companies like Guidewire Software (GWRE) or Verisk Analytics (VRSK), which also utilize equity grants to incentivize long-term commitment and performance.
• The vesting schedules, tied to continued service and future dates, are typical for such awards, aiming to retain talent and align their financial interests with shareholder value creation over time.

Stakeholder Impact

• Shareholders: The conversion of RSUs into common stock and the grant of new RSUs to a director can be viewed positively as it increases insider ownership and aligns management incentives with shareholder value creation.
• Employees: The equity compensation structure for directors may reflect broader company policies regarding employee equity incentives, potentially signaling a commitment to performance-based compensation.

Next Steps

• The newly granted 31,250 Restricted Stock Units are expected to vest on the earlier of May 22, 2026, or the date of the next annual meeting of stockholders, subject to William Ingram's continued service.

Key Dates

Recommendation

Keywords

CCC Intelligent Solutions Holdings Inc., CCCS, Form 4, SEC filing, insider transaction, Restricted Stock Units, RSU conversion, equity grant, director compensation, beneficial ownership