Form 4: CCC Intelligent Solutions Director Eileen Schloss Exercises RSUs and Receives New Grant
Insider Transaction Report
Eileen Schloss, a Director at CCC Intelligent Solutions Holdings Inc., reported the exercise of 23,565 Restricted Stock Units (RSUs) into common stock and the simultaneous grant of 31,250 new RSUs.
Summary
- Eileen Schloss, a Director of CCC Intelligent Solutions Holdings Inc. (CCCS), reported transactions involving company securities on May 22, 2025.
- She exercised 23,565 Restricted Stock Units (RSUs) at a price of $0, converting them into 23,565 shares of Common Stock.
- Following this transaction, her direct beneficial ownership of Common Stock increased to 50,134 shares.
- Concurrently, Ms. Schloss was granted 31,250 new Restricted Stock Units (RSUs) at a price of $0.
- These newly granted RSUs will vest on the earlier of May 22, 2026, or the date of the next annual meeting of stockholders, subject to her continued service.
- The RSUs represent a contingent right to receive either one share of Common Stock, an equivalent amount in cash, or a combination thereof, at the Issuer's discretion.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. It's a routine compensation disclosure for a director, indicating continued service and alignment of interests through equity grants. There are no negative implications or significant surprises.
Positives
- The grant of new Restricted Stock Units (RSUs) to Director Eileen Schloss indicates continued alignment of management incentives with shareholder interests, as vesting is tied to continued service.
- The exercise of RSUs into common stock demonstrates a director's commitment to holding company equity.
Negatives
- No specific negative aspects are identified in this routine compensation and ownership disclosure.
Future Outlook
The document does not provide a future outlook beyond the vesting schedules for the granted Restricted Stock Units, which extend to May 22, 2026, or the next annual meeting.
Industry Context
This Form 4 filing is a standard disclosure of insider transactions, common across all publicly traded companies. It reflects routine compensation practices for directors, aligning their interests with long-term company performance through equity grants.
Related Party Transactions
- The transactions involve a director of the company, Eileen Schloss, exercising and receiving equity awards, which are considered related party transactions as they involve an insider of the issuer.
Stakeholder Impact
- Shareholders: The grant of RSUs to a director aligns their interests with long-term shareholder value creation, as the value of the RSUs is tied to the company's stock performance.
- Employees: While not directly impacting all employees, such compensation structures for leadership can set a precedent for performance-based incentives within the company.
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 continued service.
Key Dates
| Date | Description |
|---|---|
| 05/22/2025 | Date of transaction for both RSU exercise and new RSU grant. |
| 05/23/2025 | Earliest vesting date for the 23,565 RSUs that were exercised, or the date of the next annual meeting of stockholders. |
| 05/27/2025 | Date the Form 4 was signed by Kevin Kane as Attorney-in-Fact for Eileen Schloss. |
| 05/22/2026 | Earliest vesting date for the newly granted 31,250 RSUs, or the date of the next annual meeting of stockholders. |
Keywords
CCC Intelligent Solutions, CCCS, SEC Form 4, Restricted Stock Units, RSU, Insider Transaction, Director Compensation, Equity Grant, Stock Ownership
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