Form 4: CCC Intelligent Solutions Director Eileen Schloss Reports Stock Transactions
SEC Form 4 Filing
Director Eileen Schloss of CCC Intelligent Solutions Holdings Inc. reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On May 23, 2024, Eileen Schloss, a director of CCC Intelligent Solutions Holdings Inc., reported transactions involving the company's stock.
- Schloss disposed of 26,519 shares of common stock at a price of $11.67.
- Following the transaction, Schloss directly owns 153,972 shares of common stock.
- Schloss also reported the exercise of 26,519 Restricted Stock Units (RSUs) and the acquisition of 23,565 new RSUs.
- The exercised RSUs were settled for common stock.
- The new RSUs vest on the earlier of May 23, 2025, or the date of the next annual meeting, contingent upon continued service.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, and does not inherently convey positive or negative sentiment.
Future Outlook
The new RSUs vest on the earlier of May 23, 2025, or the date of the next annual meeting of stockholders, subject to continued service.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by SEC regulations. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
- The vesting of RSUs incentivizes the director to continue providing service to the Issuer.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of stock transactions (disposal of shares and exercise/grant of RSUs). |
| 05/23/2025 | Vesting date for new RSUs (or earlier date of next annual meeting). |
| 05/24/2024 | Date of signature for the Form 4 filing. |
| May 25, 2024 | Earlier vesting date for existing RSUs. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.