Form 4: CCC Intelligent Solutions Director Eileen Schloss Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Eileen Schloss, a director at CCC Intelligent Solutions Holdings Inc., sold 99,925 shares of common stock on August 5, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On August 5, 2024, Eileen Schloss, a director of CCC Intelligent Solutions Holdings Inc. (CCCS), sold 99,925 shares of common stock.
- The sale was executed automatically under a Rule 10b5-1 trading plan adopted on May 3, 2024.
- The shares were sold at a weighted average price of $9.887, with individual transactions ranging from $9.7898 to $9.9850.
- Following the transaction, Schloss directly owns 54,047 shares of CCCS common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding a stock sale by a company director under a pre-arranged trading plan, indicating a neutral sentiment.
Industry Context
This is a routine disclosure of a stock sale by a company insider, which is common and legal as long as it complies with SEC regulations, such as Rule 10b5-1.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder sentiment, but the pre-arranged nature of the sale mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| May 3, 2024 | Date the Reporting Person adopted a Rule 10b5-1 trading plan |
| August 5, 2024 | Date of the transaction (sale of common stock) |
| August 7, 2024 | Date of the report |
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