Form 4: CCC Intelligent Solutions Director William Ingram Reports Stock Transactions

Director William Ingram reports the acquisition and disposal of CCC Intelligent Solutions Holdings Inc. common stock and restricted stock units.

Summary

• William Ingram, a director of CCC Intelligent Solutions Holdings Inc., filed a Form 4 detailing changes in beneficial ownership.
• On May 23, 2024, Ingram acquired 26,519 shares of common stock at $11.67 per share and disposed of 54,047 shares.
• Ingram also acquired 23,565 Restricted Stock Units (RSUs) on the same date.
• These RSUs represent a contingent right to receive either one share of common stock, cash equal to the fair market value of the share, or a combination thereof.
• 26,519 RSUs were exercised on May 23, 2024.
• The RSUs vest on the earlier of May 25, 2024 (for the first grant) or May 23, 2025 (for the second grant) and the date of the next annual meeting of stockholders, contingent upon continued service to the Issuer.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, so the sentiment is neutral.

Future Outlook

The vesting of RSUs is contingent upon the Reporting Person's continued service to the Issuer.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions may provide information to shareholders regarding the views of a company insider on the stock's value.

Key Dates