Form 4: CCC Intelligent Solutions Executive Brian Herb Reports Stock Transactions
SEC Form 4 Filing
Brian Herb, Executive Vice President, Chief Financial and Administrative Officer of CCC Intelligent Solutions Holdings Inc., reports acquisition and disposal of common stock related to performance restricted stock units.
Summary
- On February 27, 2025, Brian Herb, an executive at CCC Intelligent Solutions Holdings Inc., reported transactions involving the company's common stock.
- Herb acquired 60,689 shares of common stock as settlement of Performance Restricted Stock Units granted on February 25, 2022.
- He also acquired 75,000 shares upon settlement of Performance Restricted Stock Units granted on October 21, 2021.
- Simultaneously, Herb disposed of 45,994 shares at a price of $10.43 per share.
- Following these transactions, Herb directly owns 298,967 shares of CCC Intelligent Solutions Holdings Inc.
- The transactions also involved derivative securities, specifically Performance Restricted Stock Units, with 75,000 units settled.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| February 25, 2022 | Date of grant for Performance Restricted Stock Units settled on February 27, 2025. |
| October 21, 2021 | Date of grant for Performance Restricted Stock Units settled on February 27, 2025. |
| 02/27/2025 | Date of stock acquisition and disposal transactions. |
| 03/03/2025 | Date of signature on the Form 4 filing. |
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