Form 4: CCC Intelligent Solutions Executive Brian Herb Reports Stock Transactions
SEC Form 4 Filing
Brian Herb, EVP, Chief Financial and Administrative Officer of CCC Intelligent Solutions Holdings Inc., reports the acquisition and disposal of common stock related to performance restricted stock units.
Summary
- On March 1, 2024, Brian Herb, EVP, Chief Financial and Administrative Officer of CCC Intelligent Solutions Holdings Inc., reported transactions involving the company's common stock.
- Herb acquired 103,335 shares of common stock upon the settlement of Performance Restricted Stock Units (PRSUs) granted on October 21, 2021, at a price of $0.
- Concurrently, Herb disposed of 33,131 shares to cover tax obligations at a price of $11.66 per share.
- Following these transactions, Herb directly owns 288,076 shares of CCC Intelligent Solutions Holdings Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but it's primarily related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 10/21/2021 | Date of grant for Performance Restricted Stock Units. |
| 03/01/2024 | Date of stock acquisition and disposal. |
| 03/05/2024 | Date of Form 4 filing. |
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.