Form 4: CCC Intelligent Solutions Executive Brian Herb Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Brian Herb, Executive Vice President, Chief Financial and Administrative Officer of CCC Intelligent Solutions Holdings Inc., reports transactions involving restricted stock units and common stock.

Summary

  • On March 6, 2025, Brian Herb, an executive at CCC Intelligent Solutions Holdings Inc., engaged in transactions involving the company's stock.
  • Herb acquired 42,230 shares of common stock through the vesting of restricted stock units (RSUs) granted on March 6, 2023.
  • He also acquired 33,755 shares of common stock through the vesting of RSUs granted on March 6, 2024.
  • Additionally, Herb disposed of 33,662 shares of common stock at a price of $9.35 per share.
  • Following these transactions, Herb directly owns 341,290 shares of common stock.
  • He also holds 84,460 RSUs from the 2023 grant, 101,267 RSUs from the 2024 grant, and 171,123 RSUs from the 2025 grant.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock transactions by an executive, with no inherently positive or negative implications for the company's performance.

Future Outlook

The reporting person holds a significant number of unvested RSUs that will vest over the next few years, subject to continued service.

Industry Context

Form 4 filings are routine disclosures that provide transparency into the trading activities of company insiders, which can be informative for investors.

Comparison to Industry Standards

  • Executive compensation packages often include restricted stock units (RSUs) that vest over time, aligning executive incentives with long-term shareholder value.
  • The vesting schedules of the RSUs (25% annually for the 2023 and 2024 grants, and 33.33% annually for the 2025 grant) are typical for such equity compensation plans.
  • Comparing the size of the RSU grants and stock holdings to those of executives at comparable companies (e.g., Guidewire Software, Duck Creek Technologies) could provide further context.

Stakeholder Impact

  • The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
  • The vesting of RSUs incentivizes the executive to remain with the company and contribute to its long-term success.

Key Dates

DateDescription
03/06/2023Grant date of 2023 Restricted Stock Units (RSUs)
03/06/2024Grant date of 2024 Restricted Stock Units (RSUs)
03/06/2025Date of stock transactions and grant date of 2025 Restricted Stock Units (RSUs)
03/10/2025Date of Form 4 filing

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