Form 4: CCC Intelligent Solutions Executive Brian Herb Sells 70,204 Shares

Brian Herb, Executive Vice President, Chief Financial and Administrative Officer of CCC Intelligent Solutions Holdings Inc., sold 70,204 shares of common stock on April 1, 2024, at a weighted average price of $11.8349.

Summary

• On April 1, 2024, Brian Herb, an executive at CCC Intelligent Solutions Holdings Inc., sold 70,204 shares of the company's common stock.
• The sale was executed automatically under a pre-arranged Rule 10b5-1 trading plan adopted on November 29, 2023.
• The shares were sold at prices ranging from $11.7750 to $11.9900, with a weighted average price of $11.8349.
• Following the transaction, Brian Herb directly owns 217,872 shares of CCC Intelligent Solutions Holdings Inc.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an executive's stock sale. It doesn't inherently convey positive or negative sentiment about the company's performance.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's prospects. It is important to consider the overall context of executive compensation and trading activity when evaluating the significance of such transactions.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact given the relatively small number of shares sold.

Key Dates