Form 4: CCC Intelligent Solutions Executive Exercises Stock Options, Disposes of Shares

John Page Goodson, an executive at CCC Intelligent Solutions Holdings, exercised stock options and disposed of shares on March 6, 2025.

Summary

• On March 6, 2025, John Page Goodson, Executive Vice President, Chief Product and Technology Officer of CCC Intelligent Solutions Holdings Inc., engaged in transactions involving the company's stock.
• Goodson exercised restricted stock units (RSUs) granted in 2023 and 2024, converting them into common stock.
• Specifically, 31,673 RSUs from the 2023 grant and 25,316 RSUs from the 2024 grant were exercised.
• Following the exercise of these RSUs, Goodson disposed of 24,906 shares of common stock at a price of $9.35 per share.
• After these transactions, Goodson directly owns 176,054 shares of common stock and holds 128,343 unexercised RSUs granted in 2025.
• The RSUs represent a contingent right to receive common stock, cash, or a combination thereof, at the Issuer's discretion.
• The 2023 and 2024 RSUs vest in quarterly installments over four years, while the 2025 RSUs vest in annual installments over three years, contingent upon continued service to the Issuer.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions, with no inherent positive or negative sentiment. It reflects routine executive compensation activities.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives. It's common for executives to exercise stock options or RSUs and subsequently sell shares for personal financial management.

Comparison to Industry Standards

• Executive compensation packages often include stock options and RSUs to align management's interests with those of shareholders.
• Vesting schedules for RSUs, such as the quarterly or annual vesting described in the document, are standard practice in the industry.
• Form 4 filings are a regulatory requirement for publicly traded companies in the United States, ensuring transparency of insider transactions.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
• The transactions are part of the executive's compensation and do not directly impact employees, customers, suppliers, or creditors.

Key Dates