Form 4: CCC Intelligent Solutions Executive Exercises Stock Options, Disposes of Shares
SEC Form 4 Filing
Marc Fredman, SVP and Chief Strategy Officer of CCC Intelligent Solutions Holdings, executed stock options and disposed of shares to cover tax obligations.
Summary
- On March 24, 2025, Marc Fredman, SVP, Chief Strategy Officer of CCC Intelligent Solutions Holdings Inc., exercised 17,722 Restricted Stock Units (RSUs) which converted into common stock.
- Fredman then disposed of 7,851 shares of common stock at a price of $9.15 to satisfy tax obligations related to the RSU vesting.
- Following these transactions, Fredman directly owns 272,280 shares of CCCS common stock and 17,723 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/23/2022 | Date of grant for Restricted Stock Units (RSUs). |
| 03/24/2025 | Date of transaction: exercise of RSUs and disposal of shares. |
| 03/25/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, CCC Intelligent Solutions Holdings, CCCS, Marc Fredman, SVP, Chief Strategy Officer, Stock Options, Restricted Stock Units, RSU, Beneficial Ownership, Insider Trading
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