Form 4: CCC Intelligent Solutions Executive Exercises Stock Options, Sells Shares to Cover Taxes
SEC Form 4 Filing
John Page Goodson, an executive at CCC Intelligent Solutions Holdings, exercised stock options and sold shares to cover tax obligations on July 30, 2024.
Summary
- On July 30, 2024, John Page Goodson, Executive Vice President, Chief Product and Technology Officer of CCC Intelligent Solutions Holdings Inc., exercised 21,875 Restricted Stock Units (RSUs) at a price of $11.03.
- Following the exercise, Goodson sold 9,615 shares of common stock at $11.03 to cover tax obligations.
- After these transactions, Goodson directly owns 133,452 shares of CCC Intelligent Solutions Holdings Inc.
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.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for investors to monitor.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the increased number of shares in the market.
Key Dates
| Date | Description |
|---|---|
| 07/30/2021 | Initial grant date of the Restricted Stock Units, with vesting occurring over four years. |
| 07/30/2024 | Date of transaction: exercise of RSUs and sale of shares. |
| 08/01/2024 | Date of signature on the Form 4 filing. |
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