Form 4: CCC Intelligent Solutions Executive Rodney Christo Reports Stock Transactions
SEC Form 4 Filing
Rodney Christo, Chief Accounting Officer of CCC Intelligent Solutions Holdings Inc., reports the vesting and sale of common stock and restricted stock units.
Summary
- Rodney Christo, the Chief Accounting Officer of CCC Intelligent Solutions Holdings Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 24, 2025, 8,270 shares of common stock were acquired through the vesting of Restricted Stock Units (RSUs).
- Also on March 24, 2025, 2,424 shares were disposed of to cover tax obligations at a price of $9.15 per share.
- On March 25, 2025, 5,846 shares of common stock were sold at a price of $9.15 per share.
- These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 16, 2024.
- Following these transactions, Christo directly owns 0 shares of common stock and indirectly owns 135,642 shares through a trust.
- Christo also directly owns 8,271 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by an officer, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the officer's stock sales, but the overall impact is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 2022-03-23 | Grant date of Restricted Stock Units (RSUs) which vest over four years. |
| 2024-08-16 | Date of adoption of Rule 10b5-1 trading plan. |
| 2025-03-24 | Vesting of 8,270 shares of common stock from Restricted Stock Units and disposal of 2,424 shares for tax obligations. |
| 2025-03-25 | Sale of 5,846 shares of common stock. |
Keywords
Form 4, CCC Intelligent Solutions Holdings Inc., Rodney Christo, Chief Accounting Officer, Stock Transactions, Restricted Stock Units, Rule 10b5-1 Trading Plan, Beneficial Ownership
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