Form 4: CCC Intelligent Solutions Executive VP Michael John Silva Sells Shares

Michael John Silva, Executive Vice President at CCC Intelligent Solutions Holdings Inc., sold 29,022 shares of common stock at an average price of $10.7539 on August 21, 2024.

Summary

• On August 21, 2024, Michael John Silva, an Executive Vice President at CCC Intelligent Solutions Holdings Inc. (CCCS), sold 29,022 shares of the company's common stock.
• The sale was executed at a weighted average price of $10.7539 per share.
• The prices for individual transactions ranged from $10.7400 to $10.7550.
• Following the transaction, Silva directly owns 30,172 shares of CCCS common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by an executive. 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 insider transactions and company performance.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders, depending on the market's perception of insider transactions.

Key Dates