Form 4: CCC Intelligent Solutions Holdings Inc.: Director Eric Wei Sells Shares

Director Eric Wei reports the sale of CCC Intelligent Solutions Holdings Inc. (CCCS) shares held directly and indirectly through various entities associated with Advent International.

Summary

• Eric Wei, a director of CCC Intelligent Solutions Holdings Inc. (CCCS), filed a Form 4 detailing changes in beneficial ownership.
• On May 20, 2025, Wei sold 22,005,957 shares of common stock at a price of $9.08 per share.
• Wei also sold 695,999 shares and 7,298,044 shares at the same price.
• These shares were held indirectly through Cypress Investor Holdings, L.P., Advent International GPE VIII-C Limited Partnership, and GPE VIII CCC Co-Investment (Delaware) Limited Partnership.
• Following the transactions, Wei continues to indirectly own 49,397,891 shares, 1,562,344 shares, and 16,382,291 shares through these entities respectively.
• Wei disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: Neutral sentiment as it reports a transaction without expressing any opinion on the company's performance or future prospects.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Key Dates

Keywords

Form 4, Beneficial Ownership, CCC Intelligent Solutions Holdings Inc., CCCS, Eric Wei, Advent International, Share Sale, Director