Form 4: CCC Intelligent Solutions Holdings Inc. Executive Exercises Stock Options and Disposes of Shares

Githesh Ramamurthy, a director and officer of CCC Intelligent Solutions Holdings Inc., executed stock options and disposed of shares on July 30, 2024.

Summary

• On July 30, 2024, Githesh Ramamurthy, a director and officer of CCC Intelligent Solutions Holdings Inc., engaged in transactions involving the company's common stock and restricted stock units (RSUs).
• Ramamurthy exercised options to acquire 600,000 shares of common stock at a price of $11.03 per share.
• Simultaneously, Ramamurthy disposed of 265,800 shares of common stock at a price of $11.03 per share.
• Following these transactions, Ramamurthy directly owns 6,798,040 shares of common stock and indirectly owns 13,628,362 shares through Higginson Enterprises, LLC.
• Ramamurthy also holds 600,000 RSUs, which vest in four equal installments on the anniversaries of July 30, 2021.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider transactions. The exercise of options and subsequent sale of shares could be for various personal financial reasons and doesn't necessarily indicate a positive or negative outlook on the company.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings to gain insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership structure.

Key Dates