Form 4: CCC Intelligent Solutions Holdings Inc. Executive Reports Stock Transactions
SEC Form 4 Filing
Rodney Christo, Chief Accounting Officer of CCC Intelligent Solutions Holdings Inc., reports transactions involving common stock and restricted stock units.
Summary
- On March 6, 2025, Rodney Christo, the Chief Accounting Officer of CCC Intelligent Solutions Holdings Inc., executed several transactions involving the company's stock.
- Christo acquired 9,854 shares and 7,384 shares of common stock through the vesting of restricted stock units (RSUs) granted in 2023 and 2024, respectively.
- He also disposed of 5,052 shares to cover tax obligations at a price of $9.35 per share.
- On March 7, 2025, Christo sold 12,186 shares of common stock at $9.35 per share.
- Additionally, on March 6, 2025, Christo was granted 37,434 restricted stock units (RSUs) which vest over three years.
- Following these transactions, Christo directly owns 0 shares of common stock and indirectly owns 135,642 shares through a trust.
- He also directly owns 37,434 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The reporting person's future transactions may be governed by a pre-arranged trading plan under Rule 10b5-1.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by SEC regulations. It provides transparency into the executive's holdings and transactions in the company's stock.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders.
- The vesting schedules and terms of the RSUs appear typical for executive compensation packages.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership of shares.
- The vesting of RSUs is part of the executive's compensation package, impacting employee benefits.
Key Dates
| Date | Description |
|---|---|
| 2023-03-06 | Reporting Person was granted Restricted Stock Units ('2023 RSUs') |
| 2024-03-06 | Reporting Person was granted Restricted Stock Units ('2024 RSUs') |
| 2024-08-16 | Rule 10b5-1 trading plan adopted by the Reporting Person |
| 2025-03-06 | Shares acquired through vesting of RSUs; shares disposed of for tax obligations; Reporting Person was granted Restricted Stock Units ('2025 RSUs') |
| 2025-03-07 | Shares sold |
| 2025-03-10 | Date of Form 4 filing |
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