Form 4: CCC Intelligent Solutions Holdings Inc. Insider Christopher Egan Sells Shares in Public Offering
SEC Form 4 Filing
Christopher Egan, a director at CCC Intelligent Solutions Holdings Inc., sold shares of common stock as part of an underwritten public offering.
Summary
- Christopher Egan, a director of CCC Intelligent Solutions Holdings Inc., reported the sale of common stock on April 9, 2024.
- The sales were part of an underwritten public offering at a price of $11.575 per share.
- Egan sold 12,212,720 shares directly, and also reported sales of shares held by Advent International entities.
- After the transactions, Egan directly owns 151,063,087 shares, 4,777,763 shares, and 50,098,463 shares through various entities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider trading activity. It doesn't inherently convey positive or negative sentiment, but rather reports factual transactions.
Industry Context
This filing indicates activity by a major shareholder following a public offering, which is a common occurrence as large shareholders may take the opportunity to reduce their positions.
Key Dates
| Date | Description |
|---|---|
| 04/05/2024 | Filing date of the prospectus supplement related to the public offering. |
| 04/09/2024 | Date of the transaction (sale of shares). |
| 04/11/2024 | Date of signature of the Form 4 filing. |
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