Form 4: CCCS Exec Sells Shares After Option Exercise
Insider Transaction Report
John Page Goodson, EVP and Chief Product and Technology Officer at CCC Intelligent Solutions Holdings Inc., exercised stock options and subsequently sold a portion of his common stock holdings.
Summary
- John Page Goodson, Executive Vice President, Chief Product and Technology Officer of CCC Intelligent Solutions Holdings Inc. (CCCS), reported transactions on September 17, 2025.
- Goodson exercised stock options to acquire 150,000 shares of CCCS common stock at an exercise price of $4.05 per share.
- Concurrently, Goodson sold 150,000 shares of common stock at a weighted average price of $9.5911 per share, with individual transaction prices ranging from $9.5550 to $9.6150.
- These transactions were made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan for the purchase or sale of equity securities.
- Following these reported transactions, Goodson directly beneficially owns 157,478 shares of common stock.
- Goodson also beneficially owns 105,413 derivative stock options.
- The exercised options were received on July 30, 2021, in connection with the acquisition of Cypress Holdings, Inc., and were fully vested upon issuance.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction involving the exercise of vested stock options and subsequent sale of shares under a Rule 10b5-1 plan, which is generally considered neutral in terms of company sentiment.
Positives
- The executive successfully monetized vested stock options, realizing a gain from the difference between the exercise price of $4.05 and the sale price of $9.5911 per share.
- The transaction was executed under a Rule 10b5-1 plan, indicating a pre-arranged sale not based on immediate insider information.
Negatives
- The sale of common stock by a key executive, even under a 10b5-1 plan, could be perceived by some investors as a signal, though this is a common practice for executive compensation.
Future Outlook
This Form 4 filing reports past insider transactions and does not contain any forward-looking statements or guidance regarding the company's future performance.
Industry Context
This insider transaction is a routine event related to executive compensation and does not provide specific insights into broader industry trends or competitive landscape for CCC Intelligent Solutions Holdings Inc.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Policy Adherence | The transaction was made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan, indicating adherence to insider trading compliance policies. | 09/17/2025 | This demonstrates a commitment to transparent and pre-scheduled insider trading practices, mitigating concerns about opportunistic trading. |
Stakeholder Impact
- Shareholders: May note the executive's monetization of vested equity, which is a common practice. The sale under a 10b5-1 plan typically reduces concerns about negative signals.
Key Dates
| Date | Description |
|---|---|
| 07/30/2021 | Stock options granted and fully vested in connection with the acquisition of Cypress Holdings, Inc. by CCC Intelligent Solutions Holdings Inc. |
| 09/17/2025 | Date of stock option exercise and subsequent sale of common stock by John Page Goodson. |
| 09/18/2025 | Date the Form 4 was signed and filed by the attorney-in-fact for John Page Goodson. |
| 09/24/2030 | Expiration date of the remaining derivative stock options. |
Keywords
CCCS, Insider Transaction, Stock Options, Executive Compensation, Form 4, John Page Goodson, Rule 10b5-1
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.