Form 4: Clearwater Analytics CFO James Cox Reports Stock Transactions
SEC Form 4
Clearwater Analytics CFO James Cox reports multiple transactions involving Class A Common Stock and Restricted Stock Units, including acquisitions and dispositions to cover tax obligations.
Summary
- James Cox, the Chief Financial Officer of Clearwater Analytics Holdings, Inc., reported several transactions involving the company's Class A Common Stock.
- These transactions occurred on December 31, 2024, and January 1, 2025.
- The transactions included the acquisition of shares through the vesting of Restricted Stock Units (RSUs) and the disposition of shares to cover tax withholding obligations.
- On December 31, 2024, 3,125 shares were acquired through RSU vesting and 1,584 shares were disposed of to cover taxes at a price of $27.52.
- On January 1, 2025, 77,170 shares were acquired through RSU vesting and 34,068 shares were disposed of to cover taxes at a price of $27.52.
- Also on January 1, 2025, 53,171 shares were acquired through RSU vesting and 27,001 shares were disposed of to cover taxes at a price of $27.52.
- Following these transactions, Cox directly owns 284,857 shares of Class A Common Stock.
- Cox also holds unvested Restricted Stock Units representing the right to acquire additional shares of Class A Common Stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation and tax obligations. There is no indication of unusual or concerning activity.
Positives
- The vesting of Restricted Stock Units indicates a continued alignment of the CFO's interests with the company's performance.
- The CFO's continued holdings in company stock demonstrates confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
- The transparency provided by the Form 4 filing helps maintain investor confidence.
Key Dates
| Date | Description |
|---|---|
| 01/01/2022 | Vesting Period Commencement Date for some Restricted Stock Units |
| 01/01/2023 | Vesting Period Commencement Date for some Restricted Stock Units |
| 02/20/2023 | Date of grant for some Restricted Stock Units |
| 09/24/2021 | Date of grant for some Restricted Stock Units |
| 02/28/2024 | Date of grant for some Restricted Stock Units |
| 12/31/2024 | Transaction date for acquisition and disposition of shares. |
| 01/01/2025 | Transaction date for acquisition and disposition of shares. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
| 01/01/2032 | Expiration date for some Restricted Stock Units |
| 01/01/2033 | Expiration date for some Restricted Stock Units |
| 02/28/2034 | Expiration date for some Restricted Stock Units |
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