Form 4: Clearwater Analytics CFO James S. Cox Executes Stock Option and Sells Shares

Clearwater Analytics CFO James S. Cox exercised stock options and sold shares of Class A Common Stock on October 15, 2024, according to a Form 4 filing with the SEC.

Summary

• On October 15, 2024, James S. Cox, CFO of Clearwater Analytics Holdings, Inc., engaged in transactions involving the company's Class A Common Stock.
• Cox exercised stock options to acquire 33,397 shares at a price of $4.40 per share.
• He then disposed of 19,697 shares to cover tax obligations at $26.1551.
• Additionally, Cox sold 13,700 shares at a weighted average price of $26.1551 and 5,000 shares at a weighted average price of $26.1695 on the open market.
• Following these transactions, Cox directly owns 224,044 shares of Class A Common Stock.
• The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 11, 2024.
• Cox also holds options to purchase 74,473 shares of Class A Common Stock at an exercise price of $4.40.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing insider transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about stock transactions.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions and provides transparency into the trading activities of company executives. It is common for executives to exercise stock options and sell shares for personal financial management, diversification, or tax planning purposes.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the pre-arranged trading plan mitigates concerns about opportunistic trading.

Key Dates