Form 4: Clearwater Analytics CFO James S. Cox Executes Stock Option, Disposes Shares for Tax Obligations and Sells Shares Under 10b5-1 Plan

Clearwater Analytics CFO James S. Cox exercised stock options, disposed of shares to cover tax obligations, and sold shares under a pre-arranged 10b5-1 trading plan.

Summary

• On March 17, 2025, James S. Cox, CFO of Clearwater Analytics Holdings, Inc., executed a stock option for 33,357 Class A Common Stock at a price of $4.4.
• Concurrently, 19,657 shares were disposed of to cover tax withholding obligations at a price of $26.5788 per share.
• Additionally, Cox sold 13,700 shares at a weighted average price of $26.5788 and 5,000 shares at a weighted average price of $26.599 under a Rule 10b5-1 trading plan.
• Following these transactions, Cox beneficially owns 358,502 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating routine transactions. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, common for executives who receive stock options as part of their compensation. The use of a 10b5-1 trading plan is a common practice to avoid accusations of insider trading.

Comparison to Industry Standards

• Executive compensation packages often include stock options, aligning management's interests with shareholders.
• Rule 10b5-1 trading plans are a standard tool for corporate insiders to manage their stock sales in a transparent and compliant manner.
• The reported transactions are typical for executives at publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in beneficial ownership.
• The disposal of shares to cover tax obligations is a standard practice and unlikely to significantly affect stakeholders.

Key Dates