Form 4: Clearwater Analytics CFO James S. Cox Executes Stock Option Exercises and Sales

Clearwater Analytics CFO James S. Cox reports exercising stock options and selling shares under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On July 15, 2024, James S. Cox, CFO of Clearwater Analytics Holdings, Inc., executed multiple transactions involving Class A Common Stock.
• Cox exercised stock options to acquire 16,580 shares at a price of $4.40 per share.
• Simultaneously, Cox disposed of 6,275 shares to cover tax obligations at a price of $18.9205 per share.
• An additional 5,100 shares were sold at a weighted average price of $18.9269 per share.
• Following these transactions, Cox directly owns 232,503 shares of Class A Common Stock and holds options for 213,506 shares.
• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 11, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports transactions executed under a pre-existing trading plan. There is no indication of positive or negative sentiment towards the company.

Industry Context

This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's outlook or performance. It is common for executives to have pre-arranged trading plans to manage their stock holdings.

Key Dates