Form 4: Clearwater Analytics CFO James S. Cox Reports Stock Transactions

Clearwater Analytics CFO James S. Cox reports the vesting and subsequent sale of shares to cover tax obligations related to restricted stock units.

Summary

• On March 31, 2025, James S. Cox, CFO of Clearwater Analytics Holdings, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units.
• Cox acquired 3,125 shares and 7,813 shares of Class A Common Stock through the vesting of Restricted Stock Units at a price of $0.00.
• Simultaneously, 1,587 shares and 3,968 shares were disposed of at $26.8 to cover tax withholding obligations.
• Following these transactions, Cox directly owns 363,885 shares of Class A Common Stock and 151,562 Restricted Stock Units.

Sentiment

Score: 7

Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't contain any particularly positive or negative information, but rather provides necessary transparency. The sentiment is neutral to slightly positive as it reflects ongoing compensation and alignment of executive interests with shareholders.

Future Outlook

The reporting person will continue to vest in Restricted Stock Units quarterly until early 2029.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding insider transactions.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies, ensuring transparency in insider trading.
• The vesting schedule of the Restricted Stock Units (6.25% quarterly) is a common compensation structure to incentivize long-term performance, similar to practices at companies like Salesforce or Workday.
• Selling shares to cover tax obligations upon vesting of equity awards is a typical occurrence among executives in publicly held companies, such as those in the S&P 500.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the vesting of previously granted equity and sales to cover taxes.
• Employees may be interested in the vesting schedules of equity grants as part of their compensation packages.

Key Dates

Keywords

Clearwater Analytics, CWAN, James S. Cox, CFO, Form 4, Stock Transactions, Restricted Stock Units, Beneficial Ownership