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

Clearwater Analytics CFO James S. Cox reports acquisition and disposal of Class A Common Stock related to the vesting of performance stock units (PSUs) and subsequent sales to cover tax obligations.

Summary

• On February 19, 2025, James S. Cox, CFO of Clearwater Analytics Holdings, Inc., reported transactions involving Class A Common Stock.
• These transactions include the acquisition of shares from the vesting of performance stock units (PSUs) issued on September 24, 2021, February 20, 2023, and February 28, 2024.
• The PSUs vested based on Clearwater Analytics' achievement of certain performance criteria related to revenue growth in 2024.
• Cox also reported the sale of shares to cover tax withholding obligations associated with the vesting and settlement of these PSUs.
• The sales were executed at a price of $30.0707 per share.
• After these transactions, Cox directly owns 346,835 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The document primarily reports stock transactions related to executive compensation. The vesting of PSUs suggests positive performance, but the sales are for tax obligations, balancing the overall sentiment.

Positives

• The vesting of PSUs indicates that Clearwater Analytics achieved its revenue growth targets for 2024.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It reflects the alignment of executive incentives with company performance.

Stakeholder Impact

• Shareholders may view the vesting of PSUs as a positive sign, indicating that the company met its performance targets.
• The transactions have a minimal impact on other stakeholders.

Key Dates

Keywords

Clearwater Analytics, CWAN, Form 4, James S. Cox, CFO, Performance Stock Units, PSUs, Vesting, Class A Common Stock, Tax Withholding, Revenue Growth