Form 4: Clearwater Analytics CTO Sells Shares Under 10b5-1 Plan

Clearwater Analytics' Chief Technology Officer, Souvik Das, sold 20,000 shares of Class A Common Stock through a pre-arranged trading plan.

Summary

• Souvik Das, Chief Technology Officer of Clearwater Analytics Holdings, Inc. (CWAN), reported transactions involving Class A Common Stock.
• On November 12, 2025, Mr. Das sold a total of 20,000 shares of Class A Common Stock.
• The first sale involved 10,000 shares at a weighted average price of $20.1194 per share, with trades ranging from $20.06 to $20.30.
• The second sale involved an additional 10,000 shares at a price of $20.3 per share.
• These sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Das on May 5, 2025.
• Following these transactions, Mr. Das beneficially owns 106,066 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale conducted under a pre-arranged 10b5-1 trading plan, which is generally considered a neutral event as it indicates planned liquidity rather than a reaction to new material information.

Future Outlook

N/A. This filing reports past insider transactions and does not provide forward-looking statements or guidance.

Industry Context

N/A. This filing reports a routine insider stock transaction and does not contain information related to broader industry trends or competitors.

Key Dates

Keywords

Clearwater Analytics, CWAN, Insider Trading, Form 4, Stock Sale, Souvik Das, Chief Technology Officer, 10b5-1 Plan