Form 4: Clearwater Analytics Director Jacques Aigrain Sells 25,000 Shares
SEC Form 4
Director Jacques Aigrain sold 25,000 shares of Clearwater Analytics Holdings, Inc. (CWAN) on August 9, 2024, at an average price of $22.3539 per share.
Summary
- Jacques Aigrain, a director of Clearwater Analytics Holdings, Inc. (CWAN), sold 25,000 shares of Class A Common Stock on August 9, 2024.
- The sale was executed at a weighted average price of $22.3539 per share, with individual trades ranging from $22.275 to $22.465.
- Following the transaction, Aigrain directly owns 12,628 shares of Clearwater Analytics Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a sale of shares by a company director. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction. The sentiment is neutral.
Industry Context
Insider sales are common and can be for various reasons, including diversification or personal financial planning. The market may interpret this sale based on the size and the individual's role within the company.
Stakeholder Impact
- The sale of shares by a director could potentially influence investor sentiment, although the impact is likely to be minimal given the size of the transaction relative to the company's overall market capitalization.
Key Dates
| Date | Description |
|---|---|
| 08/09/2024 | Date of transaction: Jacques Aigrain sold 25,000 shares of CWAN. |
| 08/12/2024 | Date of signature on the Form 4 filing. |
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