Form 4: Clearwater Analytics Director Kathleen Corbet Reports Transaction
SEC Form 4
Director Kathleen Corbet reports a transaction involving Class A and Class B Common Stock of Clearwater Analytics Holdings, Inc.
Summary
- On December 15, 2023, Kathleen Corbet, a director of Clearwater Analytics Holdings, Inc. (CWAN), engaged in a transaction involving the conversion of 20,161 shares of Class B Common Stock to Class A Common Stock.
- The transaction resulted in the disposal of 20,161 shares of Class B Common Stock and the acquisition of 20,161 shares of Class A Common Stock.
- Following the reported transaction, Corbet beneficially owns 25,351 shares of Class A Common Stock directly.
- The Class B Common Stock does not represent economic interests in the Issuer and can be exchanged for Class A Common Stock or a cash payment.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a conversion of shares and does not significantly alter the ownership structure.
Key Dates
| Date | Description |
|---|---|
| 12/15/2023 | Date of transaction involving Class A and Class B Common Stock |
| 04/22/2024 | Date of signature for the report |
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