Form 4: Clearwater Analytics Director Reports Routine Equity Transactions, Including RSU Vesting and New Grant

A director at Clearwater Analytics Holdings, Inc. has reported routine equity transactions, including the vesting of Restricted Stock Units and the grant of new awards, aligning her interests with shareholders.

Summary

• Kathleen A. Corbet, a Director of Clearwater Analytics Holdings, Inc. (CWAN), reported transactions on June 23, 2025.
• She acquired 10,334 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs) that were originally issued on June 11, 2024.
• Concurrently, 2,481 shares of Class A Common Stock were disposed of at a price of $21.65 per share, likely to cover tax liabilities associated with the RSU vesting.
• Following these transactions, Ms. Corbet's direct beneficial ownership of Class A Common Stock stands at 22,351 shares.
• Additionally, Ms. Corbet was granted 8,765 new Restricted Stock Units, which represent a contingent right to receive one share of common stock for each RSU.
• These newly granted RSUs are scheduled to vest fully on the one-year anniversary of their grant date, which is June 23, 2026.

Sentiment

Score: 6

Explanation: The report indicates routine equity compensation for a director, including the vesting of prior awards and the grant of new Restricted Stock Units, which aligns the director's interests with shareholders. The sale of shares for tax purposes is a standard practice and does not indicate negative sentiment.

Positives

• Director Kathleen A. Corbet acquired 10,334 shares through RSU vesting, increasing her direct ownership in the company.
• The grant of an additional 8,765 Restricted Stock Units demonstrates continued equity-based compensation and aligns the director's interests with shareholders.

Negatives

• 2,481 shares were disposed of at $21.65 per share, likely to cover tax obligations related to the RSU vesting, which reduces the net increase in direct ownership.

Future Outlook

The newly granted 8,765 Restricted Stock Units are expected to vest fully on the one-year anniversary of the grant date, which is June 23, 2026.

Industry Context

This Form 4 filing is a routine disclosure of insider stock transactions and does not provide broader industry context or trends. It reflects standard equity compensation practices for corporate directors.

Stakeholder Impact

• Shareholders: The director's continued equity ownership through RSU vesting and new grants aligns her interests with those of the shareholders, potentially indicating confidence in the company's long-term performance.

Next Steps

• Vesting of the 8,765 Restricted Stock Units on June 23, 2026.

Key Dates

Keywords

Clearwater Analytics Holdings Inc., CWAN, Form 4, insider transaction, director stock ownership, Restricted Stock Units, RSU vesting, equity compensation