Form 4: Clearwater Analytics Executive Subi Sethi Sells Shares

Subi Sethi, Chief Client Officer of Clearwater Analytics Holdings, Inc., recently sold shares of Class A Common Stock, according to a Form 4 filing with the SEC.

Summary

• Subi Sethi, Chief Client Officer of Clearwater Analytics Holdings, Inc., reported the sale of Class A Common Stock on May 20, 2024.
• The sales were executed in multiple trades at weighted average prices of $19.4716 and $19.4532 per share.
• A total of 10,878 shares were sold at an average price of $19.4716, and 7,721 shares were sold at an average price of $19.4532.
• Following these transactions, Subi Sethi directly owns 77,519 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects; however, without additional context, it's difficult to ascertain the specific reasons behind these transactions.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply.

Key Dates