Form 4: Clearwater Analytics Holdings, Inc.: Chief Client Officer Subi Sethi Reports Stock Transactions
SEC Form 4
Subi Sethi, Chief Client Officer of Clearwater Analytics Holdings, Inc., reports the acquisition and disposal of Class A Common Stock and Stock Options on August 21, 2024.
Summary
- On August 21, 2024, Subi Sethi, the Chief Client Officer of Clearwater Analytics Holdings, Inc., engaged in multiple transactions involving Class A Common Stock.
- These transactions included the acquisition of shares through the exercise of stock options at prices of $4.4 and $12.4, and the disposal of shares through sales at weighted average prices ranging from $24.2403 to $24.3464.
- The reported transactions resulted in a net change in the number of shares beneficially owned by Sethi, with the final holding being 81,812 shares of Class A Common Stock.
- Sethi also transacted in stock options, acquiring options at exercise prices of $4.4 and $12.4, with expiration dates in 2030 and 2031.
- Following these transactions, Sethi holds varying amounts of stock options with different vesting schedules and expiration dates.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions by an officer. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the buying and selling activities of company executives.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding management's perspective on the company's stock value.
- The filing ensures transparency and compliance with SEC regulations, maintaining investor confidence.
Key Dates
| Date | Description |
|---|---|
| 01/21/2020 | Vesting of stock options. |
| 02/Nov/2020 | Vesting of stock options. |
| 01/Jan/2021 | Vesting of stock options. |
| 03/05/2021 | Vesting of stock options. |
| 08/03/2021 | Vesting of stock options. |
| 01/Jan/2022 | Vesting of stock options. |
| 01/Jan/2023 | Vesting of stock options. |
| 01/Jan/2024 | Vesting of stock options. |
| 08/21/2024 | Date of stock transactions and filing of Form 4. |
| 01/Jan/2025 | Vesting of stock options. |
| 01/01/2030 | Expiration date of some stock options. |
| 01/02/2030 | Expiration date of some stock options. |
| 03/07/2031 | Expiration date of some stock options. |
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