Form 4: Clearwater Analytics Holdings, Inc.: Chief Technology Officer Acquires 82,500 Restricted Stock Units

Souvik Das, Chief Technology Officer of Clearwater Analytics Holdings, Inc., reports the acquisition of 82,500 Restricted Stock Units (RSUs) on February 13, 2025, vesting quarterly over the next four years.

Summary

• On February 18, 2025, Souvik Das, the Chief Technology Officer of Clearwater Analytics Holdings, Inc. [CWAN], filed a Form 4.
• The form reports a transaction on February 13, 2025, where Das acquired 82,500 Restricted Stock Units (RSUs).
• These RSUs represent the right to receive one share of the issuer's Class A Common Stock each.
• The RSUs vest in increments of 6.25% at the end of each 3-month period for the next 4 years following January 1, 2025, and will settle within thirty days of the applicable vesting date.
• Following the reported transaction, Das directly owns 82,500 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices. The granting of RSUs is generally seen as a positive incentive for management.

Industry Context

This is a standard disclosure related to executive compensation and is common in the technology industry.

Stakeholder Impact

• The granting of RSUs to the Chief Technology Officer aligns his interests with those of the shareholders, incentivizing him to improve the company's performance and increase shareholder value.

Key Dates

Keywords

Form 4, Clearwater Analytics Holdings, Souvik Das, Restricted Stock Units, RSU, CWAN, Beneficial Ownership, Chief Technology Officer, Equity Securities