Form 4: Clearwater Analytics Holdings Inc. Executive Souvik Das Sells 25,000 Shares

Souvik Das, Chief Technology Officer of Clearwater Analytics Holdings Inc., sold 25,000 shares of Class A Common Stock on July 15, 2024, at a weighted average price of $18.9207 per share.

Summary

• Souvik Das, the Chief Technology Officer of Clearwater Analytics Holdings Inc., reported a transaction involving the sale of company stock.
• On July 15, 2024, Das sold 25,000 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $18.9207 per share, with individual trades ranging from $18.76 to $19.05.
• Following the transaction, Das directly owns 10,453 shares of Class A Common Stock.
• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on August 28, 2023.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of an insider stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions. It provides transparency to the market regarding the trading activities of company executives.

Stakeholder Impact

• The stock sale by a company executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.

Key Dates