Form 4: Clearwater Analytics Holdings, Inc.: Officer Das Souvik Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Chief Technology Officer Das Souvik reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units in Clearwater Analytics Holdings, Inc. due to vesting and tax obligations.

Summary

  • On March 31, 2025, Souvik Das, Chief Technology Officer of Clearwater Analytics Holdings, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units.
  • These transactions included the acquisition of 4,688 and 5,156 shares of Class A Common Stock through the vesting of Restricted Stock Units.
  • Simultaneously, 2,381 and 2,619 shares were disposed of to cover tax withholding obligations at a price of $26.8 per share.
  • Following these transactions, Das directly owns 137,744 shares of Class A Common Stock, 51,562 Restricted Stock Units that expire 02/28/2034, and 77,344 Restricted Stock Units that expire 02/13/2035.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for officers of publicly traded companies, providing transparency into their stock transactions.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related disposals.

Key Dates

DateDescription
01/01/2024Start date for vesting of 6.25% of Restricted Stock Units every 3 months for 4 years.
01/01/2025Start date for vesting of 6.25% of additional Restricted Stock Units every 3 months for 4 years.
03/31/2025Date of stock transactions: acquisition and disposal of shares.
04/02/2025Date of signature for the Form 4 filing.
02/28/2034Expiration date for 51,562 Restricted Stock Units.
02/13/2035Expiration date for 77,344 Restricted Stock Units.

Keywords

Form 4, Clearwater Analytics, CWAN, Souvik Das, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Officer, Vesting, Tax Withholding

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.