Form 4: Clearwater Analytics Holdings, Inc.: Officer Das Souvik Reports Stock Transactions
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
| Date | Description |
|---|---|
| 01/01/2024 | Start date for vesting of 6.25% of Restricted Stock Units every 3 months for 4 years. |
| 01/01/2025 | Start date for vesting of 6.25% of additional Restricted Stock Units every 3 months for 4 years. |
| 03/31/2025 | Date of stock transactions: acquisition and disposal of shares. |
| 04/02/2025 | Date of signature for the Form 4 filing. |
| 02/28/2034 | Expiration date for 51,562 Restricted Stock Units. |
| 02/13/2035 | Expiration 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
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