Form 4: Clearwater Analytics Holdings Officer Acquires 82,500 Restricted Stock Units

Scott Stanley Erickson, Chief Revenue Officer of Clearwater Analytics Holdings, Inc., acquired 82,500 restricted stock units on February 13, 2025, according to a Form 4 filing.

Summary

• On February 13, 2025, Scott Stanley Erickson, the Chief Revenue Officer of Clearwater Analytics Holdings, Inc. (CWAN), acquired 82,500 Restricted Stock Units (RSUs).
• Each RSU represents the right to receive one share of the company's Class A Common Stock.
• 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 transaction, Erickson directly owns 82,500 derivative securities.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Future Outlook

The RSUs will vest quarterly over the next four years, starting January 1, 2025, potentially increasing Erickson's holdings of Class A Common Stock.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of RSUs by a key executive could be viewed positively by shareholders, aligning management's interests with the company's long-term performance.

Key Dates

Keywords

Form 4, Clearwater Analytics Holdings, CWAN, Restricted Stock Units, RSU, Scott Stanley Erickson, Chief Revenue Officer, Beneficial Ownership, Class A Common Stock, Vesting