4/A: Clearwater Analytics Holdings: Permira Entities Correctly Report Class A Common Stock Transaction

Galibier Purchaser, LLC, along with related Permira entities, filed an amended Form 4 to correct the number of securities converted and sold on August 26, 2024.

Summary

• Galibier Purchaser, LLC, a 10% owner and director of Clearwater Analytics Holdings, Inc. (CWAN), filed an amended Form 4 with the SEC.
• The amendment corrects the number of Class A Common Stock securities converted and sold on August 26, 2024.
• The original Form 4, filed on August 28, 2024, incorrectly overstated these amounts.
• On August 26, 2024, 1,754,969 shares of Class D Common Stock were converted into Class A Common Stock.
• Also on August 26, 2024, 1,754,969 shares of Class A Common Stock were sold at a price of $24.18 per share.
• Following the transaction, Galibier Purchaser, LLC indirectly beneficially owns 18,519,325 shares of Class A Common Stock.
• The reporting entities include Galibier Holdings, LP, Galibier Holdings GP, LLC, Gali SCSp, and Permira VII GP S.a r.l., all of which may be deemed to share beneficial ownership of the securities.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

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

Stakeholder Impact

• The correction of the filing ensures accurate information is available to shareholders and the public.

Key Dates