Form 4: Clearwater Analytics Officer Boosts Stake via RSU Vesting

Clearwater Analytics' Chief Client Officer, Subi Sethi, increased direct ownership of Class A Common Stock through RSU vesting, partially offset by tax-related sales.

Summary

• Subi Sethi, Chief Client Officer of Clearwater Analytics Holdings, Inc., acquired a total of 67,575 shares of Class A Common Stock on January 1, 2026, through the vesting of Restricted Stock Units (RSUs).
• Concurrently, Sethi disposed of 25,646 shares of Class A Common Stock at a price of $24.0925 per share to cover tax withholding obligations associated with the RSU vesting.
• Following these transactions, Sethi's direct beneficial ownership of Class A Common Stock stands at 277,189 shares.
• The RSU grants had vesting schedules, with one tranche beginning on January 1, 2022, and another on January 1, 2023, both vesting in 25% installments over four years.

Sentiment

Score: 6

Explanation: The filing reflects a routine insider transaction involving RSU vesting and subsequent tax-related sales. While the net increase in direct ownership is positive, the transaction itself is expected and does not indicate new strategic developments or significant shifts in company performance.

Positives

• Acquisition of 67,575 shares of Class A Common Stock through RSU vesting, indicating continued equity participation and alignment with shareholder interests.
• The increase in direct beneficial ownership to 277,189 shares demonstrates a significant stake in the company.

Negatives

• Disposition of 25,646 shares of Class A Common Stock, reducing the total number of shares held directly, although this was for tax withholding purposes and not a discretionary sale.

Future Outlook

NA

Industry Context

This is a routine insider transaction related to equity compensation, common across publicly traded companies, and does not provide specific insights into broader industry trends or competitive landscape for Clearwater Analytics.

Stakeholder Impact

• Shareholders: Minor positive signal from an officer increasing net direct ownership, but the transaction is routine and pre-scheduled.
• Employees: Reflects standard equity compensation practices for executives.

Next Steps

• Continued vesting of any remaining unvested RSU grants according to their respective schedules.

Key Dates

Keywords

Clearwater Analytics, CWAN, Form 4, insider transaction, RSU vesting, stock ownership, Chief Client Officer, equity compensation, sell to cover