Form 4: Director Christopher Hooper Gifts 30,000 CWAN Shares
Statement of Changes in Beneficial Ownership
Clearwater Analytics director Christopher Hooper donated 30,000 shares of Class A Common Stock to a charitable donor-advised fund.
Summary
- Director Christopher Hooper executed a gift of 30,000 shares of Clearwater Analytics Holdings, Inc. (CWAN) Class A Common Stock.
- The transaction occurred on June 15, 2026.
- The shares were held indirectly through The Hooper Family Trust.
- The donation was made to the National Philanthropic Trust, a non-profit organization.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the reduction in holdings is attributed to a charitable donation rather than a lack of confidence in the issuer.
Positives
- The transaction reflects philanthropic activity by a company director rather than a market-driven divestment.
Negatives
- The director's indirect beneficial ownership in the company has decreased by 30,000 shares.
Risks
- None identified; this is a standard charitable gift filing.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that insider charitable donations are common among high-net-worth executives and generally do not signal a change in confidence regarding the company's operational performance.
Comparison to Industry Standards
- The transaction is consistent with standard executive wealth management and philanthropic practices observed across the technology and financial services sectors.
Related Party Transactions
- The shares were held by The Hooper Family Trust, an entity associated with the reporting person.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a charitable gift and does not represent a change in the company's strategic direction.
Key Dates
| Date | Description |
|---|---|
| 06/15/2026 | Date of the charitable gift transaction. |
| 06/16/2026 | Date of filing the Form 4 with the SEC. |
Keywords
Clearwater Analytics, CWAN, Insider Trading, Form 4, Director Transaction, Charitable Gift
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