CCC Intelligent (NYSE: CCC) CAO sells 50,321 shares, adds new RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CCC Intelligent Solutions Holdings Inc. Chief Accounting Officer Christo Rodney reported multiple equity compensation transactions and a subsequent stock sale. On March 9, 2026, he completed an open-market sale of 50,321 shares of Common Stock at $6.13 per share, leaving no directly held shares.
On March 6, 2026, Rodney received new equity awards, including 31,949 Restricted Stock Units, and had previously granted Restricted Stock Units from 2023–2025 vest or convert into Common Stock. On the same date, 20,909 shares of Common Stock were withheld at $6.26 per share to cover tax obligations. He also forfeited 16,540 Performance Restricted Stock Units that did not meet performance conditions. Following these transactions, 135,642 shares of Common Stock are reported as held indirectly by a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,321 shares ($308,468)
Net Sell
13 txns
Insider
Christo Rodney
Role
Chief Accounting Officer
Sold
50,321 shs ($308K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 50,321 | $6.13 | $308K |
| Disposition | Performance Restricted Stock Unit | 16,540 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 9,854 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 7,384 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 12,478 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 31,949 | $0.00 | -- |
| Grant/Award | Common Stock | 15,067 | $0.00 | -- |
| Grant/Award | Common Stock | 26,447 | $0.00 | -- |
| Exercise | Common Stock | 9,854 | $0.00 | -- |
| Exercise | Common Stock | 7,384 | $0.00 | -- |
| Exercise | Common Stock | 12,478 | $0.00 | -- |
| Tax Withholding | Common Stock | 20,909 | $6.26 | $131K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Performance Restricted Stock Unit — 0 shares (Direct);
Restricted Stock Unit — 9,854 shares (Direct);
Common Stock — 135,642 shares (Indirect, By Trust)
Footnotes (1)
- The Reported Securities were received in settlement of Performance Restricted Stock Units granted to the Reporting Person on March 6, 2023. The Reported Securities were received in settlement of Performance Restricted Stock Units granted to the Reporting Person on March 6, 2023. These shares were sold in multiple transactions. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold in each separate transaction. The Reported Transaction constitutes the forfeiture of Performance Restricted Stock Units granted to the Reporting Person on February 25, 2022, which failed to vest because they did not meet the applicable performance conditions. The Reporting Person was granted, on March 6, 2023, Restricted Stock Units ("2023 RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each 2023 RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the 2023 RSU, or (iii) a combination thereof. One-fourth (25.00%) of the 2023 RSUs vest upon each of the first four anniversaries of the Grant Date, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date. The Reporting Person was granted, on March 6, 2024, Restricted Stock Units ("2024 RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each 2024 RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the 2024 RSU, or (iii) a combination thereof. One-fourth (25.00%) of the 2024 RSUs vest upon each of the first four anniversaries of the Grant Date, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date. The Reporting Person was granted, on March 6, 2025, Restricted Stock Units ("2025 RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each 2025 RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the 2025 RSU, or (iii) a combination thereof. One-third (33.33%) of the 2025 RSUs vest upon each of the first three anniversaries of the Grant Date, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date. The Reporting Person was granted, on March 6, 2026, Restricted Stock Units ("2026 RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each 2026 RSU, (ii) an amount of cash equal to the fair market value of such share of Common Stock on the date immediately preceding the date of settlement of the 2026 RSU, or (iii) a combination thereof. One-third (33.33%) of the 2026 RSUs vest upon each of the first three anniversaries of the Grant Date, generally subject to the Reporting Person's continued service to the Issuer through each such vesting and settlement date.
FAQ
What did CCC (CCC) Chief Accounting Officer Christo Rodney sell in this Form 4?
Christo Rodney reported an open-market sale of 50,321 shares of Common Stock at $6.13 per share. This transaction eliminated his directly held Common Stock, though separate indirect holdings by a trust remain reported in the filing.
What new equity awards did Christo Rodney receive from CCC (CCC)?
Rodney received 31,949 Restricted Stock Units on March 6, 2026. These RSUs are settled at the company’s discretion in shares, cash equal to the share’s fair market value, or a combination, and vest over multi-year schedules tied to continued service.
What happened to Christo Rodney’s Performance Restricted Stock Units at CCC (CCC)?
Rodney forfeited 16,540 Performance Restricted Stock Units granted on February 25, 2022 because they failed to meet required performance conditions. Separate Performance RSUs granted on March 6, 2023 settled into Common Stock as part of the reported transactions.
Does Christo Rodney still have any indirect holdings of CCC (CCC) stock?
Yes. The Form 4 shows 135,642 shares of Common Stock reported as held indirectly “By Trust” as of March 6, 2026. These trust-held shares are distinct from his directly owned shares, which dropped to zero after the reported sale.
How do the RSU grants for Christo Rodney at CCC (CCC) vest over time?
Rodney’s 2023 and 2024 RSUs vest in four equal annual installments of 25% each, while his 2025 and 2026 RSUs vest in three equal installments of about 33.33%. Vesting generally requires continued service through each vesting and settlement date.