Advent-affiliated entities report $296M sale of CCC Intelligent Solutions (CCCS)

Rhea-AI Filing Summary

Advent-affiliated reporting persons disclosed three stock sales of CCC Intelligent Solutions Holdings, Inc. (CCCS). The Form 4 shows dispositions on 08/07/2025 of 22,005,957 shares, 695,999 shares and 7,298,044 shares at a price of $9.8715 per share. The three transactions total 30,000,000 shares for approximately $296.1 million.

The filing lists multiple Advent entities as reporting persons and indicates the shares shown as held indirectly after the transactions: 27,391,934; 866,345; and 9,084,247 shares, respectively (see footnotes referenced). The filing notes that two Advent managing directors serve on the issuer's board and have filed separate Section 16 reports. Exhibits 99.1 and 99.2 are incorporated by reference for footnotes and joint-filer information.

Positive

• Full quantitative disclosure of three separate transactions including share counts and per-share price ($9.8715) is provided
• Substantial residual indirect ownership is reported (27,391,934; 866,345; 9,084,247 shares), showing continued material stakes

Negative

• Large dispositions totaling 30,000,000 shares at $9.8715 were reported by Advent-affiliated 10% owner/director entities
• Potential market impact from a concentrated sale of this size could affect supply-demand dynamics for CCCS shares

Insights

Financial Analyst

TL;DR: Large block sales by Advent-related reporting persons—30,000,000 CCCS shares sold at $9.8715—are material and could affect supply-demand dynamics.

The reported dispositions total 30,000,000 shares at $9.8715 each (approximately $296.1M). Such a concentrated set of sales by multiple Advent entities, which are identified as directors and 10% owners, is a material ownership change disclosed under Section 16. Investors should note both the absolute size of the transactions and that substantial indirect holdings remain per the filing (27,391,934; 866,345; 9,084,247 shares). The filing is specific about quantities, price, ownership form, and that explanatory footnotes are provided in Exhibit 99.1.

Corporate Governance Expert

TL;DR: The Form 4 shows transparent disclosure by numerous Advent entities and notes deputized directors who filed separate Section 16 reports.

The submission identifies multiple Advent-affiliated reporting persons and confirms that two Advent managing directors are deputized to represent them on the issuer's board. The form is filed by more than one reporting person and incorporates footnotes and signature/joint-filer information by reference. From a governance perspective, the document provides the mechanics of who acted and how holdings are reported, with exhibit references for the footnote detail.

Insider Trade Summary

Net Seller: 30,000,000 shares ($296,145,000)

Net Sell 3 txns

Insider ADVENT INTERNATIONAL, L.P., Advent International GPE VIII, LLC, Cypress Investor Holdings, LP, Advent International GPE VIII-C Limited Partnership, GPE VIII CCC Co-Investment (Delaware) Limited Partnership, Cypress Investment GP, LLC, GPE VIII GP S.a.r.l., GPE VIII GP Limited Partnership, ADVENT INTERNATIONAL GP, LLC

Role Director | Director | Director | Director | Director | Director | Director | Director | Director

Sold 30,000,000 shs ($296.14M)

Type	Security	Shares	Price	Value
Sale	Common Stock	22,005,957	$9.8715	$217.23M
Sale	Common Stock	695,999	$9.8715	$6.87M
Sale	Common Stock	7,298,044	$9.8715	$72.04M

Holdings After Transaction: Common Stock — 27,391,934 shares (Indirect, See footnotes)

Footnotes (1)

1. See Exhibit 99.1 for text of footnote (1). See Exhibit 99.1 for text of footnote (2). See Exhibit 99.1 for text of footnote (3). See Exhibit 99.1 for text of footnote (4). See Exhibit 99.1 for text of footnote (5).

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

ADVENT INTERNATIONAL, L.P.

(Last) (First) (Middle)

PRUDENTIAL TOWER, 800 BOYLSTON

STREET, SUITE 3300

(Street)

BOSTON MA 02199-8069

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CCC Intelligent Solutions Holdings Inc. [ CCCS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/07/2025		S(1)		22,005,957	D	$9.8715	27,391,934	I	See footnotes(2)(5)
Common Stock	08/07/2025		S(1)		695,999	D	$9.8715	866,345	I	See footnotes(3)(5)
Common Stock	08/07/2025		S(1)		7,298,044	D	$9.8715	9,084,247	I	See footnotes(4)(5)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

ADVENT INTERNATIONAL, L.P.

(Last) (First) (Middle)

PRUDENTIAL TOWER, 800 BOYLSTON

STREET, SUITE 3300

(Street)

BOSTON MA 02199-8069

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Advent International GPE VIII, LLC

(Last) (First) (Middle)

PRUDENTIAL TOWER, 800 BOYLSTON

STREET, SUITE 3300

(Street)

BOSTON MA 02199-8069

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Cypress Investor Holdings, LP

(Last) (First) (Middle)

PRUDENTIAL TOWER, 800 BOYLSTON

STREET, SUITE 3300

(Street)

BOSTON MA 02199-8069

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Advent International GPE VIII-C Limited Partnership

(Last) (First) (Middle)

PRUDENTIAL TOWER, 800 BOYLSTON

STREET, SUITE 3300

(Street)

BOSTON MA 02199-8069

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

GPE VIII CCC Co-Investment (Delaware) Limited Partnership

(Last) (First) (Middle)

PRUDENTIAL TOWER, 800 BOYLSTON

STREET, SUITE 3300

(Street)

BOSTON MA 02199-8069

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Cypress Investment GP, LLC

(Last) (First) (Middle)

PRUDENTIAL TOWER, 800 BOYLSTON

STREET, SUITE 3300

(Street)

BOSTON MA 02199-8069

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

GPE VIII GP S.a.r.l.

(Last) (First) (Middle)

PRUDENTIAL TOWER, 800 BOYLSTON

STREET, SUITE 3300

(Street)

BOSTON MA 02199-8069

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

GPE VIII GP Limited Partnership

(Last) (First) (Middle)

PRUDENTIAL TOWER, 800 BOYLSTON

STREET, SUITE 3300

(Street)

BOSTON MA 02199-8069

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

ADVENT INTERNATIONAL GP, LLC

(Last) (First) (Middle)

PRUDENTIAL TOWER, 800 BOYLSTON

STREET, SUITE 3300

(Street)

BOSTON MA 02199-8069

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. See Exhibit 99.1 for text of footnote (1).

2. See Exhibit 99.1 for text of footnote (2).

3. See Exhibit 99.1 for text of footnote (3).

4. See Exhibit 99.1 for text of footnote (4).

5. See Exhibit 99.1 for text of footnote (5).

Remarks:

Eric Wei, a Managing Director of Advent, and Lauren Young, a Managing Director of Advent (collectively, the "Advent Directors"), each serve on the board of directors of the Issuer, and have been deputized to represent the Reporting Persons on the board of directors. By virtue of the Advent Directors' representation, for purposes of Section 16 of the Securities Exchange Act of 1934, each of the Reporting Persons may be deemed directors by deputization of the Issuer. The Advent Directors have filed separate Section 16 reports disclosing securities of the Issuer that they may be deemed to beneficially own for Section 16 purposes. Exhibit 99.1 (Footnotes to Form 4) and Exhibit 99.2 (Signatures and Joint Filer Information) are incorporated by reference.

	ADVENT INTERNATIONAL, L.P., By: Advent International GP, LLC, its General Partner, By: /s/ Neil Crawford, Name: Neil Crawford, Title: Vice President of Finance	08/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions does the Form 4 for CCCS report?

The Form 4 reports three sales of Common Stock on 08/07/2025: 22,005,957; 695,999; and 7,298,044 shares at $9.8715 per share.

How many total shares were sold by the reporting persons in this filing?

Total sold: 30,000,000 shares (sum of the three reported dispositions).

What proceeds were generated by the disclosed sales?

Approximate proceeds: 30,000,000 shares × $9.8715 ≈ $296.1 million, based on the reported price.

Who are the reporting persons named on the Form 4?

Reporting persons: Multiple Advent-affiliated entities (including Advent International, L.P. and related funds/GPs) are listed as reporting persons.

Do the reporting persons retain any ownership after the transactions?

Yes. The filing shows indirect beneficial ownership following the transactions of 27,391,934; 866,345; and 9,084,247 shares, respectively (see footnotes referenced in Exhibit 99.1).