CCC Intelligent Solutions (NYSE: CCC) director adds shares and 60,573 RSUs
Rhea-AI Filing Summary
CCC Intelligent Solutions Holdings Inc. director William Ingram reported equity compensation activity involving Common Stock and Restricted Stock Units (RSUs). He exercised 31,250 RSUs into 31,250 shares of Common Stock, leaving him with 108,862 Common shares held directly after the transaction. He also received a new grant of 60,573 RSUs, each representing a contingent right to receive either one share of Common Stock, cash equal to the share’s fair market value, or a combination of both at settlement. One RSU grant vests on the earlier of May 22, 2026 and the next annual stockholder meeting, and the other vests on the earlier of May 21, 2027 and the next annual stockholder meeting, in each case generally subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 31,250 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 60,573 | $0.00 | -- |
| Exercise | Common Stock | 31,250 | $0.00 | -- |
Footnotes (1)
- The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each 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 RSU, or (iii) a combination thereof. The RSUs vest on the earlier of May 22, 2026 and the date of the next annual meeting of the stockholders of the Issuer, generally subject to the Reporting Person's continued service to the Issuer through such vesting and settlement date. The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive, at the Issuer's discretion, (i) one share of Common Stock for each 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 RSU, or (iii) a combination thereof. The RSUs vest on the earlier of May 21, 2027 and the date of the next annual meeting of the stockholders of the Issuer, generally subject to the Reporting Person's continued service to the Issuer through such vesting and settlement date.