STOCK TITAN

Souvik Das to sell 10,000 shares (NYSE: CWAN) via Form 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Souvik Das submitted a Form 144 reporting the proposed sale of 10,000 shares of Common Stock acquired as Restricted Stock Units on 02/28/2024. The filing lists multiple prior 10b5-1 sales in 2026 totaling several transactions with executed share counts and gross proceeds.

The filing identifies Morgan Stanley Smith Barney LLC as the broker and shows executed 10b5-1 transactions on 03/09/2026, 03/31/2026, 04/08/2026, and 05/08/2026 with individual share counts and proceeds disclosed in the table.

Positive

  • None.

Negative

  • None.

Insights

Form 144 lists a proposed resale of restricted shares and prior 10b5-1 sales by the reporting person.

Form 144 is a notice required when an affiliate intends to sell restricted or control securities; it identifies the broker (Morgan Stanley Smith Barney LLC), the class (Common) and the specific lot of 10,000 shares tied to RSUs dated 02/28/2024.

Past executed sales under a 10b5-1 plan are recorded with dates, share counts, and gross proceeds. Subsequent public filings will show whether the proposed sale is completed; timing and cash‑flow treatment are not specified in the excerpt.

Proposed resale 10,000 shares RSUs dated 02/28/2024
10b5-1 sale (03/31/2026) 14,686 shares gross proceeds $349,519.46
10b5-1 sale (05/08/2026) 10,000 shares gross proceeds $243,359.00
10b5-1 sale (04/08/2026) 10,000 shares gross proceeds $240,121.00
10b5-1 sale (03/09/2026) 10,000 shares gross proceeds $233,730.00
Form 144 regulatory
"144: Filer Information | 144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
10b5-1 regulatory
"10b5-1 Sales for SOUVIK DAS ... | Common | 05/08/2026"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Restricted Stock Units financial
"Common | 02/28/2024 | Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Souvik Das' Form 144 (CWAN) report?

The Form 144 reports a proposed resale of 10,000 shares of Common Stock issued as Restricted Stock Units dated 02/28/2024. The filing names Morgan Stanley Smith Barney LLC as the broker and lists prior 10b5-1 sales executed in 2026.

Did the filing disclose prior sales by the reporting person?

Yes. The filing lists multiple prior 10b5-1 sales in 2026 with dates and amounts: 03/09/2026 (10,000 shares), 03/31/2026 (14,686 shares), 04/08/2026 (10,000 shares), and 05/08/2026 (10,000 shares), each showing gross proceeds.

Are the proceeds or purchaser details provided in Form 144?

The excerpt shows gross proceeds for each listed executed sale (for example, $349,519.46 for 14,686 shares on 03/31/2026). Buyer identities and net proceeds after fees are not provided in the excerpt.

Does Form 144 confirm the proposed sale was completed?

No. Form 144 is a notice of intention to sell and does not by itself confirm completion. The excerpt records prior executed 10b5-1 sales but does not state whether the newly reported 10,000-share resale has settled.