CWAN (NYSE: CWAN) shareholder files Rule 144 notice to sell stock

Rhea-AI Filing Summary

A CWAN shareholder filed a Rule 144 notice to sell 11,275 shares of common stock through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of $245,907.75. The filing notes that 288,154,032 shares of this class are outstanding.

The shares to be sold come from two sources: 6,275 shares acquired by exercising stock options for cash on 12/15/2025 and 5,000 shares previously received as restricted stock units on 01/01/2024. This mix shows both option-based and equity award holdings being sold.

Over the prior three months, the same seller, including sales under a 10b5-1 trading plan, has completed several transactions, such as 29,700 shares sold on 11/25/2025 for $653,400.00 and 5,919 shares sold on 09/30/2025 for $104,631.35. The representation section states the seller does not know of any undisclosed material adverse information about the issuer.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	11275	245907.75	288154032	12/15/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	12/15/2025	Exercise of Stock Options	Issuer			6275	12/15/2025	Cash
Common	01/01/2024	Restricted Stock Units	Issuer			5000	01/01/2024	N/A

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales Plan for JAMES COX 777 W. Main Street, Suite 900 Boise ID 83702	Common	11/25/2025	29700	653400.00
10b5-1 Sales Plan for JAMES COX 777 W. Main Street, Suite 900 Boise ID 83702	Common	11/17/2025	11275	222611.88
10b5-1 Sales Plan for JAMES COX 777 W. Main Street, Suite 900 Boise ID 83702	Common	10/15/2025	11275	202677.50
JAMES COX 777 W. Main Street, Suite 900 Boise ID 83702	Common	09/30/2025	5919	104631.35

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the CWAN Form 144 filing disclose?

It discloses that a CWAN shareholder has filed a Rule 144 notice to sell 11,275 shares of common stock on the NYSE through Morgan Stanley Smith Barney, including details on how the shares were acquired and recent prior sales.

How many CWAN shares are planned for sale under this Rule 144 notice?

The Rule 144 notice covers the planned sale of 11,275 shares of CWAN common stock, listed as the "Number of Shares or Other Units To Be Sold."

What is the market value of the CWAN shares covered by the planned sale?

The 11,275 CWAN common shares to be sold have an aggregate market value of $245,907.75 as stated in the filing.

How were the CWAN shares being sold under Rule 144 acquired?

According to the filing, 6,275 shares were acquired on 12/15/2025 by exercising stock options for cash, and 5,000 shares were acquired on 01/01/2024 as restricted stock units from the issuer.

What recent CWAN share sales has this stockholder completed?

In the past three months, the filing lists several sales, including 29,700 shares of common stock sold on 11/25/2025 for $653,400.00 and 5,919 shares sold on 09/30/2025 for $104,631.35, with some sales executed under a 10b5-1 plan.

How many CWAN common shares are outstanding according to this filing?

The securities information section states that there are 288,154,032 CWAN common shares outstanding.

What representation does the CWAN seller make in this Rule 144 notice?

By signing the notice, the seller represents that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.