Clearwater Board Member Shows Confidence with New RSU Grant Despite Partial Sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clearwater Analytics Holdings (CWAN) Director Kathleen A. Corbet reported multiple transactions on June 23, 2025:
- Acquired 10,334 Class A Common Stock shares through RSU vesting (originally granted June 11, 2024)
- Disposed of 2,481 shares at $21.65 per share for tax withholding purposes
- Received a new grant of 8,765 RSUs that will fully vest on June 23, 2026
Following these transactions, Corbet directly owns 22,351 shares of Class A Common Stock and 8,765 unvested RSUs. The transactions were reported via Form 4 filing, with Alphonse Valbrune signing as attorney-in-fact. These equity transactions align with standard director compensation practices and demonstrate continued alignment with shareholder interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,334 shares exercised/converted
Mixed
4 txns
Insider
CORBET KATHLEEN A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 10,334 | $0.00 | -- |
| Grant/Award | Restricted Stock Unit | 8,765 | $0.00 | -- |
| Exercise | Class A Common Stock | 10,334 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,481 | $21.65 | $54K |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct);
Class A Common Stock — 24,832 shares (Direct)
Footnotes (1)
- The Class A Common Stock represents shares acquired by the Reporting Person from the vesting of Restricted Stock Units ("RSUs") issued to the Reporting Person on June 11, 2024. The reporting person was granted Restricted Stock Units representing contingent right to receive one share of Clearwater Analytics Holdings Inc. common stock for each RSU. The award will vest fully on the one-year anniversary of grant.
FAQ
What insider trading activity occurred at CWAN on June 23, 2025?
Director Kathleen Corbet had multiple transactions on June 23, 2025: She acquired 10,334 shares of Class A Common Stock through vesting of RSUs at $0.00, then disposed of 2,481 shares at $21.65 per share. She was also granted 8,765 new RSUs on the same date.
What are the vesting terms for CWAN's new RSUs granted to Kathleen Corbet?
The 8,765 Restricted Stock Units granted on June 23, 2025 will vest fully on the one-year anniversary of the grant date (June 23, 2026). Each RSU represents the right to receive one share of Clearwater Analytics common stock.
Who is Kathleen Corbet and what is her role at CWAN?
Kathleen Corbet serves as a Director on the Board of Clearwater Analytics Holdings, Inc. (CWAN), as indicated by her relationship to the issuer being marked as 'Director' in the Form 4 filing.