Every Form 4 that Clearwater Analytics Hldgs Inc (CWAN) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow CWAN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CWAN filings page.
Clearwater Analytics Holdings, Inc.’s Chief Financial Officer, James S. Cox, reported a series of equity dispositions and awards tied to the company’s cash merger with GT Silver BidCo, Inc.
On Class A Common Stock, he disposed of 480,419 shares at $24.55 per share in a transaction coded as a disposition to the issuer, consistent with the merger terms that convert each outstanding share into the right to receive $24.55 in cash.
Cox also disposed of multiple fully vested stock options, restricted stock units (RSUs), and performance stock units (PSUs), which were cancelled at the merger effective time in exchange for cash based on the same $24.55 per-share merger consideration, less any option exercise price where applicable. The filing notes that PSU performance conditions were deemed achieved at 110% of target. In connection with this, he received new PSU grants for 91,665 and 18,333 units, which remain subject to their time-vesting schedules.
Clearwater Analytics Holdings, Inc. Chief Revenue Officer Scott Stanley Erickson reported multiple equity transactions tied to the company’s merger. Each share of Class A Common Stock was converted into the right to receive $24.55 in cash under the Agreement and Plan of Merger.
Erickson disposed of 155,119 shares of Class A Common Stock and various stock options, RSUs and PSUs to the issuer for cash consideration based on the $24.55 per-share Merger Consideration, with options reduced by their exercise price where applicable. Following these transactions, he no longer directly holds Clearwater common stock, but retains certain performance stock units and options that continue to be subject to time-vesting conditions or now relate to an affiliate of the buyer.
Clearwater Analytics Holdings, Inc. director and officer Sandeep Sahai reported a series of equity award disposals and grants connected to the company’s merger with GT Silver BidCo, Inc. Under the merger terms, each Class A share was converted into the right to receive $24.55 in cash.
Sahai disposed of 1,416,794 shares of Class A Common Stock at $24.55 per share to the issuer and reported no Class A shares held directly afterward. Multiple stock options, restricted stock units, and performance stock units were canceled for cash based on the same merger consideration, with performance units deemed earned at 110% of target but remaining subject to time-vesting conditions.
Clearwater Analytics Holdings, Inc. Chief Operating Officer Subi Sethi reported merger-related equity transactions tied to the company’s sale to GT Silver BidCo, Inc. Each share of Class A Common Stock was converted into the right to receive $24.55 in cash per share under an Agreement and Plan of Merger dated December 20, 2025.
Sethi disposed of 388,256 shares of Class A Common Stock and multiple awards of stock options, restricted stock units (RSUs), and performance stock units (PSUs) in dispositions to the issuer, all in exchange for cash based on the $24.55 merger consideration. Following these transactions, direct common stock holdings reported in this filing fell to zero.
The filing also shows Sethi received new PSU grants of 91,665 units and 45,833 units. Footnotes state PSU performance conditions were deemed achieved at 110% of target under the merger agreement, and these awards, as well as certain cash payments on PSUs and RSUs, remain subject to time-vesting conditions.
Clearwater Analytics Holdings, Inc. Chief Technology Officer Souvik Das reported multiple equity transactions tied to the company’s merger with GT Silver BidCo, Inc. On June 25, 2026, he disposed of 180,372 shares of Class A Common Stock and several equity awards back to the issuer.
Under the merger agreement, each share of Common Stock was converted into the right to receive $24.55 in cash per share as merger consideration. Outstanding options, RSUs and PSUs were generally canceled for cash based on this price, with a portion of options becoming options in an affiliate of the buyer.
The filing also shows Das received new grants of 60,500 and 27,500 Performance Stock Units, with performance deemed achieved at 110% of target and remaining subject to time-vesting conditions. Following these transactions, he reported no direct Common Stock holdings and 263,713 stock options outstanding at an exercise price of $17.84 per share.
Clearwater Analytics Holdings, Inc. director Jacques Aigrain reported dispositions of all his equity interests in connection with the company’s cash merger. On June 25, 2026, he disposed of 20,481 shares of Class A Common Stock at $24.55 per share in a transaction with the issuer, leaving him with zero common shares.
Footnotes explain this occurred under an Agreement and Plan of Merger dated December 20, 2025, which converted each outstanding Class A share into the right to receive $24.55 in cash at the merger’s effective time. All reported stock options and director RSUs, which were fully vested, were canceled at the effective time in exchange for cash equal to the merger consideration per underlying share, less any aggregate exercise price for options.
Clearwater Analytics Holdings, Inc. director Lisa Jones disposed of her equity as part of a cash merger. She returned 26,584 shares of Class A Common Stock to the issuer and canceled 15,339 Restricted Stock Units, all in connection with a merger transaction.
Under the Agreement and Plan of Merger, each share of Class A Common Stock was converted at the effective time into the right to receive $24.55 in cash, without interest. All vested awards and director RSUs were canceled for a cash payment based on this $24.55 merger consideration, and Jones reported zero shares and RSUs remaining after the transaction.
Clearwater Analytics director Eric J. Lee completed a merger-driven cash-out of his holdings. A total of 531,457 shares of Class A Common Stock, held directly and through the Eric J Lee 2014 Irrevocable Trust, were disposed to the company for cash consideration of $24.55 per share under a previously signed Agreement and Plan of Merger.
Immediately before the merger’s effective time, 220,137 CWAN Holdings LLC Interests and an equal number of Class B Common shares associated with Lee and the trust were exchanged into Class A shares, which then received the same cash payout. Following these transactions, no Class A or Class B shares or LLC Interests are reported as owned.
Clearwater Analytics Holdings director Bas NieuweWeme reported the disposition of 16,713 Restricted Stock Units in connection with the company’s merger. These RSUs, which were originally scheduled to vest in three equal installments through August 2028, were tied to Clearwater’s Class A Common Stock.
Under the Agreement and Plan of Merger dated December 20, 2025, each share of Class A Common Stock outstanding immediately before the merger’s effective time was converted into the right to receive $24.55 in cash per share. At that effective time, all outstanding vested awards and director RSUs were canceled in exchange for a cash payment equal to this merger consideration multiplied by the number of shares underlying each award, resulting in the reported disposition and no remaining RSU holdings for the director in this filing.
Clearwater Analytics Holdings, Inc. director Christopher Hooper reported transactions tied to the company’s cash merger. The Hooper Family Trust first exchanged 136,573 CWAN Holdings LLC Interests and 136,573 shares of Class B Common Stock for Class A Common Stock immediately before the merger’s effective time. This left the trust holding 241,833 shares of Class A Common Stock. Those 241,833 Class A shares were then disposed of to the issuer for $24.55 per share in cash under the Agreement and Plan of Merger. Following these transactions, the filing shows no remaining indirect holdings for the trust.
Clearwater Analytics Holdings, Inc. director Mukesh Aghi reported a disposition of equity awards tied to the company’s go-private merger. Aghi surrendered 15,339 Restricted Stock Units, each representing one share of Class A Common Stock, in a transaction coded as a disposition to the issuer.
Under the merger agreement with GT Silver BidCo, each share of Class A Common Stock outstanding immediately before the effective time was converted into the right to receive $24.55 in cash per share. At the effective time, all outstanding vested awards and director RSUs were canceled in exchange for a cash payment based on this merger consideration and the number of shares underlying the awards. Following this transaction, Aghi reported zero RSUs remaining from this grant.
Clearwater Analytics Holdings director D. Scott Mackesy reported selling 633,879 shares of Class A Common Stock on June 15, 2026 in an open-market transaction. The weighted average sale price was $24.296 per share, with individual trades executed between $24.2600 and $24.3250 under Rule 144.
The shares consisted of 427,776 shares previously held directly by Mackesy and 206,103 shares held by The D Scott Mackesy 2014 Irrevocable Descendants Trust. Following these sales, the Form 4 reports 0 shares of this security remaining under the reported ownership line.
Clearwater Analytics Holdings director Christopher Hooper reported a charitable transfer of shares held indirectly through The Hooper Family Trust. The filing shows a bona fide gift of 30,000 shares of Class A Common Stock to National Philanthropic Trust for a donor-advised fund. After the gift, the trust continues to hold 105,260 shares indirectly attributed to Hooper.
Clearwater Analytics Holdings, Inc. Chief Technology Officer Souvik Das reported an open-market sale of 10,000 shares of Class A Common Stock at a weighted average price of $24.354 per share. The trade was executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 6, 2025.
Following this transaction, Das directly holds 180,109 shares of Clearwater Analytics common stock. The filing indicates the sale was carried out in multiple trades within a price range of $24.34 to $24.38 per share.
Clearwater Analytics Holdings, Inc. director D. Scott Mackesy converted interests in CWAN Holdings LLC and related Class B shares into Class A Common Stock. He exchanged 201,125 LLC Interests held directly and 91,055 LLC Interests held by The D. Scott Mackesy 2014 Irrevocable Descendants Trust, together with an equal number of Class B shares, for 292,180 Class A shares for no consideration. After the transaction, his reported holdings total 633,879 Class A shares, including 427,776 held directly and 206,103 held by the trust. This is a non-market conversion, not an open‑market purchase or sale.
Clearwater Analytics Holdings, Inc. Chief Technology Officer Souvik Das reported an open-market sale of 10,000 shares of Class A common stock on May 8, 2026 at a weighted average price of $24.3359 per share.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan, as noted in the footnotes, indicating it was scheduled in advance rather than timed opportunistically. Following this transaction, Das directly holds 190,109 shares, so he retains a substantial ongoing equity stake in the company.
Clearwater Analytics Holdings Chief Financial Officer James S. Cox exercised stock options and completed associated share sales and tax transactions in Class A Common Stock. He exercised 36,968 stock options at an exercise price of $4.40 per share, receiving an equal number of shares. On the same date, he disposed of 23,268 shares to cover tax obligations, classified as tax-withholding transactions, and sold 18,700 shares in open-market trades at weighted-average prices of around $24.07 per share. According to the disclosures, these sales were carried out under a prearranged Rule 10b5-1 trading plan and include issuer-mandated tax withholding, indicating they were largely routine rather than fully discretionary. After all transactions, Cox directly held 480,419 shares of Clearwater Analytics Class A Common Stock.
Clearwater Analytics Holdings, Inc. Chief Technology Officer Souvik Das reported an open-market sale of 10,000 shares of Class A Common Stock at a weighted average price of about $24.01 per share. The transaction on April 8, 2026 was executed under a pre-arranged Rule 10b5-1 trading plan, and Das continues to hold 200,109 shares directly after the sale, indicating he retained the vast majority of his stake.
Clearwater Analytics Holdings, Inc. Chief Revenue Officer Scott Erickson reported compensation-related stock activity involving Restricted Stock Units (RSUs) and Class A Common Stock. On March 31, 2026, he exercised RSUs covering 35,279 Class A shares at a $0.00 exercise price, increasing his direct holdings.
On the same date, he sold a total of 18,790 Class A shares in open-market transactions at $23.7995 per share. A footnote explains these sales were mandated "sell to cover" transactions to fund tax withholding obligations tied to RSU vesting, and did not represent discretionary trades. After these transactions, he directly held 155,119 Class A shares.
Clearwater Analytics Holdings, Inc. Chief Financial Officer James S. Cox reported compensation-related equity activity involving Restricted Stock Units on March 31, 2026. He exercised RSU-derived derivative positions to acquire 37,936 shares of Class A Common Stock at an exercise price of $0.00 per share, reflecting vesting of previously granted awards.
On the same date, Cox sold 21,631 shares of Class A Common Stock at an average price of $23.7995 per share. A footnote explains these sales were made to cover tax withholding obligations in connection with RSU vesting under a mandated “sell to cover” arrangement and are not discretionary trades. Following these transactions, Cox directly held 485,419 shares of Class A Common Stock.
Clearwater Analytics Holdings Chief Technology Officer Souvik Das reported the vesting of Restricted Stock Units on Class A Common Stock. On March 31, 2026, RSU vesting converted into 27,663 shares of Class A Common Stock at an exercise price of $0.00 per share.
On the same date, Das sold a total of 14,686 shares of Class A Common Stock at an average price of $23.7995 per share to cover tax withholding obligations in connection with the RSU vesting, pursuant to an issuer-mandated “sell to cover” arrangement. Following these transactions, Das directly holds 210,109 Class A Common shares.
Clearwater Analytics Holdings, Inc. Chief Client Officer Subi Sethi reported multiple equity transactions on Class A Common Stock tied to Restricted Stock Units. Sethi exercised RSUs to acquire a total of 42,624 shares at a conversion price of $0.00 per share as part of scheduled vesting.
On the same date, Sethi sold 19,858 shares of Class A Common Stock at an average price of $23.7995 per share. Footnotes state these sales were mandated "sell to cover" transactions to satisfy tax withholding obligations related to RSU vesting, not discretionary sales. Following the transactions, Sethi directly held 388,256 shares of Class A Common Stock.
Clearwater Analytics CEO Sandeep Sahai reported routine equity compensation activity. On March 31, 2026, Restricted Stock Units vested into 110,448 shares of Class A Common Stock at an effective price of $0.00 per share.
To cover related tax withholding obligations, Sahai sold 51,967 shares of Class A Common Stock at an average price of $23.7995 per share in issuer-mandated "sell to cover" transactions, which the company states were not discretionary. After these transactions, he directly owned 1,415,619 Class A shares. Footnotes also describe ongoing quarterly RSU vesting schedules through future years.
Clearwater Analytics Holdings, Inc. Chief Financial Officer James S. Cox exercised stock options and completed related share dispositions. Cox exercised options to acquire 37,235 shares of Class A common stock at $4.40 per share, converting a derivative award into common shares. In connection with this exercise, 23,535 shares were withheld at a weighted average price around $23.32 to cover tax obligations, and 18,700 shares were sold in the open market at weighted average prices between $23.27 and $23.44.
The company indicates that the tax-related portion of the sale was mandated and not discretionary, and that the sale transactions were executed under a Rule 10b5-1 trading plan adopted on March 11, 2024. After these transactions, Cox directly holds 469,114 shares of Class A common stock.
Clearwater Analytics Holdings, Inc. Chief Technology Officer Souvik Das reported an open-market sale of 10,000 shares of Class A Common Stock at a weighted average price of $23.373 per share. After the transaction, he directly holds 197,132 shares.
The sale on March 9, 2026 was executed in multiple trades at prices ranging from $23.29 to $23.46 per share. According to a footnote, the sale was effected under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2025, indicating it was scheduled in advance rather than timed discretionarily.
Clearwater Analytics Holdings, Inc. Chief Client Officer Subi Sethi reported multiple equity award vestings and related tax sales in Class A Common Stock. On February 18, 2026, Sethi acquired a total of 164,998 shares through the vesting of performance stock units tied to the company’s 2025 revenue growth from grants made in 2023, 2024, and 2025.
On the same date, Sethi sold 76,689 shares at an average price of $23.4417 per share. Footnotes state these sales were mandated "sell to cover" transactions to satisfy tax withholding obligations upon PSU vesting and were not discretionary trades. Following these transactions, Sethi directly owned 365,490 shares of Class A Common Stock.
Clearwater Analytics Holdings, Inc. Chief Financial Officer James S. Cox reported multiple equity compensation events in Class A common stock. On February 18, 2026, he acquired 18,332, 45,833, and 113,182 shares through vesting and settlement of performance stock units tied to the company’s revenue growth in 2025.
On the same date, Cox sold 9,710, 24,275, and 59,945 shares at an average price of $23.4417 per share to cover tax withholding obligations from these PSU vestings, as required by the company’s “sell to cover” election. After these transactions, he held 474,114 shares of Class A common stock directly.
Clearwater Analytics Holdings, Inc. CEO Sandeep Sahai reported a mix of equity award vesting and related tax sales in Class A Common Stock. On February 18, 2026, he acquired 73,558, 129,012, and 295,471 shares through the vesting and settlement of performance stock units (PSUs) granted in 2023, 2024, and 2025, which vested based on revenue growth performance in 2025.
On the same date, he sold 34,533, 60,567, and 138,713 shares of Class A Common Stock at $23.4417 per share in open-market transactions to cover tax withholding obligations associated with these PSU settlements. A footnote states these “sell to cover” transactions were mandated by the company and were not discretionary. Following the reported transactions, Sahai’s directly held Class A Common Stock reflected updated totals in the filing, including a 13‑share adjustment to correct his beneficial ownership figure.
Clearwater Analytics Holdings, Inc. Chief Revenue Officer Scott Stanley Erickson reported multiple equity award settlements and related share sales involving Class A Common Stock. On the reported date, he acquired shares through the vesting of performance stock units granted in 2023, 2024, and 2025, which vested based on the company’s 2025 revenue growth performance criteria.
Following these vestings, he sold 74,530 shares at a price of $23.4417 per share in open-market transactions. According to the disclosure, these sales were mandated "sell to cover" transactions to satisfy tax withholding obligations and were not discretionary. After all transactions, Erickson directly owned 138,630 shares of Class A Common Stock.
Clearwater Analytics Holdings Chief Technology Officer Souvik Das reported vesting of multiple performance stock units that converted into Class A common stock on February 18, 2026. These PSUs were granted in 2023, 2024, and 2025 and vested based on the company’s revenue growth performance in 2025.
On the same date, Das sold 88,848 shares of Class A common stock at $23.4417 per share in open-market transactions. According to the disclosure, these sales were required to cover tax withholding obligations under a “sell to cover” election and were not discretionary trades. After these transactions, Das directly owned 207,132 Class A shares.
Clearwater Analytics Holdings, Inc. Chief Financial Officer James S. Cox reported multiple equity transactions dated February 17, 2026. He exercised stock options that converted into shares of Class A common stock and then reported related dispositions.
The filing shows open-market or private-sale transactions totaling 18,700 shares of Class A common stock, executed at weighted-average prices in the $22–$23 range under a Rule 10b5-1 trading plan adopted on March 11, 2024. Additional shares were withheld and disposed of to satisfy exercise price and tax withholding obligations, which the company describes as mandated rather than discretionary.
After all exercises, sales, and tax-related dispositions, Cox directly held 390,697 shares of Clearwater Analytics Class A common stock.
Clearwater Analytics Holdings, Inc. granted Chief Technology Officer Souvik Das 142,548 restricted stock units (RSUs) on February 11, 2026. Each RSU represents a right to receive one share of the company’s Class A common stock at no cash exercise price.
According to the vesting schedule, 12.5% of the RSUs vest at the end of each 3‑month period for two years following January 1, 2026, with shares delivered within thirty days after each vesting date. Following this award, Das directly beneficially owns 142,548 derivative securities in the form of RSUs.
Cox James S reported acquisition or exercise transactions in this Form 4 filing.
Clearwater Analytics Holdings, Inc.’s Chief Financial Officer James S. Cox reported an equity award of 215,982 restricted stock units (RSUs) on February 11, 2026. Each RSU represents a right to receive one share of Class A Common Stock, held as direct beneficial ownership.
The RSUs follow a time-based vesting schedule: 12.5% of the units vest at the end of each three-month period over the next two years following January 1, 2026. Vested RSUs will settle in shares within thirty days after each applicable vesting date, aligning the CFO’s compensation more closely with shareholder interests over this period.
Erickson Scott Stanley reported acquisition or exercise transactions in this Form 4 filing.
Clearwater Analytics Holdings, Inc.’s Chief Revenue Officer, Scott Erickson, reported receiving a grant of derivative equity on February 11, 2026. He was awarded 215,982 restricted stock units (RSUs), each representing the right to receive one share of the company’s Class A Common Stock at a price of $0.00 per unit.
According to the award terms, 12.5% of these RSUs will vest at the end of each three‑month period for two years following January 1, 2026, with settlement in shares within thirty days after each vesting date. All 215,982 derivative securities are reported as directly owned following this transaction.
Sethi Subi reported acquisition or exercise transactions in a Form 4 filing for CWAN. The filing lists transactions totaling 215,982 shares. Following the reported transactions, holdings were 215,982 shares.
Clearwater Analytics Holdings, Inc. reported that its Chief Executive Officer and director, Sandeep Sahai, received an equity award of restricted stock units. On February 11, 2026, he was granted 607,341 RSUs, each representing a right to receive one share of Class A Common Stock.
The RSUs carry an exercise price of $0.00 and are held directly. According to the vesting schedule, 12.5% of the RSUs vest at the end of each 3‑month period for two years following January 1, 2026, with shares settling within thirty days after each vesting date.
Clearwater Analytics Holdings, Inc. Chief Technology Officer Souvik Das sold 10,000 shares of Class A common stock on February 9, 2026 in an open-market transaction at a weighted average price of $23.8875 per share.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 5, 2025, and occurred through multiple trades between $23.81 and $23.93 per share. Following this transaction, Das beneficially owns 128,230 shares of Clearwater Analytics Class A common stock in direct form.
Clearwater Analytics Holdings, Inc. Chief Financial Officer James S. Cox reported several equity transactions in Class A common stock and stock options on January 15, 2026. He exercised stock options (transaction code M) to acquire multiple blocks of Class A shares at an exercise price of $4.40 per share, with related option positions reduced accordingly.
Some shares (transaction code F) were withheld and sold at prices around $24.14 per share to satisfy tax withholding obligations in connection with the option exercises, which the company mandates and which are not discretionary for Cox. Additional sales (transaction code S) of Class A common stock at weighted average prices near $24.14 were carried out under a Rule 10b5-1 trading plan adopted on March 11, 2024. Following these transactions, Cox directly beneficially owned 395,697 shares of Class A common stock and continued to hold stock options, including 110,788 derivative securities reported as beneficially owned after one of the option exercises.
Clearwater Analytics Holdings, Inc. insider activity: Chief Technology Officer Souvik Das reported selling 10,000 shares of Class A Common Stock of Clearwater Analytics on 01/08/2026. The shares were sold at a weighted average price of $24.0825 per share under a pre-established Rule 10b5-1 trading plan adopted on May 5, 2025. The sale was executed in multiple trades at prices ranging from $24.075 to $24.10 per share. Following this transaction, Das beneficially owns 138,230 shares, after a 6-share adjustment to correct the reported holdings.
Clearwater Analytics Holdings, Inc. insider filing shows equity awards vesting and tax-related sales. Chief Technology Officer Souvik Das reported multiple transactions in Class A common stock dated 01/01/2026. Restricted Stock Units converted into 75,000 shares, 9,375 shares, and 4,687 shares of Class A common stock at an exercise price of $0.00. On the same date, 34,058 shares, 5,024 shares, and 2,512 shares of Class A common stock were sold at $24.0925 per share to cover tax withholding obligations related to the RSU vesting, as mandated by the issuer. Following these transactions, Das directly beneficially owned 148,224 shares of Class A common stock. The filing also shows 75,000 Restricted Stock Units outstanding, each RSU representing a right to receive one share, with vesting in 25% installments over four years starting on specified commencement dates.
Clearwater Analytics Holdings, Inc. insider activity: the company’s Chief Financial Officer, Jim Cox, reported equity award vesting and related share sales dated 01/01/2026. He acquired 77,169 and 53,170 shares of Class A common stock at an exercise price of $0.00 per share upon the vesting of Restricted Stock Units (RSUs).
On the same date, he sold 35,220 and 28,489 Class A shares at a price of $24.0925 per share. The filing explains these sales were made to cover tax withholding obligations tied to the RSU vesting and were required under the company’s “sell to cover” election, not discretionary trades. After these transactions, he directly holds 400,691 Class A shares and 77,170 RSUs that continue to vest in 25% annual installments starting from 01-Jan-2023.
Clearwater Analytics Holdings, Inc. reported insider equity activity for its Chief Revenue Officer on a recent Form 4. On 01/01/2026, the officer acquired 62,500 and 31,424 shares of Class A common stock at an exercise price of $0.00 upon the vesting of previously granted Restricted Stock Units (RSUs). On the same date, the officer sold 16,894 and 27,492 shares of Class A common stock at $24.0925 per share to cover tax withholding obligations related to the RSU vesting, as required by the company’s elected “sell to cover” policy, so these were not discretionary sales. Following these transactions, the officer directly owned 72,917 shares of Class A common stock.
Clearwater Analytics Holdings, Inc. reported insider equity activity by its Chief Client Officer on 01/01/2026. The officer acquired 67,575 shares of Class A common stock at $0.00 per share through the vesting and settlement of Restricted Stock Units (RSUs) in two lots of 50,000 and 17,575 shares.
On the same date, the officer sold a total of 25,646 shares of Class A common stock in two trades of 17,382 and 8,264 shares at $24.0925 per share to cover tax withholding obligations related to the RSU vesting, as required under a "sell to cover" election by the issuer. Following these transactions, the officer directly owned 277,189 shares of Class A common stock and held 50,000 RSUs that remain outstanding and are scheduled to vest in 25% annual installments beginning on 01/01/2023.
Clearwater Analytics Holdings CEO Sandeep Sahai reported equity transactions involving Class A Common Stock on 01/01/2026. The filing shows the vesting of 93,861 and 201,457 Restricted Stock Units at an exercise price of $0.00, which converted into the same number of Class A shares.
On the same date, 89,551 and 44,579 shares of Class A Common Stock were sold at $24.0925 per share to cover tax withholding obligations tied to the RSU vesting. These sales were made under a mandatory "sell to cover" arrangement elected by the company, rather than as discretionary sales by the CEO. After these transactions, Sahai beneficially owned 1,092,923 shares of Class A Common Stock directly. The RSUs referenced vest in four equal annual installments, beginning on 01-Jan-2022 and 01-Jan-2023, subject to continued service.
Clearwater Analytics Holdings, Inc. CFO Jim Cox reported equity award activity and related share sales. On 12/31/2025, Restricted Stock Units (RSUs) covering 3,125 and 7,812 shares of Class A Common Stock vested and were converted into shares at an exercise price of $0.00. On the same date, 4,185 and 1,674 shares of Class A Common Stock were sold at $24.0836 per share to cover tax withholding obligations under a mandated “sell to cover” election, described as non-discretionary for the reporting person.
After these transactions, Cox beneficially owned 334,061 shares of Class A Common Stock directly. He also held 25,000 RSUs expiring on 02/28/2034 and 93,750 RSUs expiring on 02/13/2035. The RSUs vest in 6.25% increments at the end of each 3‑month period over four years following January 1, 2024 and January 1, 2025, respectively, with settlement within thirty days of each vesting date.
Clearwater Analytics Holdings, Inc. Chief Technology Officer Souvik Das reported automatic share transactions tied to restricted stock unit (RSU) vesting. On 12/31/2025, RSUs converted into 4,687 Class A common shares and another 5,156 Class A common shares at an exercise price of $0.00 per share. These were reported as acquisitions.
On the same date, Das reported two sales of Class A common stock, with 2,762 shares and 2,511 shares sold at a price of $24.0836 per share. The filing explains that these sales were made solely to cover tax withholding obligations related to the RSU vesting under a mandatory “sell to cover” arrangement, and were not discretionary trades. After these transactions, Das directly beneficially owned 100,756 shares of Class A common stock.
Clearwater Analytics Holdings, Inc. insider activity: Chief Client Officer Subi Sethi reported equity transactions dated 12/31/2025. The filing shows the vesting of Restricted Stock Units (RSUs), resulting in the acquisition of 7,812 shares of Class A common stock at a price of $0.00 per share in two separate entries. On the same date, 3,672 shares in two separate entries were sold at $24.0836 per share.
According to the notes, the acquired shares came from RSUs that vested, and the sales were made to cover tax withholding obligations in connection with this vesting and settlement. The sales were mandated by the issuer’s “sell to cover” election and are described as not representing a discretionary transaction by the reporting person.
Clearwater Analytics Holdings, Inc. insider activity shows Chief Revenue Officer Scott Erickson reporting routine equity compensation events. On December 31, 2025, Restricted Stock Units (RSUs) converted into Class A common stock in two transactions, adding 3,125 and 5,156 shares at an exercise price of $0.00 per share. The filing states these shares were acquired upon the vesting of RSUs.
On the same date, Erickson sold 2,774 and 1,680 Class A shares at a price of $24.0836 per share. The explanation notes these sales were made to cover tax withholding obligations in connection with RSU vesting, pursuant to the issuer’s required “sell to cover” election, and are described as non-discretionary for the reporting person. Following the reported transactions, Erickson continued to hold Class A common stock directly and maintained unvested RSUs scheduled to vest quarterly over four-year periods starting January 1, 2024 and January 1, 2025.
Clearwater Analytics Holdings, Inc. chief executive officer and director Sandeep Sahai reported routine equity transactions tied to restricted stock units (RSUs). On December 31, 2025, RSUs covering 21,991 and 12,538 shares of Class A common stock vested and were settled at an exercise price of $0.00, increasing his directly held shares.
On the same date, he sold 5,953 and 10,441 Class A shares at $24.0836 per share to cover tax withholding obligations, as required by a sell-to-cover election, described as non‑discretionary for him. After these transactions, he directly held 931,735 and then 942,176 and finally 931,735 Class A shares across the sequence, along with 100,308 and 263,889 RSUs that continue to vest quarterly through 2034 and 2035.
Clearwater Analytics Holdings, Inc. Chief Financial Officer Jim Cox reported stock option exercises and related share transactions dated 12/17/2025.
He exercised stock options covering 18,857 shares of Class A common stock at an exercise price of $4.4 per share, increasing his holdings before subsequent dispositions. To cover tax withholding obligations in connection with this exercise and settlement, 11,432 shares were disposed of in a sale mandated by the company and not representing a discretionary transaction by him, at a price of $22 per share. He also sold 7,425 shares of Class A common stock at $22 per share pursuant to a Rule 10b5-1 trading plan adopted on March 11, 2024.
After these transactions, he beneficially owned 328,983 shares of Class A common stock and 144,898 stock options, all held directly.