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 reported insider transactions by its Chief Financial Officer, Jim Cox. On 12/15/2025, he exercised stock options to acquire 12,465 and 3,574 shares of Class A common stock at an exercise price of $4.40 per share, then sold portions of his holdings in several trades at weighted average prices around $21.34 to $21.88 per share.
Some shares, including 7,595 and 2,169 shares, were withheld to cover tax withholding obligations in connection with the option exercises, a process mandated by the issuer and not a discretionary sale. The transactions were made under a Rule 10b5-1 trading plan adopted on March 11, 2024. After these moves, Cox directly owns 328,983 Class A shares and holds 163,755 stock options expiring on 05/20/2029.
Clearwater Analytics Holdings, Inc. reported an insider stock sale by its Chief Technology Officer, Souvik Das. On 12/08/2025, he sold 10,000 shares of Class A common stock at a weighted average price of $21.588 per share, executed in multiple trades between $21.35 and $21.91.
The sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on May 5, 2025, which is designed to allow insiders to sell shares according to a set schedule. After this transaction, Souvik Das beneficially owns 96,186 shares, which include shares acquired on December 1, 2025 through the company’s Employee Stock Purchase Plan in a transaction exempt under Rule 16b-3(c).
Clearwater Analytics Holdings, Inc. (CWAN) reported insider activity by its Chief Financial Officer on a Form 4. On 11/25/2025, the CFO exercised a stock option for 75,427 shares of Class A common stock at an exercise price of $4.40 per share, increasing direct ownership.
On the same date, 45,727 shares were withheld and disposed of at $22 per share to cover tax withholding obligations mandated by the company, which the filing notes were not discretionary. In addition, the CFO sold 29,700 shares of Class A common stock at $22 per share under a Rule 10b5-1 trading plan adopted on March 11, 2024. After these transactions, the CFO directly owned 333,983 shares of Class A common stock and held 179,794 stock options as derivative securities.
Clearwater Analytics Holdings, Inc. (CWAN) Chief Financial Officer Jim Cox filed a Form 4 reporting stock option exercises and related share sales on 11/17/2025. He exercised stock options with an exercise price of $4.40 for 12,727 and 3,685 shares of Class A common stock. On the same day, he reported several sales of Class A shares, including transactions at weighted average prices of about $19.54 and $19.7717, some of which were executed under a Rule 10b5-1 trading plan adopted on March 11, 2024. Certain shares were withheld to cover tax obligations in connection with the option exercises. Following these transactions, Cox directly beneficially owned 333,983 shares of Class A common stock and held 267,948 and 255,221 stock options, each exercisable for Class A shares.
Clearwater Analytics (CWAN) Chief Technology Officer Souvik Das reported two open-market sales of Class A common stock on 11/12/2025 via Form 4. He sold 10,000 shares at a weighted average price of $20.1194 and another 10,000 shares at $20.30, executed under a Rule 10b5-1 trading plan adopted on May 5, 2025.
Following these transactions, Das beneficially owned 106,066 shares. The filing notes the first transaction included multiple trades between $20.06 and $20.30.
Clearwater Analytics (CWAN) insider activity: Chief Technology Officer Souvik Das reported RSU vesting and related sales on 09/30/2025. He acquired 5,156 and 4,688 shares of Class A common stock at $0.00 upon RSU settlement, then sold 2,537 and 2,790 shares at $17.6772 to cover tax withholding under a mandated “sell to cover.”
Following these transactions, directly held shares were 126,066. Derivative holdings reported included RSUs with 42,187 and 67,031 units remaining. The filing is an amendment made solely to correct the total number of derivative securities beneficially owned; it does not change the previously reported transactions.
Clearwater Analytics (CWAN) CFO Jim Cox reported insider trades on 10/15/2025. He exercised 16,898 stock options at $4.40, then sold 6,275 shares at $17.92 and 5,000 shares at a $18.0459 weighted average. The filing also shows 10,623 shares withheld to cover taxes, a sale mandated by the company. These transactions were made under a Rule 10b5‑1 trading plan adopted on March 11, 2024.
Following the activity, his directly held Class A shares stood at 338,983, and he reported 271,633 derivative securities (options) remaining. One sale included multiple trades between $17.96 and $18.17.
Insider transactions by Scott Erickson, Chief Revenue Officer of Clearwater Analytics (CWAN). On 09/30/2025 Mr. Erickson had restricted stock units (RSUs) vest and settle into Class A common stock: 3,125 shares from one grant and 5,156 shares from a second grant. Concurrently, he sold 2,805 and 1,700 shares on the same date to satisfy tax withholding under the issuer's mandatory "sell to cover" policy. After these transactions, Mr. Erickson directly beneficially owned 19,552 Class A shares. The RSUs have scheduled quarterly vesting (6.25% every three months) and settlement schedules extending through 2034 and 2035 for the two grants.
Insider transactions at Clearwater Analytics (CWAN): Jim S. Cox, the company’s Chief Financial Officer, had Restricted Stock Units vest on 09/30/2025 and received a total of 10,938 Class A common shares from two vesting events (3,125 and 7,813 shares). Following vesting, the reporting person sold 5,919 shares on the same date to cover tax-withholding obligations at an average price of $17.6772 per share, leaving 343,983 shares beneficially owned directly. The sales were described as mandatory "sell-to-cover" transactions required by the issuer and not discretionary trades by the reporting person.
Clearwater Analytics Holdings, Inc. (CWAN) Chief Financial Officer James S. Cox reported multiple transactions on 09/15/2025, including exercises of previously granted stock options and several share sales. The Form 4 shows two option exercises at a $4.40 exercise price for 12,782 and 3,675 shares, and multiple dispositions totaling 12,275 shares sold at weighted-average prices around $19.48–$19.71 per share. Following these transactions, the reporting person beneficially owned 338,964 Class A shares. Two of the sales were made pursuant to a Rule 10b5-1 trading plan and certain shares were withheld by the issuer to satisfy tax withholding obligations related to option exercises.