Clearwater Analytics Holdings, Inc. discloses regulatory information on its investment management technology business, operating results, and capital structure. Its Form 8-K filings document quarterly financial results, non-GAAP reconciliations, material-event disclosures, material agreements, and capital-structure updates tied to the company’s cloud-native platform model.
Clearwater’s proxy and related filings cover shareholder voting matters, governance disclosures, board and compensation items, risk factors, and formal records for corporate actions. The filing record also reflects disclosure areas relevant to a public software company serving institutional investors, including recurring revenue metrics, debt and equity matters, and shareholder approval processes.
SOUVIK DAS submitted a Form 144 disclosure showing proposed sales of Common stock and recent brokered transactions. The filing lists 10,000 Restricted Stock Units dated 02/28/2024 as securities to be sold through Morgan Stanley Smith Barney LLC. The filing also reports recent Rule 10b5-1 sales: 14,686 shares for $349,519.46 on 03/31/2026, 10,000 shares for $233,730.00 on 03/09/2026, 88,848 shares for $2,082,748.16 on 02/18/2026, and 10,000 shares for $238,875.00 on 02/09/2026.
Clearwater Analytics Holdings, Inc. proposes to merge with GT Silver BidCo, Inc. in a cash merger at $24.55 per share. The Board and a Special Committee recommended the Merger after receiving fairness opinions from PJT Partners and J.P. Morgan. Stockholders will vote at a virtual special meeting on May 6, 2026; record date was April 6, 2026 when 298,388,859 shares were outstanding. Parent has equity commitments of $5,904,969,802 and debt commitments totaling $3,525,000,000; the Merger is not conditioned on financing. Company equity awards, OpCo units and Class B shares will be exchanged and converted into Class A shares that are entitled to the Merger consideration, appraisal rights are available under Section 262 of the DGCL, and closing remains subject to regulatory clearances and other customary conditions.
Clearwater Analytics Holdings, Inc. is asking stockholders to approve a proposed merger under an Agreement and Plan of Merger dated December 20, 2025, by which GT Silver Merger Sub will merge into the Company and the surviving entity will be owned by funds managed by Permira, Warburg Pincus, Francisco Partners and Temasek. At the Effective Time, each outstanding share of Company Class A common stock (other than excluded or appraisal shares) will convert into the right to receive $24.55 per share in cash.
The Board and a Special Committee of independent directors, after receiving fairness opinions from PJT Partners and J.P. Morgan, recommend that stockholders vote FOR the Merger Agreement Proposal, the advisory compensation proposal and the adjournment proposal. The proxy describes financing commitments, a mandatory OpCo Units Exchange, appraisal rights under Section 262 (DGCL), customary closing conditions, go-shop/no-solicit provisions, and termination fees.
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. filed an amended annual report to add director, governance and executive compensation details and to update certifications. The company also outlines a proposed go‑private Merger valued at approximately $8.4 billion, offering Class A stockholders $24.55 in cash per share if completed.
For 2025, Clearwater reports total revenue of $731.4 million, up 62% from 2024, and Annualized Recurring Revenue of $841.0 million, up 77%. Gross revenue retention remained at 98% and net revenue retention was 109%. Adjusted EBITDA reached $248.2 million with a 34% margin, but the company recorded a net loss of $40.3 million. The filing provides extensive disclosure on pay‑for‑performance philosophy, PSU/RSU awards, 2025 bonus outcomes and severance and change‑in‑control protections for senior executives.
Clearwater Analytics Holdings Inc amendment to a Schedule 13G/A reports that The Vanguard Group beneficially owns 0 shares of Common Stock, representing 0% of the class as of the filing. The amendment explains an internal realignment effective January 12, 2026 that caused disaggregated reporting by Vanguard subsidiaries.