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.
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.
James Cox submitted a Form 144 notice reporting proposed distributions of Common stock. The filing lists securities to be sold on 03/16/2026 tied to an Exercise of Stock Options (13,700 shares) and Restricted Stock Units dated 02/21/2023 (5,000 shares). The filing also discloses prior 10b5-1 sales, including 93,930 shares for $2,201,878.88 on 02/18/2026 and other dated sales shown in the excerpt.
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.
SOUVIK DAS submitted a Form 144 reporting proposed sales of Common stock. The filing lists a proposed sale quantity of 10,000 shares and records prior 10b5-1 sales including 88,848 shares sold on 02/18/2026 and additional 10,000-share sales on 02/09/2026 and 01/08/2026. The filing names Morgan Stanley Smith Barney LLC as the broker and references the NYSE.
Clearwater Analytics Holdings, Inc. entered into an Agreement and Plan of Merger dated December 20, 2025 under which GT Silver BidCo, Inc. (an affiliate of funds managed by Permira, Warburg Pincus, Francisco Partners and Temasek) will acquire the company.
Under the Merger, each share of Company Class A common stock will be converted into the right to receive $24.55 in cash. The Special Committee and the Board unanimously recommended the Transactions. The Merger is subject to stockholder approval, certain regulatory clearances (including HSR processes) and customary closing conditions.
The Purchaser parties have equity commitments aggregating $5,904,969,802 and Debt Financing commitments aggregating $3,525,000,000. Appraisal rights under Section 262 (DGCL) are available to qualifying holders. Termination-fee provisions and customary break-rights apply.
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.