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. 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.
A holder of Class A common stock has filed a notice of a proposed sale of 4,373,951 shares through J.P. Morgan Securities LLC. The planned sale has an aggregate market value of 105,237,261, with the shares listed for trading on the NYSE and an approximate sale date of 12/22/2025. The table notes that there were 288,154,032 shares of this class of stock outstanding. The securities to be sold were acquired on 11/02/2020 by conversion from Class D and Class C common stock acquired in a private placement from the issuer, with cash shown as the form of payment.
Clearwater Analytics agreed to be acquired by a private equity consortium led by Permira, Warburg Pincus, Francisco Partners, and Temasek in a transaction valuing the company at approximately $8.4 billion. Clearwater stockholders are expected to receive $24.55 in cash per share, a 47% premium to the undisturbed share price of $16.69 on November 10, 2025, the last trading day before media reports of a potential deal. The transaction is expected to close in the first half of 2026, subject to regulatory approvals and a stockholder vote.
Vested RSUs, PSUs and options will be settled in cash at $24.55 per share (options only for in-the-money value), while unvested RSUs and PSUs will generally continue to vest, with PSUs treated as earned at 110% and paid in cash at $24.55 per share after closing. Management states there are no current plans for layoffs related to the deal, core benefits and retirement plans remain in place, and the company plans to continue executing its existing strategy as it prepares to become a private company.