Welcome to our dedicated page for Clearwater Analytics Hldgs SEC filings (Ticker: CWAN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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. 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.
Clearwater Analytics Holdings, Inc. agreed to be acquired by GT Silver BidCo, Inc., with GT Silver Merger Sub merging into the company so it becomes a wholly owned subsidiary of GT Silver BidCo. Each share of Clearwater Class A common stock will be converted into the right to receive $24.55 in cash per share, excluding treasury shares, shares owned by the buyer group, and shares subject to properly exercised appraisal rights. Outstanding equity awards will generally be cashed out based on the same per-share price, with out-of-the-money options canceled, and many director RSUs vesting at closing. The deal requires stockholder approval and regulatory clearances and includes a go-shop period through January 23, 2026, significant termination fees for both sides, and committed equity and debt financing. If completed, Clearwater’s Class A stock will be delisted from the New York Stock Exchange and deregistered.
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.
A Rule 144 notice shows that James Cox plans to sell 7425 shares of the issuer’s common stock on 12/17/2025 on the NYSE through Morgan Stanley Smith Barney LLC Executive Financial Services. The shares have an aggregate market value of $159637.50 and are part of 288154032 common shares outstanding.
The 7425 shares were acquired on 12/17/2025 by exercising stock options from the issuer for cash. The notice also lists recent sales for James Cox under a 10b5-1 sales plan, including 29700 shares sold on 11/25/2025 for $653400.00.
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.
A CWAN shareholder filed a Rule 144 notice to sell 11,275 shares of common stock through Morgan Stanley Smith Barney on the NYSE, with an aggregate market value of $245,907.75. The filing notes that 288,154,032 shares of this class are outstanding.
The shares to be sold come from two sources: 6,275 shares acquired by exercising stock options for cash on 12/15/2025 and 5,000 shares previously received as restricted stock units on 01/01/2024. This mix shows both option-based and equity award holdings being sold.
Over the prior three months, the same seller, including sales under a 10b5-1 trading plan, has completed several transactions, such as 29,700 shares sold on 11/25/2025 for $653,400.00 and 5,919 shares sold on 09/30/2025 for $104,631.35. The representation section states the seller does not know of any undisclosed material adverse information about the issuer.