Schweitzer John Arthur 4
Research Summary
AI-generated summary
CCC (CCC) Director John Schweitzer Receives RSU Award
What Happened
John Arthur Schweitzer, a director of CCC Intelligent Solutions Holdings Inc. (CCC), received an award of 11,221 restricted stock units (RSUs) on March 2, 2026. The grant is reported at $0.00 per unit (a compensation award, not an open‑market purchase or sale). The RSUs are a contingent right to receive shares, cash equal to the fair market value of the shares, or a combination at settlement.
Key Details
- Transaction date: 2026-03-02; Form 4 filed 2026-03-03 (timely filing).
- Award: 11,221 RSUs; reported price $0.00 (compensatory grant, derivative instrument).
- Vesting/settlement: RSUs vest on the earlier of May 22, 2026 and the date of the next annual meeting of stockholders, subject to Schweitzer’s continued service.
- Footnote: RSUs may settle in shares, cash equal to the share’s fair market value, or a combination (see footnote F1).
- Shares owned after transaction: not disclosed in this Form 4.
Context
RSUs are a form of equity compensation, not an immediate cash purchase or sale. They represent a contingent claim that converts to stock or cash at settlement and typically vest over time or on a specified date; they do not by themselves signal a buy or sell decision by the insider. This grant appears to be routine director compensation and was reported promptly.