CCC Intelligent Solutions Holdings Inc.·4

Mar 25, 5:56 PM ET

Christo Rodney 4

Research Summary

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Updated

CCC Chief Accounting Officer Christo Rodney Sells 5,847 Shares

What Happened

  • Christo Rodney, Chief Accounting Officer of CCC Intelligent Solutions Holdings Inc. (CCC), had 8,271 restricted stock units (RSUs) vest on March 23, 2026 and received 8,271 shares upon settlement. Of those shares, 2,424 were withheld to satisfy tax withholding (treated as a disposition for $14,980 at $6.18/share) and 5,847 shares were sold in an open market transaction on March 24, 2026 for $6.17/share, generating $36,076. The RSU settlement and related transactions are reported as an exercise/conversion of a derivative (code M) with a tax withholding (code F) and an open-market sale (code S).

Key Details

  • Transaction dates and prices:
    • 2026-03-23: 8,271 RSUs vested → 8,271 shares acquired (code M) at $0.00 per share (settlement of RSUs).
    • 2026-03-23: 2,424 shares withheld for taxes (code F) at $6.18/share = $14,980.
    • 2026-03-24: 5,847 shares sold open market (code S) at $6.17/share = $36,076.
  • Shares owned after transaction: Not specified in the provided Form 4 excerpt.
  • Footnotes:
    • F1: The March 24 sale was executed automatically under a Rule 10b5-1 trading plan adopted Aug 18, 2025.
    • F2: The shares came from 2022 RSUs that vest 25% each year over four years (grant date March 23, 2022).
  • Filing timeliness: Report filed March 25, 2026 for transactions on March 23–24, 2026; no late filing indicated.

Context

  • This was a routine RSU vesting and partial cashless settlement: vested RSUs were converted to shares, some shares were withheld to cover taxes, and the remainder were sold under a pre-existing 10b5-1 plan. Such transactions are common for executive compensation and do not, by themselves, indicate personal investment views.