Welsh Timothy A 4

What Happened

• Timothy A. Welsh, President and Executive Vice President, Customer Solutions & Operations of CCC Intelligent Solutions Holdings Inc. (CCC), had 82,781 restricted stock units (2025 RSUs) convert to common stock on April 1, 2026 (transaction code M). To satisfy tax withholding (code F), 25,332 of those shares were surrendered at an implied $6.00 per share, totaling $151,992. Net shares issued to Welsh were 57,449. The RSUs had a $0 exercise price (they were awards, not options).

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (appears timely).
• Conversion: 82,781 RSUs converted to common stock (code M).
• Tax withholding: 25,332 shares surrendered @ $6.00 = $151,992 (code F).
• Net shares received: 57,449 (82,781 – 25,332).
• Implied gross value at settlement: 82,781 x $6.00 ≈ $496,686; net shares ≈ $344,694.
• Shares owned after transaction: Not specified in the filing.
• Footnote: These were 2025 RSUs that vest one-third annually from the April 1, 2025 grant date (vesting/settlement is at issuer’s discretion).

Context

• This was a routine RSU vesting and cashless settlement to cover taxes, not an open-market purchase or sale intended to signal sentiment. Code M indicates conversion of a derivative (RSU) into stock; code F indicates shares were used to pay tax withholding. Such withholdings are standard and do not necessarily reflect the insider’s view on the company’s stock.