Schloss Eileen 4
Research Summary
AI-generated summary
CCC Director Eileen Schloss Exercises RSUs, Receives Grant
What Happened Eileen Schloss, a director of CCC Intelligent Solutions Holdings Inc. (CCC), had RSU activity reported for May 21, 2026. The filing shows a conversion/exercise of 31,250 derivative units into common shares (reported at $0.00 per share) with an equal 31,250-share disposition (likely withholding/sale to satisfy taxes). Separately, Schloss was granted 60,573 Restricted Stock Units (RSUs) (reported at $0.00) that vest on a later date. These transactions are compensation-related (RSU conversion and a new RSU grant), not an open-market buy or discretionary sale.
Key Details
- Transaction date: 2026-05-21; Form 4 filed: 2026-05-26 (appears late vs. the typical 2-business-day Form 4 window).
- Exercise/conversion: 31,250 shares (code M) acquired at $0.00; 31,250 shares disposed (code M) at $0.00 (derivative settlement/withholding).
- Grant/award: 60,573 RSUs (code A) granted at $0.00 (see footnotes on settlement/vesting).
- Shares owned after the transactions: not reported in the supplied filing snippet.
- Footnotes: RSUs may be settled in stock, cash equal to fair market value, or a combination. One RSU lot vests on or about May 22, 2026 (or the next annual meeting); the other vests on or about May 21, 2027 (or the next annual meeting).
- Filing timeliness: the report was filed five days after the transaction date, which is later than the standard 2-business-day Form 4 filing requirement.
Context
- These entries reflect RSU vesting/conversion and a new RSU grant (compensation), not a market purchase or strategic sale. The equal number of shares disposed after conversion normally represents shares withheld or sold to cover tax obligations (a common, administrative step), sometimes described as a cashless/net settlement.
- For retail investors: compensation-related insider entries are routine and do not necessarily signal the insider’s view on the company’s near-term prospects. Purchases are generally more informative as bullish signals; grants and withholding are standard compensation mechanics.