Clearwater Analytics Holdings, Inc.·4

Feb 13, 5:15 PM ET

Sahai Sandeep 4

4 · Clearwater Analytics Holdings, Inc. · Filed Feb 13, 2026

Research Summary

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Clearwater Analytics (CWAN) CEO Sandeep Sahai Receives RSU Award

What Happened
Sandeep Sahai, CEO of Clearwater Analytics Holdings, was granted 607,341 restricted stock units (RSUs) on February 11, 2026. The award is reported as a derivative grant at $0.00 per unit (no cash purchase); each RSU represents the right to receive one share of the issuer’s Class A common stock upon settlement. This is a compensation award (not an open-market purchase or sale).

Key Details

  • Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (filed two days after the transaction).
  • Grant: 607,341 RSUs @ $0.00 (derivative award).
  • Shares owned after transaction: not disclosed in the filing.
  • Vesting/settlement: Each RSU equals one share (F1). 12.5% of the RSUs vest at the end of each 3-month period for the next 2 years beginning January 1, 2026; vested units will settle within 30 days of each vesting date (F2).
  • Transaction type code: A (award/grant).

Context
RSU grants are common executive compensation and do not represent immediate share ownership until vested and settled. Because this was a grant rather than a purchase or sale, it’s primarily a compensation event rather than a direct signal of trading intent. The quarterly vesting over two years spreads future share delivery and aligns compensation with continued service.

Insider Transaction Report

Form 4
Period: 2026-02-11
Sahai Sandeep
DirectorChief Executive Officer
Transactions
  • Award

    Restricted Stock Unit

    [F1][F2]
    2026-02-11+607,341607,341 total
    Exp: 2035-01-01Class A Common Stock (607,341 underlying)
Footnotes (2)
  • [F1]Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's Class A Common Stock.
  • [F2]12.5% of the Restricted Stock Units shall vest at the end of each 3-month period for the next 2 years following January 1, 2026, and will settle within thirty days of the applicable vesting date.
Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact, for Sandeep Sahai|2026-02-12

Documents

1 file
  • 4
    primarydocument.xmlPrimary

    PRIMARY DOCUMENT