Das Souvik 4
4 · Clearwater Analytics Holdings, Inc. · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
Clearwater Analytics (CWAN) CTO Souvik Das Sells 10,000 Shares
What Happened
Souvik Das, Chief Technology Officer of Clearwater Analytics Holdings, sold 10,000 shares on February 9, 2026. The sale generated approximately $238,875 based on a weighted-average price of $23.89 per share (trade prices ranged $23.81–$23.93). This was a sale (disposition), which insiders commonly make for routine reasons; no purchase was reported.
Key Details
- Transaction date: 2026-02-09
- Shares sold: 10,000; Weighted-average price: $23.89; Total proceeds: ~$238,875
- Price range across multiple trades: $23.81 to $23.93 (weighted average reported)
- Footnote: Sale executed under a Rule 10b5-1 trading plan adopted May 5, 2025 (pre-scheduled trades)
- Shares owned after transaction: Not specified in the details provided here
- Filing timeliness: Form 4 filed on 2026-02-09 (same day), no late filing indicated
Context
A Rule 10b5-1 trading plan lets insiders sell pre-arranged amounts at set times or conditions; trades under such plans are typically planned in advance and can indicate routine portfolio management rather than a reaction to current company developments. This filing reports a straightforward open-market sale; there were no option exercises, gifts, or awards in this report.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-02-09$23.89/sh−10,000$238,875→ 128,230 total
Footnotes (2)
- [F1]The sale reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 5, 2025.
- [F2]This transaction was executed in multiple trades at prices ranging from $23.81 USD to $23.93 USD; the price reported reflects the weighted average sale price.