Das Souvik 4
4 · Clearwater Analytics Holdings, Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Clearwater (CWAN) CTO Souvik Das Sells 10,000 Shares
What Happened
Souvik Das, Chief Technology Officer of Clearwater Analytics Holdings, sold 10,000 shares in an open-market disposition on March 9, 2026. The weighted-average sale price was $23.37, for total proceeds of approximately $233,730. This was a sale (S), not a purchase.
Key Details
- Transaction date: March 9, 2026; Form 4 filed March 10, 2026 (appears timely).
- Price: weighted average $23.37; individual trades ranged $23.29–$23.46 (multiple executions).
- Shares sold: 10,000; total proceeds ≈ $233,730.
- Shares owned after transaction: not specified in the summary provided — see the filed Form 4 for "ownership following reported transaction."
- Footnotes: (F1) Sale was executed under a Rule 10b5‑1 trading plan adopted May 6, 2025. (F2) Multiple trades produced the reported weighted average price.
- Transaction type code: S = Sale.
Context
Trades done under a 10b5‑1 plan are prearranged and typically indicate the sale was scheduled in advance rather than reflecting a spontaneous view on the stock. Retail investors often regard purchases as stronger signals than routine, preplanned sales; this single planned sale by an executive is informational but not necessarily indicative of changed company prospects.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-03-09$23.37/sh−10,000$233,730→ 197,132 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 6, 2025.
- [F2]This transaction was executed in multiple trades at prices ranging from $23.29 USD to $23.46 USD; the price reported reflects the weighted average sale price.