Clearwater Analytics Holdings, Inc.·4

Mar 10, 5:49 PM ET

Das Souvik 4

Research Summary

AI-generated summary

Updated

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.