Das Souvik 4

What Happened
Souvik Das, Chief Technology Officer of Clearwater Analytics Holdings, sold 10,000 shares of CWAN in an open‑market transaction on June 8, 2026. The shares were sold at a weighted average price of $24.35 per share for total proceeds of approximately $243,540.

Key Details

• Transaction type: Sale (Code S), open‑market/private sale reported on Form 4.
• Date of transaction: 2026-06-08; Form filed 2026-06-09 (appears timely).
• Price: weighted average $24.35; executed in multiple trades at $24.34–$24.38 (per footnote).
• Total shares sold: 10,000; total value ≈ $243,540.
• Footnote: Sale was executed under a Rule 10b5‑1 trading plan adopted May 6, 2025.
• Shares owned after transaction: Not disclosed in the provided filing.

Context
This was a routine insider sale under a pre‑arranged 10b5‑1 plan, which means the trades were scheduled in advance and are generally considered routine rather than a direct signal of the insider’s current view. Purchases typically carry more weight for interpreting insider sentiment than routine sales.