Sethi Subi 4

What Happened

• Subi Sethi, Chief Client Officer of Clearwater Analytics Holdings, was granted 215,982 restricted stock units (RSUs) on February 11, 2026. The units were reported as acquired at $0.00 (a derivative award), meaning no cash purchase was made; the RSUs convert to shares only as they vest. The filing was made on February 13, 2026.

Key Details

• Transaction date: 2026-02-11; filing date: 2026-02-13 (appears timely).
• Grant size: 215,982 RSUs; reported acquisition price: $0.00 (award/derivative).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 — each RSU equals the right to one share of Class A common stock. F2 — 12.5% of the RSUs vest at the end of each 3-month period for two years beginning January 1, 2026 (8 tranches total) and will settle within 30 days of each vesting date.
• No 10b5-1 plan, tax-withholding sale, or late-filing indicator was stated in the supplied details.

Context

• RSU grants are compensation-based derivative awards that convert into company stock only after vesting; they do not represent an immediate cash investment by the insider. While grants increase potential future insider ownership, they are typically part of standard executive compensation and should not be read as a direct buy or sell signal.