AG˹ٷ

STOCK TITAN

[Form 4] Clearwater Analytics Holdings, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Clearwater Analytics Holdings, Inc. (CWAN) � Form 4 insider report

Director Jaswinder Pal Singh reported two equity transactions effective 23 Jun 2025:

  • 10,334 Class A shares acquired (Transaction Code M) upon full vesting of previously granted RSUs. The shares were issued at an exercise/settlement price of $0.00, indicating no open-market purchase or sale.
  • 8,765 new Restricted Stock Units (RSUs) granted (Transaction Code A). Each RSU represents the contingent right to receive one share; the award vests in full on 23 Jun 2026 and carries an expiration date of 23 Jun 2035.

Following these transactions, Singh’s direct holdings stand at 33,575 Class A shares plus 8,765 unvested RSUs. No shares were sold, and no cash consideration changed hands, suggesting the activity primarily reflects planned equity compensation rather than market sentiment. The filing does not reference any 10b5-1 trading plan, and Singh remains classified as a Director under Section 16 reporting rules.

For investors, the key takeaway is a modest increase in insider ownership with no disposition of shares, generally interpreted as neutral to mildly supportive of long-term alignment between the board member and shareholders. The grant size (8,765 RSUs) and resulting ownership level are small relative to CWAN’s public float and therefore unlikely, by themselves, to affect share price or liquidity.

Clearwater Analytics Holdings, Inc. (CWAN) � Rapporto insider Form 4

Il Direttore Jaswinder Pal Singh ha riportato due operazioni azionarie con efficacia al 23 giugno 2025:

  • 10.334 azioni di Classe A acquisite (Codice Transazione M) in seguito al pieno maturare di RSU precedentemente assegnate. Le azioni sono state emesse a un prezzo di esercizio/regolamento di $0,00, indicando che non vi è stato alcun acquisto o vendita sul mercato aperto.
  • 8.765 nuove Restricted Stock Units (RSU) assegnate (Codice Transazione A). Ogni RSU rappresenta il diritto condizionato a ricevere una azione; il premio si consolida completamente il 23 giugno 2026 e scade il 23 giugno 2035.

Dopo queste operazioni, le partecipazioni dirette di Singh ammontano a 33.575 azioni di Classe A 辱ù 8.765 RSU non maturate. Non sono state vendute azioni né è stato scambiato denaro, suggerendo che l’attività rifletta principalmente una compensazione azionaria pianificata piuttosto che il sentiment di mercato. La dichiarazione non fa riferimento a un piano di trading 10b5-1, e Singh resta classificato come Direttore ai sensi delle regole di segnalazione della Sezione 16.

Per gli investitori, il punto chiave è un modesto aumento della proprietà insider senza cessione di azioni, generalmente interpretato come neutro o leggermente favorevole all’allineamento a lungo termine tra il membro del consiglio e gli azionisti. La dimensione della concessione (8.765 RSU) e il livello di proprietà risultante sono contenuti rispetto al flottante pubblico di CWAN e quindi improbabili, da soli, di influenzare il prezzo delle azioni o la liquidità.

Clearwater Analytics Holdings, Inc. (CWAN) � Informe Formulario 4 de insider

El Director Jaswinder Pal Singh reportó dos transacciones de acciones con fecha efectiva 23 de junio de 2025:

  • 10,334 acciones Clase A adquiridas (Código de Transacción M) tras la plena consolidación de RSU previamente otorgadas. Las acciones fueron emitidas a un precio de ejercicio/liquidación de $0.00, lo que indica que no hubo compra o venta en el mercado abierto.
  • 8,765 nuevas Unidades de Acciones Restringidas (RSU) otorgadas (Código de Transacción A). Cada RSU representa el derecho contingente a recibir una acción; el premio se consolida completamente el 23 de junio de 2026 y expira el 23 de junio de 2035.

Tras estas transacciones, las participaciones directas de Singh ascienden a 33,575 acciones Clase A á 8,765 RSU no consolidadas. No se vendieron acciones ni hubo intercambio de efectivo, lo que sugiere que la actividad refleja principalmente una compensación de capital planificada á que el sentimiento del mercado. El informe no menciona ningún plan de trading 10b5-1, y Singh sigue clasificado como Director bajo las reglas de reporte de la Sección 16.

Para los inversores, la conclusión principal es un modesto aumento en la propiedad interna sin disposición de acciones, lo que generalmente se interpreta como neutral o ligeramente favorable para la alineación a largo plazo entre el miembro del consejo y los accionistas. El tamaño de la concesión (8,765 RSU) y el nivel resultante de propiedad son pequeños en relación con el flotante público de CWAN y, por lo tanto, es poco probable que afecten por sí solos el precio de las acciones o la liquidez.

Clearwater Analytics Holdings, Inc. (CWAN) � Form 4 내부� 보고�

이사 Jaswinder Pal Singh2025� 6� 23�자로 � 건의 주식 거래� 보고했습니다:

  • 10,334� 클래� A 주식 취득 (거래 코드 M) � 이전� 부여된 RSU가 완전� 베스팅되� 취득. 주식은 행사가/정산 가� $0.00� 발행되어, 공개 시장에서� 매매가 아님� 나타�.
  • 8,765 신규 제한 주식 단위(RSU) 부� (거래 코드 A). � RSU� 1주를 받을 권리가 조건부� 부여된 것으�, 2026� 6� 23일에 완전� 베스팅되� 만료일은 2035� 6� 23일임.

� 거래 이후 Singh� 직접 보유 주식은 33,575� 클래� A8,765 미베스팅 RSU입니�. 주식 매도� 없었� 현금 거래� 없었으며, 이 이번 거래가 시장 심리보다� 계획� 주식 보상임을 시사합니�. 제출서류에 10b5-1 거래 계획 언급� 없으� Singh� 섹션 16 보고 규정� 따라 이사� 분류됩니�.

투자자에� 중요� 점은 주식 처분 없이 내부� 보유가 소폭 증가했다� 점으�, 이 일반적으� 이사� 구성원과 주주 � 장기� 이해관� 일치� 중립적이거나 다소 긍정적으� 해석합니�. 부� 규모(8,765 RSU)왶 결과 보유 수준은 CWAN� 공개 유통 주식 대� 적은 편이어서 단독으로 주가� 유동성에 영향� 미치� 어렵습니�.

Clearwater Analytics Holdings, Inc. (CWAN) � Rapport Formulaire 4 d’initié

Le Directeur Jaswinder Pal Singh a déclaré deux transactions sur actions effectives au 23 juin 2025 :

  • 10 334 actions de Classe A acquises (Code de transaction M) suite à la levée complète des restrictions sur des RSU précédemment attribuées. Les actions ont été émises à un prix d’exercice/règlement de 0,00 $, ce qui indique qu’aucun achat ou vente sur le marché ouvert n’a eu lieu.
  • 8 765 nouvelles unités d’actions restreintes (RSU) attribuées (Code de transaction A). Chaque RSU représente le droit conditionnel de recevoir une action ; la remise sera complète le 23 juin 2026 et la date d’expiration est le 23 juin 2035.

À la suite de ces transactions, les avoirs directs de Singh s’élèvent à 33 575 actions de Classe A plus 8 765 RSU non acquises. Aucune action n’a été vendue et aucun échange d’argent n’a eu lieu, ce qui suggère que l’activité reflète principalement une rémunération en actions planifiée plutôt que le sentiment du marché. Le dépôt ne fait pas référence à un plan de trading 10b5-1, et Singh reste classé comme Directeur selon les règles de déclaration de la Section 16.

Pour les investisseurs, le principal enseignement est une légère augmentation de la détention interne sans cession d’actions, généralement interprétée comme neutre à légèrement favorable à l’alignement à long terme entre le membre du conseil et les actionnaires. La taille de l’attribution (8 765 RSU) et le niveau de détention qui en résulte sont faibles par rapport au flottant public de CWAN et sont donc peu susceptibles, à eux seuls, d’influencer le cours de l’action ou la liquidité.

Clearwater Analytics Holdings, Inc. (CWAN) � Form 4 Insider-Bericht

Direktor Jaswinder Pal Singh meldete zwei Aktiengeschäfte mit Wirksamkeit zum 23. Juni 2025:

  • 10.334 Class A Aktien erworben (Transaktionscode M) nach vollständiger Vesting von zuvor gewährten RSUs. Die Aktien wurden zu einem Ausübungs-/Abrechnungspreis von $0,00 ausgegeben, was darauf hinweist, dass kein Kauf oder Verkauf am offenen Markt stattfand.
  • 8.765 neue Restricted Stock Units (RSUs) gewährt (Transaktionscode A). Jede RSU stellt das bedingte Recht dar, eine Aktie zu erhalten; die Zuteilung vestet vollständig am 23. Juni 2026 und hat ein Ablaufdatum am 23. Juni 2035.

Nach diesen Transaktionen hält Singh direkt 33.575 Class A Aktien sowie 8.765 nicht vestete RSUs. Es wurden keine Aktien verkauft und kein Geld ausgetauscht, was darauf hindeutet, dass die Aktivität hauptsächlich eine geplante Aktienvergütung widerspiegelt und nicht die Marktstimmung. Im Bericht wird kein 10b5-1 Handelsplan erwähnt, und Singh bleibt gemäß den Berichtspflichten nach Abschnitt 16 als Direktor eingestuft.

Für Investoren ist die wichtigste Erkenntnis eine moderate Steigerung des Insiderbesitzes ohne Veräußerung von Aktien, was allgemein als neutral bis leicht unterstützend für die langfristige Ausrichtung zwischen dem Vorstandsmitglied und den Aktionären interpretiert wird. Die Größe der Gewährung (8.765 RSUs) und das daraus resultierende Eigentumsniveau sind im Verhältnis zum öffentlichen Streubesitz von CWAN gering und dürften daher für sich genommen weder den Aktienkurs noch die Liquidität beeinflussen.

Positive
  • Director increased direct ownership by 10,334 shares without selling any stake
  • New RSU grant indicates continued board engagement and long-term incentive alignment
Negative
  • None.

Insights

TL;DR: Director adds 10,334 shares via RSU vesting, receives 8,765 new RSUs; no sales—neutral, minor alignment signal.

The Form 4 shows routine equity-compensation events. The conversion (Code M) reflects vesting of a prior RSU grant, increasing Singh’s direct stake to 33,575 shares at no cost. Concurrently, the board issued a new grant of 8,765 RSUs, typical of annual compensation cycles. There is no open-market purchase or sale, so cash flow impact is nil and dilution immaterial against CWAN’s >70 m share count. Such filings are normally neutral; however, ongoing ownership buildup can enhance governance alignment and may be viewed marginally positive by some investors. No red flags—no option exercises to sell, no derivative hedging.

Clearwater Analytics Holdings, Inc. (CWAN) � Rapporto insider Form 4

Il Direttore Jaswinder Pal Singh ha riportato due operazioni azionarie con efficacia al 23 giugno 2025:

  • 10.334 azioni di Classe A acquisite (Codice Transazione M) in seguito al pieno maturare di RSU precedentemente assegnate. Le azioni sono state emesse a un prezzo di esercizio/regolamento di $0,00, indicando che non vi è stato alcun acquisto o vendita sul mercato aperto.
  • 8.765 nuove Restricted Stock Units (RSU) assegnate (Codice Transazione A). Ogni RSU rappresenta il diritto condizionato a ricevere una azione; il premio si consolida completamente il 23 giugno 2026 e scade il 23 giugno 2035.

Dopo queste operazioni, le partecipazioni dirette di Singh ammontano a 33.575 azioni di Classe A 辱ù 8.765 RSU non maturate. Non sono state vendute azioni né è stato scambiato denaro, suggerendo che l’attività rifletta principalmente una compensazione azionaria pianificata piuttosto che il sentiment di mercato. La dichiarazione non fa riferimento a un piano di trading 10b5-1, e Singh resta classificato come Direttore ai sensi delle regole di segnalazione della Sezione 16.

Per gli investitori, il punto chiave è un modesto aumento della proprietà insider senza cessione di azioni, generalmente interpretato come neutro o leggermente favorevole all’allineamento a lungo termine tra il membro del consiglio e gli azionisti. La dimensione della concessione (8.765 RSU) e il livello di proprietà risultante sono contenuti rispetto al flottante pubblico di CWAN e quindi improbabili, da soli, di influenzare il prezzo delle azioni o la liquidità.

Clearwater Analytics Holdings, Inc. (CWAN) � Informe Formulario 4 de insider

El Director Jaswinder Pal Singh reportó dos transacciones de acciones con fecha efectiva 23 de junio de 2025:

  • 10,334 acciones Clase A adquiridas (Código de Transacción M) tras la plena consolidación de RSU previamente otorgadas. Las acciones fueron emitidas a un precio de ejercicio/liquidación de $0.00, lo que indica que no hubo compra o venta en el mercado abierto.
  • 8,765 nuevas Unidades de Acciones Restringidas (RSU) otorgadas (Código de Transacción A). Cada RSU representa el derecho contingente a recibir una acción; el premio se consolida completamente el 23 de junio de 2026 y expira el 23 de junio de 2035.

Tras estas transacciones, las participaciones directas de Singh ascienden a 33,575 acciones Clase A á 8,765 RSU no consolidadas. No se vendieron acciones ni hubo intercambio de efectivo, lo que sugiere que la actividad refleja principalmente una compensación de capital planificada á que el sentimiento del mercado. El informe no menciona ningún plan de trading 10b5-1, y Singh sigue clasificado como Director bajo las reglas de reporte de la Sección 16.

Para los inversores, la conclusión principal es un modesto aumento en la propiedad interna sin disposición de acciones, lo que generalmente se interpreta como neutral o ligeramente favorable para la alineación a largo plazo entre el miembro del consejo y los accionistas. El tamaño de la concesión (8,765 RSU) y el nivel resultante de propiedad son pequeños en relación con el flotante público de CWAN y, por lo tanto, es poco probable que afecten por sí solos el precio de las acciones o la liquidez.

Clearwater Analytics Holdings, Inc. (CWAN) � Form 4 내부� 보고�

이사 Jaswinder Pal Singh2025� 6� 23�자로 � 건의 주식 거래� 보고했습니다:

  • 10,334� 클래� A 주식 취득 (거래 코드 M) � 이전� 부여된 RSU가 완전� 베스팅되� 취득. 주식은 행사가/정산 가� $0.00� 발행되어, 공개 시장에서� 매매가 아님� 나타�.
  • 8,765 신규 제한 주식 단위(RSU) 부� (거래 코드 A). � RSU� 1주를 받을 권리가 조건부� 부여된 것으�, 2026� 6� 23일에 완전� 베스팅되� 만료일은 2035� 6� 23일임.

� 거래 이후 Singh� 직접 보유 주식은 33,575� 클래� A8,765 미베스팅 RSU입니�. 주식 매도� 없었� 현금 거래� 없었으며, 이 이번 거래가 시장 심리보다� 계획� 주식 보상임을 시사합니�. 제출서류에 10b5-1 거래 계획 언급� 없으� Singh� 섹션 16 보고 규정� 따라 이사� 분류됩니�.

투자자에� 중요� 점은 주식 처분 없이 내부� 보유가 소폭 증가했다� 점으�, 이 일반적으� 이사� 구성원과 주주 � 장기� 이해관� 일치� 중립적이거나 다소 긍정적으� 해석합니�. 부� 규모(8,765 RSU)왶 결과 보유 수준은 CWAN� 공개 유통 주식 대� 적은 편이어서 단독으로 주가� 유동성에 영향� 미치� 어렵습니�.

Clearwater Analytics Holdings, Inc. (CWAN) � Rapport Formulaire 4 d’initié

Le Directeur Jaswinder Pal Singh a déclaré deux transactions sur actions effectives au 23 juin 2025 :

  • 10 334 actions de Classe A acquises (Code de transaction M) suite à la levée complète des restrictions sur des RSU précédemment attribuées. Les actions ont été émises à un prix d’exercice/règlement de 0,00 $, ce qui indique qu’aucun achat ou vente sur le marché ouvert n’a eu lieu.
  • 8 765 nouvelles unités d’actions restreintes (RSU) attribuées (Code de transaction A). Chaque RSU représente le droit conditionnel de recevoir une action ; la remise sera complète le 23 juin 2026 et la date d’expiration est le 23 juin 2035.

À la suite de ces transactions, les avoirs directs de Singh s’élèvent à 33 575 actions de Classe A plus 8 765 RSU non acquises. Aucune action n’a été vendue et aucun échange d’argent n’a eu lieu, ce qui suggère que l’activité reflète principalement une rémunération en actions planifiée plutôt que le sentiment du marché. Le dépôt ne fait pas référence à un plan de trading 10b5-1, et Singh reste classé comme Directeur selon les règles de déclaration de la Section 16.

Pour les investisseurs, le principal enseignement est une légère augmentation de la détention interne sans cession d’actions, généralement interprétée comme neutre à légèrement favorable à l’alignement à long terme entre le membre du conseil et les actionnaires. La taille de l’attribution (8 765 RSU) et le niveau de détention qui en résulte sont faibles par rapport au flottant public de CWAN et sont donc peu susceptibles, à eux seuls, d’influencer le cours de l’action ou la liquidité.

Clearwater Analytics Holdings, Inc. (CWAN) � Form 4 Insider-Bericht

Direktor Jaswinder Pal Singh meldete zwei Aktiengeschäfte mit Wirksamkeit zum 23. Juni 2025:

  • 10.334 Class A Aktien erworben (Transaktionscode M) nach vollständiger Vesting von zuvor gewährten RSUs. Die Aktien wurden zu einem Ausübungs-/Abrechnungspreis von $0,00 ausgegeben, was darauf hinweist, dass kein Kauf oder Verkauf am offenen Markt stattfand.
  • 8.765 neue Restricted Stock Units (RSUs) gewährt (Transaktionscode A). Jede RSU stellt das bedingte Recht dar, eine Aktie zu erhalten; die Zuteilung vestet vollständig am 23. Juni 2026 und hat ein Ablaufdatum am 23. Juni 2035.

Nach diesen Transaktionen hält Singh direkt 33.575 Class A Aktien sowie 8.765 nicht vestete RSUs. Es wurden keine Aktien verkauft und kein Geld ausgetauscht, was darauf hindeutet, dass die Aktivität hauptsächlich eine geplante Aktienvergütung widerspiegelt und nicht die Marktstimmung. Im Bericht wird kein 10b5-1 Handelsplan erwähnt, und Singh bleibt gemäß den Berichtspflichten nach Abschnitt 16 als Direktor eingestuft.

Für Investoren ist die wichtigste Erkenntnis eine moderate Steigerung des Insiderbesitzes ohne Veräußerung von Aktien, was allgemein als neutral bis leicht unterstützend für die langfristige Ausrichtung zwischen dem Vorstandsmitglied und den Aktionären interpretiert wird. Die Größe der Gewährung (8.765 RSUs) und das daraus resultierende Eigentumsniveau sind im Verhältnis zum öffentlichen Streubesitz von CWAN gering und dürften daher für sich genommen weder den Aktienkurs noch die Liquidität beeinflussen.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Singh Jaswinder Pal

(Last) (First) (Middle)
C/O CLEARWATER ANALYTICS HOLDINGS, INC.
777 W. MAIN STREET, SUITE 900

(Street)
BOISE ID 83702

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Clearwater Analytics Holdings, Inc. [ CWAN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 06/23/2025 M 10,334(1) A $0.00 33,575 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit $0.00 06/23/2025 A 8,765 (2) 06/23/2035 Class A Common Stock 8,765 $0.00 8,765 D
Explanation of Responses:
1. The Class A Common Stock represents shares acquired by the Reporting Person from the vesting of Restricted Stock Units ("RSUs") issued to the Reporting Person on June 11, 2024.
2. The reporting person was granted Restricted Stock Units representing contingent right to receive one share of Clearwater Analytics Holdings Inc. common stock for each RSU. The award will vest fully on the one-year anniversary of grant.
Remarks:
/s/ Alphonse Valbrune, as Attorney-in-Fact, for Jaswinder Singh 06/25/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many CWAN shares did Director Jaswinder Singh acquire on 23 June 2025?

Singh acquired 10,334 Class A shares through the vesting of previously granted RSUs at a price of $0.00 per share.

Did the insider sell any Clearwater Analytics (CWAN) shares in this Form 4?

No. The filing shows no sales; only share acquisition and a new RSU grant.

What new equity award did the CWAN director receive?

Singh was awarded 8,765 Restricted Stock Units that will fully vest on 23 Jun 2026 and expire on 23 Jun 2035.

What is the director’s total direct ownership after the reported transactions?

Following the transactions, Singh owns 33,575 Class A shares directly, plus 8,765 unvested RSUs.

Is a 10b5-1 trading plan mentioned in the filing?

The Form 4 does not reference any transactions executed under a Rule 10b5-1(c) plan.
Clearwater Analytics Hldgs Inc

NYSE:CWAN

CWAN Rankings

CWAN Latest News

CWAN Latest SEC Filings

CWAN Stock Data

6.06B
256.50M
1.12%
104.99%
2.89%
Software - Application
Services-prepackaged Software
United States
BOISE