James S. Cox - 15 Oct 2025 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact, for Jim Cox
Issuer symbol
CWAN
Transactions as of
15 Oct 2025
Transactions value $
-$318,690
Form type
4
Filing time
16 Oct 2025, 19:26:59 UTC
Previous filing
01 Oct 2025
Next filing
19 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Cox James S Chief Financial Officer C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE /s/ Alphonse Valbrune, as Attorney-in-Fact, for Jim Cox 15 Oct 2025 0001441361

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWAN Class A Common Stock Options Exercise $74.4K +16.9K +4.91% $4.40 361K 15 Oct 2025 Direct
transaction CWAN Class A Common Stock Sale -$112K -6.28K -1.74% $17.92 355K 15 Oct 2025 Direct F1
transaction CWAN Class A Common Stock Tax liability -$190K -10.6K -3% $17.92 344K 15 Oct 2025 Direct F2
transaction CWAN Class A Common Stock Sale -$90.2K -5K -1.45% $18.05 339K 15 Oct 2025 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CWAN Stock Option (Right to Buy) Options Exercise $0 -16.9K -5.86% $0.00 272K 15 Oct 2025 Class A Common Stock 16.9K $4.40 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 11, 2024.
F2 The sale reported on this Form 4 includes shares withheld to cover tax withholding obligations in connection with the exercise and settlement of stock options. The sale is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.
F3 This transaction was executed in multiple trades at prices ranging from 17.96 USD to 18.17 USD. The price reported above reflects the weighted average sale price.
F4 Vests 297,000 share(s) on 02-Nov-2020, 180,000 share(s) on 21-Jan-2020, 105,750 share(s) on 05-Mar-2021, 105,750 share(s) on 01-Jan-2022, 105,750 share(s) on 01-Jan-2023, 105,750 share(s) on 01-Jan-2024