James S. Cox - 17 Feb 2026 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
17 Feb 2026
Net transactions value
-$755,377
Form type
4
Filing time
18 Feb 2026, 18:41:58 UTC
Previous filing
13 Feb 2026
Next filing
20 Feb 2026

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 18 Feb 2026 0001441361

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWAN Class A Common Stock Options Exercise $53,975 +12,267 +3.1% $4.40 407,964 17 Feb 2026 Direct
transaction CWAN Class A Common Stock Options Exercise $82,293 +18,703 +4.6% $4.40 426,667 17 Feb 2026 Direct
transaction CWAN Class A Common Stock Options Exercise $15,536 +3,531 +0.83% $4.40 430,198 17 Feb 2026 Direct
transaction CWAN Class A Common Stock Sale $170,367 -7,425 -1.7% $22.95 422,773 17 Feb 2026 Direct F1, F2
transaction CWAN Class A Common Stock Sale $32,554 -1,405 -0.33% $23.17 421,368 17 Feb 2026 Direct F1
transaction CWAN Class A Common Stock Sale $111,754 -4,870 -1.2% $22.95 416,498 17 Feb 2026 Direct F1, F3
transaction CWAN Class A Common Stock Tax liability $258,775 -11,278 -2.7% $22.95 405,220 17 Feb 2026 Direct F4
transaction CWAN Class A Common Stock Tax liability $49,259 -2,126 -0.52% $23.17 403,094 17 Feb 2026 Direct F4
transaction CWAN Class A Common Stock Tax liability $169,743 -7,397 -1.8% $22.95 395,697 17 Feb 2026 Direct F4
transaction CWAN Class A Common Stock Sale $114,729 -5,000 -1.3% $22.95 390,697 17 Feb 2026 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 -18,703 -17% $0.000000 92,085 17 Feb 2026 Class A Common Stock 18,703 $4.40 Direct F5
transaction CWAN Stock Option (Right to Buy) Options Exercise $0 -12,267 -13% $0.000000 79,818 17 Feb 2026 Class A Common Stock 12,267 $4.40 Direct F5
transaction CWAN Stock Option (Right to Buy) Options Exercise $0 -3,531 -4.4% $0.000000 76,287 17 Feb 2026 Class A Common Stock 3,531 $4.40 Direct F5
* 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 sale 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 This transaction was executed in multiple trades at prices ranging from $22.64 USD to $23.19 USD; the price reported reflects the weighted average sale price.
F3 This transaction was executed in multiple trades at prices ranging from $22.65 USD to $23.21 USD; the price reported above reflects the weighted average sale price.
F4 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.
F5 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