JACQUES AIGRAIN - 23 Jun 2025 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Role: Director
Signature: /s/ Alphonse Valbrune, as Attorney-in-Fact, for Jacques Aigrain
Issuer symbol: CWAN
Transactions as of: 23 Jun 2025
Net transactions value: -$53,714
Form type: 4
Filing time: 25 Jun 2025, 09:05:29 UTC
Previous filing: 28 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
AIGRAIN JACQUES	Director	C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE	/s/ Alphonse Valbrune, as Attorney-in-Fact, for Jacques Aigrain	25 Jun 2025	0001094730

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CWAN	Class A Common Stock	Options Exercise	$0	+10,334	+82%	$0.000000	22,962	23 Jun 2025	Direct	F1
transaction	CWAN	Class A Common Stock	Tax liability	$53,714	-2,481	-11%	$21.65	20,481	23 Jun 2025	Direct

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	Restricted Stock Unit	Options Exercise	$0	-10,334	-100%	$0.000000	0	23 Jun 2025	Class A Common Stock	0	$0.000000	Direct
transaction	CWAN	Restricted Stock Unit	Award	$0	+8,765		$0.000000	8,765	23 Jun 2025	Class A Common Stock	8,765	$0.000000	Direct	F2
transaction	CWAN	Restricted Stock Unit	Award	$0	+6,574	+75%	$0.000000	15,339	23 Jun 2025	Class A Common Stock	6,574	$0.000000	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	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 date of the next annual shareholder meeting, to be determined in the future.
F3	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 equally over 3 years beginning on June 23, 2025.