Souvik Das - 12 Nov 2025 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Signature
/s/ Alphonse Valbrune, as Attorney-in-Fact for Souvik Das
Issuer symbol
CWAN
Transactions as of
12 Nov 2025
Transactions value $
-$404,194
Form type
4
Filing time
14 Nov 2025, 16:24:14 UTC
Previous filing
01 Oct 2025
Next filing
09 Dec 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Das Souvik Chief Technology Officer C/O CLEARWATER ANALYTICS HOLDINGS, INC., 777 W. MAIN STREET, SUITE 900, BOISE /s/ Alphonse Valbrune, as Attorney-in-Fact for Souvik Das 13 Nov 2025 0001879939

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWAN Class A Common Stock Sale -$201K -10K -7.93% $20.12 116K 12 Nov 2025 Direct F1, F2
transaction CWAN Class A Common Stock Sale -$203K -10K -8.62% $20.30 106K 12 Nov 2025 Direct F3
* 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 May 5,2025.
F2 This transaction was executed in multiple trades at prices ranging from $20.06 USD to $20.30 USD; the price reported above reflects the weighted average sale price.
F3 The sale reported in this Form 4 were pursuant to a Rule 10b5-1 trading plan adopted by the reporting person May 5, 2025.