Clearwater Analytics CTO Executes Mandated Tax Sale After $8.4 Billion Acquisition Agreement

1 day ago 3

Sara Appino, The Motley Fool

Sat, January 10, 2026 astatine 12:34 PM CST 6 min read

41,594 shares sold for a full transaction worth of $1,002,103.44, based connected a transaction terms of $24.09 per stock connected Jan. 1, 2026.
The transaction represented 21.91% of Souvik Das's nonstop holdings, reducing his nonstop ownership from 189,818 to 148,224 shares (0.0514% of full shares outstanding post-transaction).
All shares were sold from nonstop holdings, with nary indirect participation; the transaction followed an enactment workout for 89,062 underlying shares, of which portion was disposed.
This sale, accordant with anterior high-volume enactment arsenic holdings person declined, further reduces capableness for similar-sized aboriginal income unless caller equity is acquired.
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Souvik Das, Chief Technology Officer of Clearwater Analytics Holdings (NYSE:CWAN), executed an open-market merchantability of 41,594 shares connected Jan. 1, 2026, pursuing the workout of banal options, according to the SEC Form 4 filing.

Metric

Value

Shares sold (direct)	41,594
Transaction value	~$1.0 million
Post-transaction shares (direct)	148,224
Post-transaction worth (direct ownership)	~$3,575,162.88

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($24.09); post-transaction worth calculated utilizing trade-date adjacent terms arsenic of Jan. 1, 2026.

What was the superior operator of this transaction's stock flow?
The 41,594 shares were sold straight pursuing the workout of 89,062 banal options, with the shares disposed successful an contiguous merchantability transaction.
How important is the transaction comparative to humanities activity?
This merchantability represented 21.91% of nonstop holdings, which is substantially higher than the caller median of 3.91% per sale, reflecting a ample outflow arsenic remaining capableness for sizable transactions narrows.
Did the transaction interaction indirect oregon entity-controlled holdings?
The merchantability was executed solely from nonstop holdings; Souvik Das reported nary indirect holdings post-transaction, and each shares were attributed to nonstop ownership of Class A Common Stock.
What is the broader accusation for insider capableness and aboriginal activity?
With nonstop holdings reduced to 148,224 shares, the quality to replicate likewise ample income is present constricted unless further equity is granted oregon acquired.

Metric

Value

Market capitalization	N/A
Revenue (TTM)	$640.38 million
Net income (TTM)	$392.23 million
1-year terms change	-11.48%

* 1-year terms alteration calculated arsenic of Jan. 10, 2026.

Provides cloud-based concern accounting, reporting, compliance monitoring, and hazard analytics solutions, with the Clearwater Prism level enabling self-service information integration and reporting.
Operates a Software-as-a-Service (SaaS) concern model, generating gross from recurring subscription fees for its automated concern information aggregation and analytics services.
Serves insurers, concern managers, corporations, organization investors, and authorities entities seeking scalable, automated concern information absorption solutions.