Clearwater Analytics Holdings, Inc. — Director's Dealing 2025

Jul 16, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clearwater Analytics Holdings, Inc. (CWAN)
CIK: 0001866368
Period of Report: 2025-07-14

Reporting Person: Sahai Sandeep (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-07-14	Class A Common Stock	M	113648.00	$4.40	Acquired	1009311.00	Direct
2025-07-14	Class A Common Stock	F	63648.00	$22.1525	Disposed	945663.00	Direct
2025-07-14	Class A Common Stock	S	50000.00	$22.1525	Disposed	895663.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-07-14	Stock Option (Right to Buy)	$4.40	M	113648.00	Disposed	2028-11-29	Class A Common Stock (113648.00)	Direct

Footnotes

F1: This disposition represents shares withheld to cover tax withholding obligations in connection with the exercise and settlement of stock options. The disposition is mandated by the Issuer and does not represent a discretionary transaction by the Reporting Person.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 9, 2024.

F3: This transaction was executed in multiple trades at prices ranging from $21.73 USD to $22.31 USD; the price reported above reflects the weighted average sale price.

F4: Vests 915,750 share(s) on 02-Nov-2020, 555,000 share(s) on 16-Jan-2019, 555,000 share(s) on 21-Jan-2020, 249,750 share(s) on 05-Mar-2021, 249,750 share(s) on 01-Jan-2022, 249,750 share(s) on 01-Jan-2023