Clearwater Analytics Holdings Inc. (CWAN) Insider Trading

Last 12 months

Insiders sold $45.2M and bought nothing on the open market.

10% of the selling was scheduled in advance under 10b5-1 plans. Director D Scott Mackesy sold $15.4M on Jun 15, 100% of their stake, outside a plan. The last open-market buy by an executive or director was in May 2022.

Net open-market

−$45.2M

0 buys · 37 sales

Under a 10b5-1 plan

10%

of the value sold

Insiders who bought / sold

0 / 6

executives and directors

Last open-market buy

May 2022

May 31, 2022

Get an email when CWAN's executives or directors buy, or make a large sale outside a plan.

Trades · last 2 years

Date	Insider	Trade	Shares	Price	Value	Of their stake	Filing
Jun 15	D Scott Mackesy Director	SoldNo plan	633,879	$24.30	$15.4M	100%	Form 4
Jun 8	Souvik Das Chief Technology Officer	Sold10b5-1 plan	10,000	$24.35	$244k	5.3%	Form 4
May 8	Souvik Das Chief Technology Officer	Sold10b5-1 plan	10,000	$24.34	$243k	5.0%	Form 4
Apr 15	James S Cox Chief Financial Officer	Sold10b5-1 plan 4 parts	18,700	$24.07 average	$450k	3.7%	Form 4
Apr 8	Souvik Das Chief Technology Officer	Sold10b5-1 plan	10,000	$24.01	$240k	4.8%	Form 4
Mar 31	Subi Sethi Chief Client Officer	SoldNo plan 3 parts	19,858	$23.80 average	$473k	4.9%	Form 4
Mar 31	Souvik Das Chief Technology Officer	SoldNo plan 3 parts	14,686	$23.80 average	$350k	6.5%	Form 4
Mar 31	Scott Stanley Erickson Chief Revenue Officer	SoldNo plan 3 parts	18,790	$23.80 average	$447k	11%	Form 4
Mar 31	Sandeep Sahai Chief Executive Officer	SoldNo plan 3 parts	51,967	$23.80 average	$1.24M	3.5%	Form 4
Mar 31	James S Cox Chief Financial Officer	SoldNo plan 3 parts	21,631	$23.80 average	$515k	4.3%	Form 4
Mar 16	James S Cox Chief Financial Officer	SoldNo plan 2 parts	18,700	$23.33 average	$436k	3.8%	Form 4
Mar 9	Souvik Das Chief Technology Officer	Sold10b5-1 plan	10,000	$23.37	$234k	4.8%	Form 4
Feb 18	Subi Sethi Chief Client Officer	SoldNo plan 3 parts	76,689	$23.44 average	$1.8M	17%	Form 4
Feb 18	Souvik Das Chief Technology Officer	SoldNo plan 3 parts	88,848	$23.44 average	$2.08M	30%	Form 4
Feb 18	Scott Stanley Erickson Chief Revenue Officer	SoldNo plan 3 parts	74,530	$23.44 average	$1.75M	35%	Form 4
Feb 18	Sandeep Sahai Chief Executive Officer	SoldNo plan 3 parts	233,813	$23.44 average	$5.48M	15%	Form 4
Feb 18	James S Cox Chief Financial Officer	SoldNo plan 3 parts	93,930	$23.44 average	$2.2M	17%	Form 4
Feb 17	James S Cox Chief Financial Officer	Sold10b5-1 plan 4 parts	18,700	$22.97 average	$429k	4.6%	Form 4
Feb 9	Souvik Das Chief Technology Officer	Sold10b5-1 plan	10,000	$23.89	$239k	7.2%	Form 4
Jan 15	James S Cox Chief Financial Officer	Sold10b5-1 plan 4 parts	18,700	$24.14 average	$451k	4.5%	Form 4
Jan 8	Souvik Das Chief Technology Officer	Sold10b5-1 plan	10,000	$24.08	$241k	6.7%	Form 4
Jan 1	Subi Sethi Chief Client Officer	SoldNo plan 2 parts	25,646	$24.09 average	$618k	8.5%	Form 4
Jan 1	Souvik Das Chief Technology Officer	SoldNo plan 3 parts	41,594	$24.09 average	$1M	22%	Form 4
Jan 1	Scott Stanley Erickson Chief Revenue Officer	SoldNo plan 2 parts	44,386	$24.09 average	$1.07M	38%	Form 4
Jan 1	Sandeep Sahai Chief Executive Officer	SoldNo plan 2 parts	134,130	$24.09 average	$3.23M	11%	Form 4
Jan 1	James S Cox Chief Financial Officer	SoldNo plan 2 parts	63,709	$24.09 average	$1.53M	14%	Form 4
Dec 31, 2025	Subi Sethi Chief Client Officer	SoldNo plan 2 parts	7,344	$24.08 average	$177k	3.0%	Form 4
Dec 31, 2025	Souvik Das Chief Technology Officer	SoldNo plan 2 parts	5,273	$24.08 average	$127k	5.0%	Form 4
Dec 31, 2025	Scott Stanley Erickson Chief Revenue Officer	SoldNo plan 2 parts	4,454	$24.08 average	$107k	16%	Form 4
Dec 31, 2025	Sandeep Sahai Chief Executive Officer	SoldNo plan 2 parts	16,394	$24.08 average	$395k	1.7%	Form 4
Dec 31, 2025	James S Cox Chief Financial Officer	SoldNo plan 2 parts	5,859	$24.08 average	$141k	1.7%	Form 4
Dec 17, 2025	James S Cox Chief Financial Officer	Sold10b5-1 plan	7,425	$22.00	$163k	2.2%	Form 4
Dec 15, 2025	James S Cox Chief Financial Officer	Sold10b5-1 plan 3 parts	11,275	$21.41 average	$241k	3.3%	Form 4
Dec 8, 2025	Souvik Das Chief Technology Officer	Sold10b5-1 plan	10,000	$21.59	$216k	9.4%	Form 4
Nov 25, 2025	James S Cox Chief Financial Officer	Sold10b5-1 plan	29,700	$22.00	$653k	8.2%	Form 4
Nov 17, 2025	James S Cox Chief Financial Officer	Sold10b5-1 plan 3 parts	11,275	$19.74 average	$223k	3.3%	Form 4
Nov 12, 2025	Souvik Das Chief Technology Officer	Sold10b5-1 plan 2 parts	20,000	$20.21 average	$404k	16%	Form 4
Oct 15, 2025	James S Cox Chief Financial Officer	Sold10b5-1 plan 2 parts	11,275	$17.98 average	$203k	3.2%	Form 4
Sep 30, 2025	Souvik Das Chief Technology Officer	SoldNo plan 2 parts	5,327	$17.68 average	$94k	4.1%	Form 4
Sep 30, 2025	Subi Sethi Chief Client Officer	SoldNo plan 2 parts	7,434	$17.68 average	$131k	3.2%	Form 4

Jun 15No plan
D Scott Mackesy
Director · sold 633,879 at $24.30
$15.4M
100% of stake
Jun 810b5-1 plan
Souvik Das
Chief Technology Officer · sold 10,000 at $24.35
$244k
5.3% of stake
May 810b5-1 plan
Souvik Das
Chief Technology Officer · sold 10,000 at $24.34
$243k
5.0% of stake
Apr 1510b5-1 plan
James S Cox
Chief Financial Officer · sold 18,700 at avg $24.07
$450k
3.7% of stake
Apr 810b5-1 plan
Souvik Das
Chief Technology Officer · sold 10,000 at $24.01
$240k
4.8% of stake
Mar 31No plan
Subi Sethi
Chief Client Officer · sold 19,858 at avg $23.80
$473k
4.9% of stake
Mar 31No plan
Souvik Das
Chief Technology Officer · sold 14,686 at avg $23.80
$350k
6.5% of stake
Mar 31No plan
Scott Stanley Erickson
Chief Revenue Officer · sold 18,790 at avg $23.80
$447k
11% of stake
Mar 31No plan
Sandeep Sahai
Chief Executive Officer · sold 51,967 at avg $23.80
$1.24M
3.5% of stake
Mar 31No plan
James S Cox
Chief Financial Officer · sold 21,631 at avg $23.80
$515k
4.3% of stake
Mar 16No plan
James S Cox
Chief Financial Officer · sold 18,700 at avg $23.33
$436k
3.8% of stake
Mar 910b5-1 plan
Souvik Das
Chief Technology Officer · sold 10,000 at $23.37
$234k
4.8% of stake
Feb 18No plan
Subi Sethi
Chief Client Officer · sold 76,689 at avg $23.44
$1.8M
17% of stake
Feb 18No plan
Souvik Das
Chief Technology Officer · sold 88,848 at avg $23.44
$2.08M
30% of stake
Feb 18No plan
Scott Stanley Erickson
Chief Revenue Officer · sold 74,530 at avg $23.44
$1.75M
35% of stake
Feb 18No plan
Sandeep Sahai
Chief Executive Officer · sold 233,813 at avg $23.44
$5.48M
15% of stake
Feb 18No plan
James S Cox
Chief Financial Officer · sold 93,930 at avg $23.44
$2.2M
17% of stake
Feb 1710b5-1 plan
James S Cox
Chief Financial Officer · sold 18,700 at avg $22.97
$429k
4.6% of stake
Feb 910b5-1 plan
Souvik Das
Chief Technology Officer · sold 10,000 at $23.89
$239k
7.2% of stake
Jan 1510b5-1 plan
James S Cox
Chief Financial Officer · sold 18,700 at avg $24.14
$451k
4.5% of stake
Jan 810b5-1 plan
Souvik Das
Chief Technology Officer · sold 10,000 at $24.08
$241k
6.7% of stake
Jan 1No plan
Subi Sethi
Chief Client Officer · sold 25,646 at avg $24.09
$618k
8.5% of stake
Jan 1No plan
Souvik Das
Chief Technology Officer · sold 41,594 at avg $24.09
$1M
22% of stake
Jan 1No plan
Scott Stanley Erickson
Chief Revenue Officer · sold 44,386 at avg $24.09
$1.07M
38% of stake
Jan 1No plan
Sandeep Sahai
Chief Executive Officer · sold 134,130 at avg $24.09
$3.23M
11% of stake
Jan 1No plan
James S Cox
Chief Financial Officer · sold 63,709 at avg $24.09
$1.53M
14% of stake
Dec 31, 2025No plan
Subi Sethi
Chief Client Officer · sold 7,344 at avg $24.08
$177k
3.0% of stake
Dec 31, 2025No plan
Souvik Das
Chief Technology Officer · sold 5,273 at avg $24.08
$127k
5.0% of stake
Dec 31, 2025No plan
Scott Stanley Erickson
Chief Revenue Officer · sold 4,454 at avg $24.08
$107k
16% of stake
Dec 31, 2025No plan
Sandeep Sahai
Chief Executive Officer · sold 16,394 at avg $24.08
$395k
1.7% of stake
Dec 31, 2025No plan
James S Cox
Chief Financial Officer · sold 5,859 at avg $24.08
$141k
1.7% of stake
Dec 17, 202510b5-1 plan
James S Cox
Chief Financial Officer · sold 7,425 at $22.00
$163k
2.2% of stake
Dec 15, 202510b5-1 plan
James S Cox
Chief Financial Officer · sold 11,275 at avg $21.41
$241k
3.3% of stake
Dec 8, 202510b5-1 plan
Souvik Das
Chief Technology Officer · sold 10,000 at $21.59
$216k
9.4% of stake
Nov 25, 202510b5-1 plan
James S Cox
Chief Financial Officer · sold 29,700 at $22.00
$653k
8.2% of stake
Nov 17, 202510b5-1 plan
James S Cox
Chief Financial Officer · sold 11,275 at avg $19.74
$223k
3.3% of stake
Nov 12, 202510b5-1 plan
Souvik Das
Chief Technology Officer · sold 20,000 at avg $20.21
$404k
16% of stake
Oct 15, 202510b5-1 plan
James S Cox
Chief Financial Officer · sold 11,275 at avg $17.98
$203k
3.2% of stake
Sep 30, 2025No plan
Souvik Das
Chief Technology Officer · sold 5,327 at avg $17.68
$94k
4.1% of stake
Sep 30, 2025No plan
Subi Sethi
Chief Client Officer · sold 7,434 at avg $17.68
$131k
3.2% of stake

How to read this. Insiders sell for many reasons: taxes, diversifying, a house. Open-market buys are rarer and say more. A 10b5-1 plan is a trading schedule set up months in advance, so those sales were not timed on news. Large holders (funds and 10% owners) are listed under Everything but not counted as insiders. If you own or watch CWAN, we send a push when an executive buys or makes a large sale outside a plan.

Source: SEC Form 4 filings, filed within two business days of each trade and checked for new ones every hour.

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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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