Chief Technology Officer Souvik Das of Clearwater Analytics Holdings sold 41,594 shares for $1,002,103.44 on Jan. 1, 2026, reducing direct ownership to 148,224 shares. The sale followed an option exercise and could limit future large sales without new equity. The transaction was solely from direct holdings, impacting no indirect shares.

The sale represented 21.91% of direct holdings, a significant outflow compared to historical activity. With direct ownership now at 148,224 shares, capacity for similar large transactions is restricted unless new equity is acquired. The sale was non-discretionary for tax obligations, not for personal investment.

Clearwater Analytics agreed to an $8.4 billion take-private deal led by Permira and Warburg Pincus. The deal values shares at $24.55 each, a 47% premium over the pre-announcement price. The transaction includes a go-shop period through Jan. 23, with the deal expected to close in the first half of 2026.

Clearwater Analytics delivers cloud-based investment solutions with a focus on automated data management. The company reported strong Q3 results in 2025, with revenue up 77% year over year. The stock trades just below the acquisition price of $24.55 as of this writing. Analysts previously maintained a buy rating with targets averaging $28-$29.

Read more at Yahoo Finance: Clearwater Analytics CTO Executes Mandated Tax Sale After $8.4 Billion Acquisition Agreement