Clearwater Analytics CTO Sells $240,100 in Stock

Souvik Das, the chief technology officer, reduces his stake in the company by 4.76%

Apr. 13, 2026 at 1:24pm

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A highly detailed, cinematic close-up of gleaming, industrial banking machinery and mechanisms, conveying a sense of institutional financial security and stored wealth without using literal currency or charts.An extreme close-up of Clearwater Analytics' robust financial infrastructure highlights the company's role in powering institutional investment management.Boise Today

Clearwater Analytics Holdings, Inc. (NYSE:CWAN) CTO Souvik Das sold 10,000 shares of the company's stock on April 8th, 2026 for a total transaction of $240,100. Following the sale, Das now owns 200,109 shares in the company, valued at $4,804,617.09, representing a 4.76% decrease in his position.

Why it matters

Insider sales can provide insight into executive sentiment about a company's prospects. While a single transaction does not necessarily indicate broader trends, the CTO's sale of a sizable portion of his holdings may signal some caution about the company's short-term outlook.

The details

The stock sale was executed under a pre-arranged Rule 10b5-1 trading plan, which allows corporate insiders to schedule stock transactions in advance and avoid allegations of insider trading. Das has made several other recent sales, including 14,686 shares on March 31st, 10,000 shares on March 9th, 88,848 shares on February 18th, and 10,000 shares on February 9th.

  • The stock sale occurred on April 8, 2026.
  • Das has made several other recent sales dating back to February 2026.

The players

Souvik Das

The chief technology officer of Clearwater Analytics Holdings, Inc.

Clearwater Analytics Holdings, Inc.

A global provider of web-based investment portfolio accounting, reporting, and analytics solutions.

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The takeaway

While insider sales can sometimes raise questions, it's important to note that this transaction was pre-planned and executed under a Rule 10b5-1 trading plan. The CTO's reduced stake may simply reflect personal financial planning rather than a broader concern about the company's outlook.