Monitor for actual execution of the sale on Form 4. If the sale proceeds at a value consistent with market prices (~$36/share), it would represent a modest insider sale (~$7.4M) and likely be routine. However, the reported $297M value, if accurate, would be a significant event warranting further investigation into potential data errors or a different security.
Price Chart
Executive Summary
Director D. Scott Mackesy filed a Form 144 indicating intent to sell 206,103 shares of Class A Common Stock, with an estimated market value of $297,375,155. The shares were acquired as compensation in November 2020 and are held in a trust. The filing signals a planned sale, but the reported value appears inconsistent with the company's $7.3B market cap, suggesting a possible data anomaly or misinterpretation.
Key Facts
- Filer: D. Scott Mackesy, Director of Clearwater Analytics Holdings, Inc.
- Shares to be sold: 206,103 shares of Class A Common Stock
- Estimated market value: $297,375,155 (based on filing data; appears inconsistent with market cap)
- Shares acquired on 11/02/2020 as compensation from the issuer
- Sale to be executed through J.P. Morgan Securities LLC
- Shares held in DSM 2014 Irrevocable Descendants Trust, with Mackesy as Trustee
Financial Impact
The filing reports an estimated value of $297,375,155 for 206,103 shares, implying a per-share price of ~$1,443, which is inconsistent with the current market cap of $7.3B. The actual dollar impact is unclear due to this discrepancy.
Risk Factors
- Potential insider selling pressure if the sale is executed at a material dollar amount
- Data inconsistency in the filing may indicate a reporting error or misinterpretation
- Director sales are generally less impactful than C-suite sales, but the large reported value raises uncertainty
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001968582-26-000613 |
| Document: 0001968582-26-000613-index.html | 0001968582-26-000613 |
| Document: 0001968582-26-000613.txt | 0001968582-26-000613 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 6, 2026 12w ago | 15-12G | $24.56 awaiting T+5 | awaiting T+5 | — | — |
Jun 22, 2026 14w ago | 8-K | $24.53 $24.56 | ▲ +0.12% | ▲ +0.58% | — |
Jun 17, 2026 15w ago | Insider Cluster | $24.29 $24.56 | ▲ +1.11% | ▲ +2.78% | — |
Jun 15, 2026 15w ago | 144 | $24.25 $24.55 | ▲ +1.24% | ▲ +3.47% | — |
Jun 15, 2026 15w ago | 144 | $24.25 $24.55 | ▼ −1.24% | ▼ −3.47% | — |
May 7, 2026 21w ago | 8-K | $24.35 $24.37 | ▲ +0.08% | ▼ −1.38% | — |
Apr 15, 2026 24w ago | 144 | $24.11 $24.18 | ▲ +0.29% | ▼ −0.69% | — |
Apr 8, 2026 25w ago | DEFM14A | $24.02 $24.04 | ▲ +0.08% | ▼ −3.43% | — |
Apr 8, 2026 25w ago | Insider Cluster | $24.02 $24.04 | ▼ −0.08% | ▲ +3.43% | — |
Apr 1, 2026 26w ago | 10-K/A | $23.80 $24.00 | ▲ +0.84% | ▼ −2.78% | — |
US Market Status
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