Company: CWAN
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001866368-25-000031
Chunk: 125

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 125
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Announced Plan or Program (1)Approximate Dollar Value of Shares that May Yet BePurchased Under the Plan or Program (in millions)July 1 to July 31, 2025— $— — $— August 1 to August 31, 2025— $— — $— September 1 to September 30, 2025456,568 $19.41 456,568 $91.1 Total456,568 456,568 

(1) In August 2025, the Board of Directors authorized a program to repurchase up to $100.0 million of the Company’s Class A common stock (the “Share Repurchase Program”). The Share Repurchase Program does not have a fixed expiration date and does not obligate the Company to acquire any specific number of shares. The timing, quantity and price of any share repurchase may vary. Shares may be repurchased through open market purchases or privately negotiated transactions, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. See Note 12 — Stockholders' Equity in Part I, Item 1 of this Quarterly Report on Form 10-Q for additional information related to share repurchases.

(2) Weighted average price paid per share includes costs associated with the repurchases.

Item 3. Defaults Upon Senior Securities.

None. 

Item 4. Mine Safety Disclosures.

Not applicable. 

44

Item 5. Other Information.

There were no adoptions or terminations of contracts, instructions or written plans for the purchase or sale of our securities by our Section 16 officers and directors for the three months ended September 30, 2025 intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act (“Rule 10b5-1 Plan”).

We inadvertently omitted the disclosure of a Rule 10b5-1 Plan adopted by Souvik Das, our Chief Technology Officer, on May 6, 2025, in Item 5 of Part II in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2025. The Rule 10b5-1 Plan was intended to satisfy the affirmative defense in Rule 10b5-1(c). The details of this plan are set forth below.

Name and TitleDateActionExpiration DateTotal Shares Subject to PlanSou