Company: CWAN
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001866368-25-000031
Chunk: 12

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part II, Item 2
Chunk 12
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Item 2. Unregistered Sales of Equity Securities.

Issuer Purchases of Equity Securities

The following table sets forth information with respect to shares of Class A common stock purchased by the Company during the three months ended September 30, 2025:

PeriodTotal Number of SharesPurchasedWeighted Average Price Paid perShare (2)Total Number of SharesPurchased as Part of PubliclyAnnounced 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. 

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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