Company: CWAN
Filing Date: 2025-08-05
Form Type: 8-K
Source: 0001866368-25-000010
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Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-08-05
Form: 8-K
Item: Item 5.02
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On July 31, 2025, the Board of Directors (the “ Board”) of Clearwater Analytics Holdings, Inc. (the “ Company”) appointed Bas NieuweWeme to the Board, effective immediately. Mr. Bas NieuweWeme will serve as a Class I director with a term expiring at the Company’s Annual Meeting of Stockholders in 2028.

For serving on the Board, Mr. NieuweWeme will be eligible to receive an annualized cash retainer equal to $40,000 per calendar year. For his initial year of service on the Board, Mr. NieuweWeme will receive a grant of restricted stock units with an equivalent value of $350,000, with the number of restricted stock units calculated by dividing $350,000 by the ten trading-day average closing share price leading up to the day of the grant, vesting in three equal installments on each of the first, second and third anniversaries of the day of the grant, subject to Mr. NieuweWeme’s continued service through each applicable vesting date. Mr. NieuweWeme will also be eligible for an annual grant of restricted stock units with an equivalent value of $200,000, with the number of restricted stock units calculated by dividing $200,000 by the ten trading-day average closing share price leading up to the day of the grant.

Mr. NieuweWeme, 53, has over 25 years of executive leadership experience in the asset management industry and is currently a Senior Advisor at Boston Consulting Group, which he joined in June 2025. Mr. NieuweWeme has also been the team manager for the Dutch National Men’s Hockey Team since November 2024. Previously, Mr. NieuweWeme was the Chief Executive Officer of Aegon Asset Management and a member of the Aegon Ltd. Executive Committee between 2019 to 2024. Mr. NieuweWeme also previously served as a Non-Executive Director and Vice Chairman of the Supervisory Board of La Banque Postale Asset Management from 2019 to 2024 and as a member of the Board of Directors of Aegon Industrial Fund Management Company Limited from 2019 to 2024. Mr. NieuweWeme holds a law degree from the University