Core Insights - The transaction involved Souvik Das, Chief Technology Officer of Clearwater Analytics, selling 41,594 shares, which represented 21.91% of his direct holdings, reducing them from 189,818 to 148,224 shares [5][7] - The sale was executed following the exercise of 89,062 stock options and was a mandated tax withholding sale [2][7] - Clearwater Analytics is undergoing an $8.4 billion take-private deal led by Permira and Warburg Pincus, with a cash offer of $24.55 per share, reflecting a 47% premium over the share price prior to acquisition news [8][9] Transaction Details - The transaction value was approximately $1,002,103.44, based on a sale price of $24.09 per share [5][3] - The sale was significant compared to historical activity, as the recent median for similar sales was only 3.91% [2] - All shares sold were from direct holdings, with no indirect holdings reported post-transaction [4][1] Company Performance - Clearwater Analytics reported strong Q3 2025 results with revenue of $205.1 million, a 77% year-over-year increase, and adjusted EBITDA of $70.7 million with a 34.5% margin [9] - The company serves over $10 trillion in assets globally, leveraging its technology-driven platform for investment data aggregation and reporting [6][9] - Despite the strong performance, Clearwater shares have declined 11% over the past year, underperforming the S&P 500's 18% gain [10]