Cox James S

Cox James S, Chief Financial Officer of CWAN (Clearwater Analytics Holdings, Inc.), has demonstrated a consistent pattern of selling activity in recent months, with no recorded purchases since at least early 2026. SEC Form 4 filings reveal 13 sales transactions totaling approximately $3.5 million between January and March 2026, continuing a broader trend where his total sell value of $12.0 million significantly outweighs his $1.4 million in lifetime buys. The most notable disposals occurred on February 18, 2026, when Cox sold $2.2 million worth of CWAN shares across three transactions, including a single sale valued at $1.4 million. This was followed by additional sales on March 16 totaling $1.1 million, split between open market dispositions and transactions coded as derivative dispositions (F) and gifts (M). The transactions show Cox systematically reducing his position through both planned sales and other transfer methods, with smaller sales interspersed throughout January and February. While some sales appear to be routine (such as the $169,742 and $258,774 derivative dispositions on February 17), the concentration of high-value sales in February suggests an accelerated divestment phase. The absence of any recent buys, combined with the fact that all 86 of his lifetime transactions involve only CWAN stock, indicates a focused but declining equity position in his employer. The pattern aligns with executives periodically liquidating stock for diversification or liquidity needs, though the scale and timing of these sales warrant attention given their frequency within a compressed timeframe.