Das Souvik, Chief Technology Officer at Clearwater Analytics Holdings (CWAN), has demonstrated a consistent pattern of selling company stock over the past several months, with no recorded purchases in the same period. According to SEC Form 4 filings, Souvik executed 15 sales between September 2025 and March 2026, totaling approximately $4.96 million in aggregate value. The transactions varied in size, with notable dispositions including a $1.37 million sale on February 18, 2026, followed by two additional sales the same day worth $375,582 and $341,451. Earlier in the year, on January 1, 2026, he sold shares worth $820,542, supplemented by two smaller transactions totaling $181,561.
The selling activity has been steady, with multiple transactions occurring in close succession—particularly in early 2026. For example, Souvik sold $233,730 worth of shares on March 9, 2026, following a $238,875 sale on February 9 and a $240,825 sale on January 8. The absence of any buy transactions suggests a one-sided disposition of holdings, though the filings do not indicate whether these sales were part of a prearranged trading plan. The transactions were exclusively in CWAN stock, reinforcing a concentrated divestment strategy rather than diversification across multiple holdings. While the reasons for the sales remain undisclosed, the pattern reflects a clear reduction in Souvik’s equity position in Clearwater Analytics.
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