Chief Operating Officer · Clearwater Analytics Holdings, Inc. (CWAN)

Subi Sethi

A named executive officer of Clearwater Analytics in every fiscal year CompBrief holds from FY2023 to FY2024. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2024

$5,904,211

FY2023: $8,378,545

2nd of 5 named executive officers at Clearwater Analytics by FY2024 total.

5 named officers on file for Clearwater Analytics, FY2024

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What this number hides

The filing gives the total. Clearwater Analytics’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed April 1, 2026 (10-K). Insider transactions since that proxy, current to 2026-11-07.

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Subi Sethi compensation by year

Clearwater Analytics Summary Compensation Table · all 3 fiscal years held
In US dollars, as Clearwater Analytics reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2024FY2025
Salary$312,198$350,000$350,000
Bonus$99,500$100,000$0
Stock awards$7,596,000$4,860,000$6,937,500
Option awards$0$0$0
Non-equity incentive$230,500$255,000$300,122
Pension and deferred compensation$0$0$0
All other$140,347$339,211$91,020
Total$8,378,545$5,904,211$7,678,642

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Clearwater Analytics Holdings, Inc. 10-K filed April 1, 2026, accession 0001866368-26-000013, and prior-year filings.

How this page was built: the Clearwater Analytics Holdings, Inc. filed document, accession 0001866368-26-000013. Every figure is read from that document and cited to the page and table it appears in. Filed April 1, 2026.

$8.4M
$5.9M
$7.7M
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU100,000$2,412,000—
RSU93,750$2,261,250—
PSU91,666$2,210,991—
RSU73,333$1,768,809—
RSU62,500$1,507,500—
PSU45,834$1,105,509—
RSU45,833$1,105,485—
RSU17,575$423,909—

Per the Outstanding Equity Awards at Fiscal Year-End table in Clearwater Analytics Holdings, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Insider transactions since the last proxy

20 Form 4 lines since the FY2024 proxy (filed April 1, 2026)
current to 2026-11-07 · updated nightly
DateTransactionPlanSharesPriceHeld after
2026-06-25Disposition to the issuer derivative—85,937$24.550
2026-06-25Disposition to the issuer derivative—6,614$20.1535,261
2026-06-25Disposition to the issuer derivative—6,701$20.150
2026-06-25Disposition to the issuer derivative—45,833$24.550
2026-06-25Grant or award derivative—91,665$24.5591,665
2026-06-25Disposition to the issuer derivative—91,665$24.550
2026-06-25Disposition to the issuer derivative—54,687$24.550
2026-06-25Disposition to the issuer—388,256$24.550

The 8 most recent of 20 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Change-in-control & termination

estimated payments Clearwater Analytics discloses, by trigger · FY2024
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Change in control and involuntary termination$87,500$13,386,455—$13,473,955
Involuntary termination without cause$87,500——$87,500
Change in control, no termination—$1,170,327—$1,170,327

Per the Potential Payments Upon Termination or Change in Control table in Clearwater Analytics Holdings, Inc.'s FY2024 proxy. Estimates as the company printed them; a dash means it printed no figure.

Clearwater Analytics’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
Sandeep SahaiChief Executive Officer and Director$11,123,831
Subi Sethi · this pageChief Operating Officer$5,904,211
Souvik DasChief Technology Officer$3,822,998
Jim CoxChief Financial Officer$3,486,246
Scott EricksonChief Revenue Officer$3,381,491

The full Clearwater Analytics compensation record

free company brief

This page is one person within Clearwater Analytics's record. The company brief lists every named executive, each linking to their own page.

Peer companies

named in the Clearwater Analytics proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Clearwater Analytics's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Clearwater Analytics's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

Subi Sethi's compensation dossier