CCC Intelligent Solutions Holdings Inc. Announces Annual Meeting of Stockholders
Ticker: CCC · Form: DEF 14A · Filed: Apr 9, 2024 · CIK: 1818201
| Field | Detail |
|---|---|
| Company | Ccc Intelligent Solutions Holdings INC. (CCC) |
| Form Type | DEF 14A |
| Filed Date | Apr 9, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, Director Election, Executive Compensation, Auditor Ratification
TL;DR
<b>CCC Intelligent Solutions Holdings Inc. invites stockholders to its virtual Annual Meeting on May 23, 2024, to vote on director elections, executive compensation, and auditor ratification.</b>
AI Summary
CCC Intelligent Solutions Holdings Inc. (CCC) filed a Proxy Statement (DEF 14A) with the SEC on April 9, 2024. CCC Intelligent Solutions Holdings Inc. will hold its Annual Meeting of Stockholders virtually on May 23, 2024, at 10:00 a.m. Central Time. Stockholders will vote on the election of three Class III directors, advisory approval of executive compensation, and ratification of Deloitte & Touche LLP as independent auditor for FY2024. The record date for stockholders entitled to notice is March 26, 2024. The meeting will be conducted online at www.virtualshareholdermeeting.com/CCCS2024. Questions and votes can be submitted electronically during the meeting using a 16-digit control number.
Why It Matters
For investors and stakeholders tracking CCC Intelligent Solutions Holdings Inc., this filing contains several important signals. This proxy statement outlines key corporate governance decisions, including director elections and executive compensation, which directly impact shareholder value and company direction. The ratification of Deloitte & Touche LLP as the independent auditor is crucial for maintaining financial transparency and investor confidence in the company's reporting.
Risk Assessment
Risk Level: low — CCC Intelligent Solutions Holdings Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational changes indicated.
Analyst Insight
Review the nominees for Class III directors and the advisory vote on executive compensation to understand the company's governance and management alignment.
Key Numbers
- 2024-05-23 — Annual Meeting Date (Date of the Annual Meeting of Stockholders.)
- 2024-03-26 — Record Date (Date for determining stockholders entitled to notice.)
- 2027 — Director Term End (Fiscal year until which Class III directors will serve.)
- 2024-12-31 — Fiscal Year End (Fiscal year for which Deloitte & Touche LLP is proposed as auditor.)
Key Players & Entities
- CCC Intelligent Solutions Holdings Inc. (company) — Registrant and filer of the proxy statement.
- Deloitte & Touche LLP (company) — Proposed independent registered public accounting firm.
- Dragoneer Growth Opportunities Corp. (company) — Former name of CCC Intelligent Solutions Holdings Inc.
FAQ
When did CCC Intelligent Solutions Holdings Inc. file this DEF 14A?
CCC Intelligent Solutions Holdings Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 9, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by CCC Intelligent Solutions Holdings Inc. (CCC).
Where can I read the original DEF 14A filing from CCC Intelligent Solutions Holdings Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by CCC Intelligent Solutions Holdings Inc..
What are the key takeaways from CCC Intelligent Solutions Holdings Inc.'s DEF 14A?
CCC Intelligent Solutions Holdings Inc. filed this DEF 14A on April 9, 2024. Key takeaways: CCC Intelligent Solutions Holdings Inc. will hold its Annual Meeting of Stockholders virtually on May 23, 2024, at 10:00 a.m. Central Time.. Stockholders will vote on the election of three Class III directors, advisory approval of executive compensation, and ratification of Deloitte & Touche LLP as independent auditor for FY2024.. The record date for stockholders entitled to notice is March 26, 2024..
Is CCC Intelligent Solutions Holdings Inc. a risky investment based on this filing?
Based on this DEF 14A, CCC Intelligent Solutions Holdings Inc. presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational changes indicated.
What should investors do after reading CCC Intelligent Solutions Holdings Inc.'s DEF 14A?
Review the nominees for Class III directors and the advisory vote on executive compensation to understand the company's governance and management alignment. The overall sentiment from this filing is neutral.
Risk Factors
- Compliance with SEC Regulations [low — regulatory]: The company must comply with all SEC regulations regarding proxy solicitations and annual meetings.
- Virtual Meeting Logistics [low — operational]: Ensuring a smooth and accessible virtual meeting experience for all stockholders is critical for participation.
Key Dates
- 2024-05-23: Annual Meeting of Stockholders — Key date for voting on corporate matters.
- 2024-03-26: Record Date — Determines eligibility to vote at the annual meeting.
Glossary
- DEF 14A
- Definitive Proxy Statement (This filing type indicates the company is providing final proxy materials to shareholders for a meeting.)
- Class III Directors
- Directors elected for a specific term, typically three years, to serve on the company's board. (Shareholders vote on the election of these directors, influencing the company's strategic oversight.)
- Advisory (non-binding) basis
- A vote by shareholders on a proposal that is not legally binding on the company. (Indicates shareholder sentiment on executive compensation, though the board retains final decision-making power.)
Filing Stats: 4,670 words · 19 min read · ~16 pages · Grade level 13.5 · Accepted 2024-04-09 16:43:49
Filing Documents
- ny20019745x1_def14a.htm (DEF 14A) — 1642KB
- logo_ccc.jpg (GRAPHIC) — 25KB
- ny20019745x1_bcvx1.jpg (GRAPHIC) — 2719KB
- ny20019745x1_bherb.jpg (GRAPHIC) — 49KB
- ny20019745x1_ccc.jpg (GRAPHIC) — 11KB
- ny20019745x1_cegan.jpg (GRAPHIC) — 49KB
- ny20019745x1_cover.jpg (GRAPHIC) — 2134KB
- ny20019745x1_cover1x1.jpg (GRAPHIC) — 2412KB
- ny20019745x1_cover2024.jpg (GRAPHIC) — 2400KB
- ny20019745x1_eschloss.jpg (GRAPHIC) — 58KB
- ny20019745x1_ewei.jpg (GRAPHIC) — 42KB
- ny20019745x1_gramamurthy1.jpg (GRAPHIC) — 49KB
- ny20019745x1_incentivechart.jpg (GRAPHIC) — 97KB
- ny20019745x1_jgoodson.jpg (GRAPHIC) — 51KB
- ny20019745x1_letterimage.jpg (GRAPHIC) — 29KB
- ny20019745x1_lyoung1.jpg (GRAPHIC) — 52KB
- ny20019745x1_mfredman.jpg (GRAPHIC) — 50KB
- ny20019745x1_mjprigge.jpg (GRAPHIC) — 49KB
- ny20019745x1_msilva.jpg (GRAPHIC) — 58KB
- ny20019745x1_noticeimage.jpg (GRAPHIC) — 29KB
- ny20019745x1_pc01.jpg (GRAPHIC) — 605KB
- ny20019745x1_pc02.jpg (GRAPHIC) — 517KB
- ny20019745x1_perforx1.jpg (GRAPHIC) — 140KB
- ny20019745x1_piechart1.jpg (GRAPHIC) — 20KB
- ny20019745x1_piechart103.jpg (GRAPHIC) — 22KB
- ny20019745x1_piechart1030.jpg (GRAPHIC) — 12KB
- ny20019745x1_piechart103a.jpg (GRAPHIC) — 11KB
- ny20019745x1_piechart3.jpg (GRAPHIC) — 18KB
- ny20019745x1_piechart41-2.jpg (GRAPHIC) — 17KB
- ny20019745x1_piechart5.jpg (GRAPHIC) — 24KB
- ny20019745x1_piechart61-8.jpg (GRAPHIC) — 20KB
- ny20019745x1_piechart7a.jpg (GRAPHIC) — 10KB
- ny20019745x1_piechart7d.jpg (GRAPHIC) — 11KB
- ny20019745x1_pvp01x4.jpg (GRAPHIC) — 229KB
- ny20019745x1_pvp02x4.jpg (GRAPHIC) — 251KB
- ny20019745x1_pvp03x4.jpg (GRAPHIC) — 264KB
- ny20019745x1_pvp04x3.jpg (GRAPHIC) — 153KB
- ny20019745x1_pvp05x3.jpg (GRAPHIC) — 183KB
- ny20019745x1_salarychart.jpg (GRAPHIC) — 12KB
- ny20019745x1_salarychart2.jpg (GRAPHIC) — 12KB
- ny20019745x1_salarychart3.jpg (GRAPHIC) — 13KB
- ny20019745x1_salarychart4.jpg (GRAPHIC) — 13KB
- ny20019745x1_twilliams.jpg (GRAPHIC) — 57KB
- ny20019745x1_wingram1.jpg (GRAPHIC) — 60KB
- ny20019745x999_ccx1.jpg (GRAPHIC) — 5KB
- ny20019745x999_ccx2.jpg (GRAPHIC) — 5KB
- ny20019745x999_ccx3.jpg (GRAPHIC) — 5KB
- ny20019745x999_cmx1.jpg (GRAPHIC) — 5KB
- ny20019745x999_cmx2.jpg (GRAPHIC) — 5KB
- ny20019745x999_cmx3.jpg (GRAPHIC) — 5KB
- ny20019745x999_crossx1.jpg (GRAPHIC) — 5KB
- ny20019745x999_tick1.jpg (GRAPHIC) — 7KB
- ny20019745x999_tick2x1.jpg (GRAPHIC) — 6KB
- ny2019745x1_paychart.jpg (GRAPHIC) — 38KB
- ny2019745x1_paycharta.jpg (GRAPHIC) — 26KB
- ny2019745x1_paychartb.jpg (GRAPHIC) — 31KB
- sig_githeshramamurthy.jpg (GRAPHIC) — 19KB
- sig_kevinkane.jpg (GRAPHIC) — 12KB
- 0001140361-24-018884.txt ( ) — 38434KB
- cccs-20240523.xsd (EX-101.SCH) — 8KB
- cccs-20240523_def.xml (EX-101.DEF) — 6KB
- cccs-20240523_lab.xml (EX-101.LAB) — 27KB
- cccs-20240523_pre.xml (EX-101.PRE) — 11KB
- ny20019745x1_def14a_htm.xml (XML) — 243KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 59 SECTION 11 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 62 SECTION 12 PROPOSAL 2 – SAY-ON-PAY PROPOSAL 64 SECTION 13 PROPOSAL 3 – AUDITOR RATIFICATION PROPOSAL 65 SECTION 14 AUDIT COMMITTEE REPORT 67 SECTION 15 OTHER MATTERS 68 SECTION 16 WHERE TO FIND ADDITIONAL INFORMATION 69 SECTION 17 COST OF PROXY SOLICITATION 70 SECTION 18 ANNEX A 71 TABLE OF CONTENTS SECTION 01 COMMONLY ASKED QUESTIONS AND ANSWERS ABOUT THE ANNUAL MEETING Q Why did I receive these materials? The Board of the Company is soliciting your proxy to vote at our fiscal year 2024 Annual Meeting of Stockholders (or at any postponement or adjournment of the meeting). Stockholders who own shares of our common stock as of the record date, March 26, 2024 (the "Record Date"), are entitled to vote at the Annual Meeting. You should review these proxy materials carefully as they give important information about the proposals that will be voted on at the Annual Meeting, as well as other important information about the Company. Notice of Internet Availability of Proxy Statement and Annual Report . As permitted by Securities and Exchange Commission ("SEC") rules, we are making this proxy statement and our annual report available to our stockholders electronically via the Internet. The notice of internet availability contains instructions on how to access this proxy statement and our annual report and vote online or submit your proxy over the Internet or by telephone. Even if you received the notice by mail, you will not automatically receive a printed copy of the proxy materials by mail. If you received a notice by mail and would like to receive a printed copy of our proxy materials, you should follow the instructions for requesting such materials contained on the notice. Householding . The SEC rules permit us to print an individual's multiple accounts on a single set of annual meeting materials.