Clarus CFO exercises 25,000-share stock award
Clarus Corp Chief Financial Officer Michael J. Yates exercised a restricted stock award to acquire 25,000 shares of Common Stock on March 11, 2026.
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Rhea-AI Filing Summary
Clarus Corp Chief Financial Officer Michael J. Yates exercised a restricted stock award to acquire 25,000 shares of Common Stock on March 11, 2026. This transaction reflects the conversion of previously granted restricted stock under the company’s 2015 Stock Incentive Plan, rather than an open‑market purchase or sale.
Following the exercise, Yates directly holds 65,000 shares of Clarus Common Stock. The derivative award of 50,000 restricted shares had been granted earlier, with all shares vesting and becoming non‑forfeitable on March 11, 2025 and March 11, 2026, as described in the filing footnote.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Award | 25,000 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.0001 per share ("Common Stock") | 25,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Comprised of a restricted stock award previously granted under the Issuer's 2015 Stock Incentive Plan consisting of 50,000 restricted shares of Common Stock all of which vested and become non-forfeitable on March 11, 2025 and March 11, 2026, respectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Clarus Corp (CLAR) report for Michael J. Yates?
Was the Clarus Corp (CLAR) Form 4 a stock purchase or sale by the CFO?
What equity award did Michael J. Yates exercise in the Clarus Corp (CLAR) Form 4?
Does the Clarus Corp (CLAR) Form 4 indicate any remaining derivative position for the CFO?
How is the restricted stock award described in the Clarus Corp (CLAR) Form 4 footnote?
AI-generated analysis. How Rhea-AI works. Not financial advice.