STOCK TITAN

Clarus Corp (CLAR) CFO exercises 25,000-share restricted stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
YATES MICHAEL J

(Last) (First) (Middle)
C/O CLARUS CORPORATION
2084 EAST 3900 SOUTH

(Street)
SALT LAKE CITY UT 84124

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Clarus Corp [ CLAR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.0001 per share ("Common Stock") 03/11/2026 M 25,000 A (1) 65,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Award (1) 03/11/2026 M 25,000 (1) (1) Common Stock 50,000 $0 0 D
Explanation of Responses:
1. 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.
/s/ Michael J. Yates 03/11/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Clarus Corp (CLAR) report for Michael J. Yates?

Clarus Corp reported that CFO Michael J. Yates exercised a restricted stock award to acquire 25,000 shares of Common Stock on March 11, 2026. This was a derivative exercise, not an open‑market buy or sell transaction, and increased his directly held share position.

How many Clarus Corp (CLAR) shares does CFO Michael J. Yates hold after this Form 4?

After the reported transaction, Michael J. Yates directly holds 65,000 shares of Clarus Common Stock. This total reflects shares received from exercising 25,000 units from a previously granted restricted stock award, as disclosed in the Form 4 filing data.

Was the Clarus Corp (CLAR) Form 4 a stock purchase or sale by the CFO?

The Form 4 does not show an open‑market purchase or sale by the CFO. Instead, it reports a derivative exercise of a restricted stock award, where 25,000 underlying shares of Common Stock were acquired as part of previously granted equity compensation.

What equity award did Michael J. Yates exercise in the Clarus Corp (CLAR) Form 4?

Michael J. Yates exercised a restricted stock award previously granted under Clarus Corp’s 2015 Stock Incentive Plan. The award comprised 50,000 restricted shares of Common Stock that vested and became non‑forfeitable on March 11, 2025 and March 11, 2026, according to the footnote.

Does the Clarus Corp (CLAR) Form 4 indicate any remaining derivative position for the CFO?

The Form 4 derivative summary is empty, indicating no remaining derivative positions are reported in this filing. The transaction summary shows one derivative exercise for 25,000 shares, suggesting the reported restricted stock award was fully addressed in this transaction record.

How is the restricted stock award described in the Clarus Corp (CLAR) Form 4 footnote?

The footnote explains that the transaction comes from a restricted stock award under the 2015 Stock Incentive Plan, consisting of 50,000 restricted shares of Common Stock. All these shares vested and became non‑forfeitable on March 11, 2025 and March 11, 2026, respectively.
Clarus Corp

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United States
SALT LAKE CITY