Form 4: Michael J. Yates Purchases 15,000 Clarus Shares at ~$3.20–$3.40
Rhea-AI Filing Summary
Michael J. Yates, Chief Financial Officer of Clarus Corporation (CLAR), reported two open-market purchases of Common Stock on August 13-14, 2025. He purchased 6,200 shares on 08/13/2025 at a reported price of $3.20 per share and 8,800 shares on 08/14/2025 at a weighted average price of $3.3999 per share (purchases ranged $3.3884–$3.4099). Following these transactions, Mr. Yates beneficially owns 40,000 shares of Clarus Common Stock. The Form 4 identifies the transactions as purchases executed in the market and includes an undertaking to disclose per-price purchase details on request.
Positive
- Insider purchases reported: CFO Michael J. Yates bought a total of 15,000 shares across 08/13/2025 and 08/14/2025.
- Increased beneficial ownership: Holdings rose to 40,000 shares following the reported transactions.
- Clear pricing disclosure: Filing discloses a weighted average price and offers per-lot price details on request, improving transparency.
- Form properly executed: Form 4 is signed and dated, meeting Section 16 reporting requirements.
Negative
- None.
Insights
TL;DR: Insider purchases by the CFO increase his stake to 40,000 shares; transactions appear routine and modest in scale.
The reported open-market acquisitions total 15,000 shares across two days at a weighted average and a fixed-price lot. These purchases increase the CFO's direct beneficial ownership to 40,000 shares. Without company market-cap or share-count context in this filing, the purchases are observable insider buying but cannot be assessed for materiality relative to overall capitalization. The filing properly discloses weighted-average pricing and offers further per-lot detail on request.
TL;DR: Form 4 is complete and compliant, showing standard Section 16 reporting for open-market purchases by an officer.
The Form 4 identifies the reporting person, relationship to the issuer (CFO), transaction dates, codes and amounts, and includes the customary explanatory footnote regarding weighted-average pricing. The filing is signed and dated. The disclosure that per-lot pricing details are available on request aligns with common practice. No amendments or additional beneficial ownership structures are referenced.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 8,800 | $3.3999 | $30K |
| Purchase | Common Stock, par value $0.0001 per share ("Common Stock") | 6,200 | $3.20 | $20K |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price per share. These shares of Common Stock were purchased in multiple transactions at prices ranging from $3.3884 -$3.4099 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock purchased at each separate price within the ranges set forth in this footnote (1) to this Form 4.
FAQ
What transactions did the Clarus (CLAR) CFO report on Form 4?
Was the Form 4 signed and dated by the reporting person?
Does the filing indicate any indirect ownership or derivatives?
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