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.