CLOV (Nasdaq: CLOV) plans Rule 144 sale of 60765 shares
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
CLOV records a Form 144 notice covering the planned sale of 60765 shares of Class A Common Stock, to be sold through Morgan Stanley Smith Barney LLC on Nasdaq, dated 07/15/2026.
The shares arise from Restricted Stock Units granted by the issuer as compensation, with acquisition and payment dated 07/15/2026. The filing also lists 10b5-1 sales for Andrew Toy of 313476 shares of Class A Common Stock on 07/01/2026 for aggregate proceeds of 1667692.32 during the past three months.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 60765 shares
Planned sale date: 07/15/2026
Prior shares sold: 313476 shares
+1 more
4 metrics
Shares to be sold
60765 shares
Class A Common Stock covered by the Form 144 notice
Planned sale date
07/15/2026
Date associated with proposed sale of Class A Common Stock
Prior shares sold
313476 shares
10b5-1 sales during the past 3 months for Andrew Toy
Prior sale proceeds
1667692.32
Aggregate value of 10b5-1 sales on 07/01/2026
Key Terms
Form 144, Restricted Stock Unit, 10b5-1, Class A Common Stock
4 terms
Form 144 regulatory
"144: Securities Information and related Form 144 notice of proposed sale"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Unit financial
"Class A Common Stock | 07/15/2026 | Restricted Stock Unit | Issuer"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
10b5-1 regulatory
"10b5-1 Sales for Andrew Toy 1209 Orange Street Wilmington DE 19801"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Class A Common Stock financial
"Class A Common Stock | Morgan Stanley Smith Barney LLC | Nasdaq"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What prior CLOV stock sales by Andrew Toy are disclosed?
The filing lists 10b5-1 sales for Andrew Toy of 313476 shares of Class A Common Stock on 07/01/2026, with aggregate sale proceeds reported as 1667692.32 during the past three months.