STOCK TITAN

CLOV (Nasdaq: CLOV) plans Rule 144 sale of 60765 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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
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.
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FAQ

How many CLOV Class A shares are covered by this Form 144 filing?

The notice covers 60765 shares of Class A Common Stock. These shares are tied to Restricted Stock Units granted as compensation by the issuer, with both acquisition and payment dated 07/15/2026.

When is the planned sale date for the 60765 CLOV shares?

The intended sale date listed is 07/15/2026. The Class A Common Stock is expected to be sold on the Nasdaq market, with Morgan Stanley Smith Barney LLC identified as the broker handling the transaction.

What is the origin of the CLOV shares being sold under Form 144?

The shares come from Restricted Stock Units acquired from the issuer as compensation. The filing shows the acquisition and payment date as 07/15/2026, reflecting equity-based awards converting into Class A Common Stock.

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.

Does this Form 144 mention where CLOV shares may be traded?

Yes. The Class A Common Stock referenced in the notice is associated with trading on the Nasdaq market, identifying the exchange where the covered shares may be sold.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature