Clover Health officer proposes $83.6K share sale

The proposed sale is described as a non-discretionary sell-to-cover transaction tied to restricted stock unit vesting and settlement.

Rhea-AI Filing Summary

Clover Health Investments, Corp. (CLOV) reports that Officer Jamie Reynoso proposes to sell 17,858 shares of Class A common stock on October 15, 2026. The shares are restricted stock units from the issuer received as compensation. Reynoso says the proposed sale is a sell-to-cover transaction to fund tax withholding tied to vesting and settlement, and is not a discretionary transaction.

Key Figures

Proposed shares to be sold: 17,858 shares Aggregate market value: $83,575.44 Shares outstanding: 435,441,337 shares +4 more

7 metrics

Proposed shares to be sold 17,858 shares Class A common stock; October 15, 2026

Aggregate market value $83,575.44 Proposed securities to be sold

Shares outstanding 435,441,337 shares Class A common stock

Prior plan sale 13,119 shares July 15, 2026

Prior plan sale 4,839 shares July 17, 2026

Prior plan sale 9,273 shares September 15, 2026

Prior plan sale 8,750 shares October 5, 2026

Key Terms

Restricted Stock Units, 10b5-1 Plan, sell to cover, tax withholding obligations, +1 more

5 terms

Restricted Stock Units financial

"Restricted Stock Units | Issuer"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

10b5-1 Plan regulatory

"10b5-1 Plan Sales for Jamie Reynoso"

A 10b5-1 plan is a pre-arranged strategy that allows company insiders to buy or sell their shares at predetermined times and prices, even while they are aware of confidential information. It acts like a scheduled appointment for trading, helping ensure transactions happen transparently and legally, which can reassure investors that trades are not based on insider knowledge.

sell to cover financial

"funded by a "sell to cover" transaction"

Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.

tax withholding obligations financial

"to cover tax withholding obligations"

Rule 144 regulatory

"definition of "person" in paragraph (a) of Rule 144"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CLOV shares does Jamie Reynoso propose to sell?

Jamie Reynoso proposes to sell 17,858 shares of Class A common stock on October 15, 2026. The notice says the proposed sale would cover tax withholding associated with restricted stock unit vesting and settlement through a sell-to-cover transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/15/2026 - 06:48 PM EDT Accepted by SEC EDGAR 10/15/2026 - 06:48 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001839066
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Clover Health Investments, Corp.
SEC File Number	001-39252
Address of Issuer	1209 Orange Street Wilmington DELAWARE 19801
Phone	2014322133
Name of Person for Whose Account the Securities are To Be Sold	Jamie Reynoso
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock	Morgan Stanley Smith Barney LLC 1 New York Plaza 8th Floor New York NY 10004	17858	83575.44	435441337	10/15/2026	Nasdaq

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	10/15/2026	Restricted Stock Units	Issuer			17858	10/15/2026	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Plan Sales for Jamie Reynoso 1209 Orange Street Wilmington DE 19801	Class A Common Stock	07/15/2026	13119	61265.73
10b5-1 Plan Sales for Jamie Reynoso 1209 Orange Street Wilmington DE 19801	Class A Common Stock	07/17/2026	4839	21908.57
10b5-1 Plan Sales for Jamie Reynoso 1209 Orange Street Wilmington DE 19801	Class A Common Stock	09/15/2026	9273	44324.94
10b5-1 Plan Sales for Jamie Reynoso 1209 Orange Street Wilmington DE 19801	Class A Common Stock	10/05/2026	8750	38675

144: Remarks and Signature

Remarks	The proposed sales reported represent shares to be sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The purpose of the proposed sales is to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the reporting person.
Date of Notice	10/15/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	03/02/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/Karen Soares as attorney in fact for Jamie Reynoso
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)