Sale of 12,712 shares planned in CLOV (Nasdaq: CLOV) notice
Rhea-AI Filing Summary
An affiliate of CLOV plans to sell 12,712 shares of its Class A common stock, with an aggregate market value of $59,492.16, through Morgan Stanley Smith Barney LLC around July 15, 2026 on Nasdaq. These shares were acquired from the issuer as restricted stock units granted as compensation. Recent 10b5-1 sales by Jamie Reynoso over June–July 2026 include multiple Class A common stock transactions, such as 7,289 shares on June 11, 2026 and 6,350 shares on June 15, 2026.
Positive
- None.
Negative
- None.
Key Figures
Shares planned for sale: 12,712 shares
Aggregate market value of planned sale: $59,492.16
Shares outstanding: 430,969,398 shares
+4 more
7 metrics
Shares planned for sale
12,712 shares
Planned sale of Class A common stock around July 15, 2026
Aggregate market value of planned sale
$59,492.16
Aggregate market value of 12,712 Class A shares to be sold
Shares outstanding
430,969,398 shares
Class A common stock outstanding per notice
10b5-1 sale on June 11, 2026
7,289 shares
Class A common stock sold under 10b5-1 on 06/11/2026
Proceeds from June 11, 2026 sale
$35,752.71
Aggregate amount for 7,289-share 10b5-1 sale on 06/11/2026
10b5-1 sale on June 15, 2026
6,350 shares
Class A common stock sold under 10b5-1 on 06/15/2026
Proceeds from June 15, 2026 sale
$29,273.5
Aggregate amount for 6,350-share 10b5-1 sale on 06/15/2026
Key Terms
Form 144, Restricted Stock Units, 10b5-1 Sales, Class A Common Stock
4 terms
Form 144 regulatory
"Filer Information | | | 144: Filer Information"
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 Units financial
"Class A Common Stock | 07/15/2026 | 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 Sales regulatory
"10b5-1 Sales for Jamie Reynoso 1209 Orange Street Wilmington DE 19801"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Class A Common Stock financial
"Class A Common Stock | Morgan Stanley Smith Barney LLC 1 New York Plaza"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is the approximate date of the planned CLOV stock sale?
The planned sale of CLOV Class A common stock is targeted for around July 15, 2026. The notice lists Morgan Stanley Smith Barney LLC as broker for the transaction and identifies Nasdaq as the stock exchange where the shares are expected to be sold.
What recent 10b5-1 sales of CLOV stock by Jamie Reynoso are disclosed?
The notice lists several 10b5-1 sales by Jamie Reynoso, including 7,289 shares on June 11, 2026 for $35,752.71 and 6,350 shares on June 15, 2026 for $29,273.5, along with additional sales on June 17, July 6, and July 8, 2026.