Clover Health officer proposes roughly $284K share sale

The notice also lists three prior plan sales during the preceding three months, including 318,806 shares on October 1.

Rhea-AI Filing Summary

Andrew Toy, an officer of Clover Health Investments, Corp. (CLOV), gave notice of a proposed sale of 60,765 Class A common shares for October 15, 2026, with an approximate market value of $284,380.2. The proposed sale is intended to cover tax withholding obligations tied to restricted stock unit vesting and settlement; the remarks say it is not discretionary. Prior three-month sales listed were 62,711 shares on July 15, 87,798 on August 10, and 318,806 on October 1, each identified as a 10b5-1 plan sale.

Key Figures

Proposed shares: 60,765 shares Approximate market value: $284,380.2 July 15, 2026 sale: 62,711 shares +2 more

5 metrics

Proposed shares 60,765 shares Class A common stock proposed for sale on October 15, 2026

Approximate market value $284,380.2 Proposed sale of Class A common stock

July 15, 2026 sale 62,711 shares 10b5-1 plan sale of Class A common stock

August 10, 2026 sale 87,798 shares 10b5-1 plan sale of Class A common stock

October 1, 2026 sale 318,806 shares 10b5-1 plan sale of Class A common stock

Key Terms

restricted stock units, sell to cover, 10b5-1 Plan Sale

3 terms

restricted stock units financial

"vesting and settlement of restricted stock units"

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.

sell to cover financial

"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.

10b5-1 Plan Sale regulatory

"10b5-1 Plan Sale for Andrew Toy"

FAQ

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

How many CLOV shares is Andrew Toy proposing to sell?

Andrew Toy's proposed sale is 60,765 shares of Class A common stock, with an approximate market value of $284,380.2. The sale is described as covering tax withholding tied to restricted stock unit vesting and settlement.

What CLOV shares did Andrew Toy sell in the prior three months?

The listed 10b5-1 plan sales were 62,711 shares on July 15, 2026, 87,798 shares on August 10, 2026, and 318,806 shares on October 1, 2026.

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

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Available on EDGAR 10/15/2026 - 06:56 PM EDT Accepted by SEC EDGAR 10/15/2026 - 06:55 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	0001838733
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	Andrew Toy
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	60765	284380.2	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			60765	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 Sale for Andrew Toy 1209 Orange Street Wilmington DE 19801	Class A Common Stock	07/15/2026	62711	292860.37
10b5-1 Plan Sale for Andrew Toy 1209 Orange Street Wilmington DE 19801	Class A Common Stock	08/10/2026	87798	408260.7
10b5-1 Plan Sale for Andrew Toy 1209 Orange Street Wilmington DE 19801	Class A Common Stock	10/01/2026	318806	1335797.14

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
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 Andrew Toy
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)