Issuer (NASDAQ: CLOV) plans 10,192-share Class A sale under 10b5-1 plan
Rhea-AI Filing Summary
An affiliate of ticker CLOV plans to sell 10,192 shares of Class A Common Stock through Morgan Stanley Smith Barney LLC on Nasdaq around July 15, 2026, with an aggregate market value of 47,698.56.
Total Class A shares outstanding are 430,969,398; this is a baseline figure, not the amount being sold. Over the past three months, 4,681 shares were sold for 21,579.41 under a 10b5-1 plan.
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Key Figures
Shares to be sold: 10,192 shares
Aggregate market value of planned sale: 47,698.56
Shares outstanding: 430,969,398 shares
+3 more
6 metrics
Shares to be sold
10,192 shares
Planned sale of Class A Common Stock around 07/15/2026
Aggregate market value of planned sale
47,698.56
Value of 10,192 Class A shares to be sold
Shares outstanding
430,969,398 shares
Class A Common Stock outstanding for CLOV
Prior 3-month shares sold
4,681 shares
10b5-1 plan sale on 06/15/2026
Value of prior 3-month sale
21,579.41
Aggregate amount for 4,681-share 10b5-1 sale
Planned sale date
07/15/2026
Approximate date for selling 10,192 shares
Key Terms
Form 144, 10b5-1 Plan, Restricted Stock Units, Class A Common Stock
4 terms
Form 144 regulatory
"144: Securities Information Class A Common Stock | Morgan Stanley"
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.
10b5-1 Plan regulatory
"10b5-1 Plan Sales for Karen Soares 1209 Orange Street"
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.
Restricted Stock Units financial
"07/15/2026 | Restricted Stock Units | Issuer | | | 10192"
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.
Class A Common Stock financial
"Class A Common Stock | Morgan Stanley Smith Barney LLC"
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 does the CLOV Form 144 notice describe?
It describes a planned sale of 10,192 shares of Class A Common Stock by an affiliate of CLOV through Morgan Stanley Smith Barney LLC on Nasdaq, expected around July 15, 2026, with an aggregate market value of 47,698.56.
What type of CLOV security is involved and how was it acquired?
The security is CLOV Class A Common Stock, linked to Restricted Stock Units from the issuer categorized as Compensation. This indicates the planned sale relates to equity previously granted by the issuer.