Clover Health (CLOV) Form 4: 57,249 shares withheld for taxes
Clover Health Investments (CLOV) reported an insider equity transaction.
Rhea-AI Filing Summary
Clover Health Investments (CLOV) reported an insider equity transaction. The company’s General Counsel & Secretary filed a Form 4 showing a transaction on 10/15/2025 coded “F,” reflecting 57,249 Class A shares automatically withheld at $2.8 per share to satisfy taxes from RSU vesting. Following the transaction, the reporting person beneficially owns 1,405,835 shares directly.
The withholding stemmed from the vesting of 25% of RSUs granted on 10/15/2024. The remaining RSUs vest quarterly in equal 6.25% installments, with a final vesting date on 10/15/2028, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 57,249 | $2.80 | $160K |
Footnotes (1)
- F1. Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations on October 15, 2025, due to the vesting of 25% of the original number of restricted stock units (RSUs) granted to the Reporting Person on October 15, 2024, and timely reported on a Form 4 filed on October 17, 2024. The remaining RSUs vest quarterly in equal installments of 6.25%, with the final vesting date occurring on October 15, 2028, subject to the continued service of the Reporting Person on each such vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CLOV disclose in this Form 4?
Who is the reporting person in CLOV’s filing?
What is the RSU vesting schedule for the remaining CLOV units?
What does transaction code “F” indicate here?
AI-generated analysis. How Rhea-AI works. Not financial advice.