Clover Health (CLOV) Form 4: 71,432 shares withheld at $2.8
Clover Health Investments, Corp. (CLOV) reported an insider transaction on a Form 4.
Rhea-AI Filing Summary
Clover Health Investments, Corp. (CLOV) reported an insider transaction on a Form 4. Officer Jamie L. Reynoso (CEO, Medicare Advantage) had 71,432 shares of Class A Common Stock automatically withheld on 10/15/2025 to cover taxes from RSU vesting, at a transaction price of $2.8 per share (Code F).
Following this tax withholding, the insider beneficially owns 2,971,740 shares, held directly. The RSUs were granted on 10/15/2024; 25% vested on 10/15/2025. The remaining RSUs vest quarterly in equal 6.25% installments through 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 | 71,432 | $2.80 | $200K |
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
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What did CLOV disclose in this Form 4?
Who is the reporting person in CLOV's Form 4?
What is the vesting schedule for the CLOV RSUs?
Does the filing mention a trading plan under Rule 10b5-1?
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