CLOV CFO RSU vesting triggers 217,382-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clover Health (CLOV) reported an insider equity transaction by its Chief Financial Officer. On October 29, 2025, 217,382 shares of Class A common stock were automatically withheld at $3.64 per share to cover taxes upon the vesting of a portion of previously granted RSUs.
The vesting represented 6.25% of the original time‑based RSU grant made on April 29, 2024. Following the transaction, the reporting person directly beneficially owns 5,915,209 shares. The remaining RSUs are scheduled to vest in equal quarterly installments through April 29, 2028, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kuipers Peter J.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 217,382 | $3.64 | $791K |
Holdings After Transaction:
Class A Common Stock — 5,915,209 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did CLOV disclose on this Form 4?
The CFO had 217,382 shares of Class A common stock automatically withheld at $3.64 per share to cover taxes upon RSU vesting on October 29, 2025.
What portion of the RSU grant vested for the CLOV CFO?
6.25% of the original time‑based RSU grant vested on October 29, 2025.
When were the RSUs originally granted to the CLOV CFO?
The RSUs were granted on April 29, 2024.
What is the remaining vesting schedule for the CLOV CFO’s RSUs?
The remaining RSUs vest in equal quarterly installments with a final vesting date on April 29, 2028, subject to continued service.
What role does the reporting person hold at CLOV?
The reporting person is Chief Financial Officer of Clover Health Investments, Corp.