Clover Health CFO withholds 217,382 shares for taxes at $3.64
Clover Health (CLOV) reported an insider equity transaction by its Chief Financial Officer.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 217,382 | $3.64 | $791K |
Footnotes (1)
- F1. Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations upon the vesting, on October 29, 2025, of 6.25% of the original number of time-based restricted stock units ("RSUs") granted to the Reporting Person on April 29, 2024. The remaining RSUs vest in equal quarterly installments, with a final vesting date on April 29, 2028, in each case subject to the continued service of the Reporting Person on such vesting date.
FAQ
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What insider transaction did CLOV disclose on this Form 4?
What portion of the RSU grant vested for the CLOV CFO?
When were the RSUs originally granted to the CLOV CFO?
What is the remaining vesting schedule for the CLOV CFO’s RSUs?
What role does the reporting person hold at CLOV?
AI-generated analysis. How Rhea-AI works. Not financial advice.