Clover Health (CLOV) CEO sells 2,102 shares under 10b5-1 plan
Rhea-AI Filing Summary
Clover Health Investments, Corp. executive Jamie L. Reynoso, CEO for Medicare Advantage, reported a small insider sale of Class A common stock. On January 7, 2026, Reynoso sold 2,102 shares at a weighted average price of $2.53 per share in an open-market transaction. The sale was made under a pre-arranged Rule 10b5-1 trading plan adopted on March 13, 2025, which automates trades according to preset instructions. After this transaction, Reynoso directly beneficially owned 2,757,029 shares of Clover Health Class A common stock.
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FAQ
What insider transaction did CLOV disclose in this Form 4?
The filing reports that Jamie L. Reynoso, CEO for Medicare Advantage at Clover Health Investments, Corp. (CLOV), sold 2,102 shares of Class A common stock on January 7, 2026.
At what price did the CLOV insider shares sell?
The 2,102 Class A shares were sold at a weighted average price of $2.53 per share, with individual trade prices ranging from $2.50 to $2.61, inclusive.
How many CLOV shares does Jamie L. Reynoso own after the sale?
Following the reported transaction, Jamie L. Reynoso directly beneficially owned 2,757,029 shares of Clover Health Class A common stock.
Was the CLOV insider sale made under a Rule 10b5-1 plan?
Yes. The sale was effected pursuant to a Rule 10b5-1 trading plan that Jamie L. Reynoso adopted on March 13, 2025, which pre-schedules trades under specified conditions.
What role does Jamie L. Reynoso hold at Clover Health (CLOV)?
In this filing, Jamie L. Reynoso is identified as an officer of Clover Health Investments, Corp. with the title CEO, Medicare Advantage.
Is the CLOV Form 4 transaction direct or indirect ownership?
The Form 4 lists the 2,102-share sale and the remaining 2,757,029 shares as held under direct (D) ownership by the reporting person.