Clover Health CEO sells 2,102 shares under plan
Clover Health Investments, Corp. executive Jamie L. Reynoso, CEO for Medicare Advantage, reported a small insider sale of Class A common stock.
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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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,102 | $2.53 | $5K |
Footnotes (1)
- F1. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.50 to $2.61, inclusive. The Reporting Person undertakes to provide to the SEC staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.