[Form 4] CLOVER HEALTH INVESTMENTS, CORP. /DE Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clover Health Investments executive Brady Patrick Priest, CEO of Clover Care Services, reported an open-market sale of 98,039 shares of Class A common stock at $3.52 per share. After this transaction, he directly holds 2,040,222 shares, indicating he retains a substantial equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 98,039 shares ($345,097)
Net Sell
1 txn
Insider
Priest Brady Patrick
Role
CEO of Clover Care Services
Sold
98,039 shs ($345K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 98,039 | $3.52 | $345K |
Holdings After Transaction:
Class A Common Stock — 2,040,222 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 98,039 shares
Sale price: $3.52 per share
Shares held after transaction: 2,040,222 shares
3 metrics
Shares sold
98,039 shares
Open-market sale of Class A Common Stock
Sale price
$3.52 per share
Reported transaction price
Shares held after transaction
2,040,222 shares
Direct ownership following sale
Key Terms
open-market sale, Class A Common Stock, Form 4
3 terms
open-market sale financial
"transaction_action is described as an open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
"security_title is listed as Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describes the transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.