Clover Health Investments (CLOV) insider sells 4,839 shares under 10b5-1
Rhea-AI Filing Summary
Clover Health Investments, Corp. executive Jamie L. Reynoso, CEO, Medicare Advantage, sold 4,839 shares of Class A Common Stock on July 17, 2026, at a $4.53 weighted average price, in multiple trades between $4.35 and $4.63 per share, under a Rule 10b5-1 trading plan adopted March 12, 2026. Following this sale, Reynoso directly holds 2,814,640 shares of Class A Common Stock.
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Insider Trade Summary 10b5-1
Net Seller: 4,839 shares ($21,921)
Net Sell
1 txn
Insider
Reynoso Jamie L.
Role
CEO, Medicare Advantage
Sold
4,839 shs ($22K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,839 | $4.53 | $22K |
Holdings After Transaction:
Class A Common Stock — 2,814,640 shares (Direct)
Footnotes (1)
- The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 12, 2026. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.35 to $4.63, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4.
Key Figures
Shares sold: 4,839 shares
Weighted average sale price: $4.53 per share
Sale price range: $4.35–$4.63 per share
+2 more
5 metrics
Shares sold
4,839 shares
Class A Common Stock sold on July 17, 2026
Weighted average sale price
$4.53 per share
Reported price for the Class A Common Stock sale
Sale price range
$4.35–$4.63 per share
Price range of multiple transactions within the reported sale
Shares held after sale
2,814,640 shares
Directly owned Class A Common Stock following the transaction
Rule 10b5-1 plan adoption date
March 12, 2026
Adoption date of trading plan used for this sale
Key Terms
Rule 10b5-1 trading plan, weighted average price, Class A Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"security_title": "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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Clover Health (CLOV) insider Jamie L. Reynoso report selling?
Jamie L. Reynoso reported selling 4,839 shares of Clover Health Class A Common Stock. The sale occurred on July 17, 2026, and was executed under a Rule 10b5-1 trading plan previously adopted by the reporting person.
Was the CLOV insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan. The plan was adopted by Jamie L. Reynoso on March 12, 2026, indicating the trades were pre-arranged rather than discretionary on the trade date.
Does this CLOV Form 4 report any options or derivative transactions?
No. The Form 4 reports a single sale of Class A Common Stock and shows no derivative transactions. The derivative summary is empty, and the transaction is classified as a non-derivative open-market or private sale of common shares.