Clover Health CFO reports tax share withholding
Clover Health Investments Chief Financial Officer Peter J. Kuipers reported a routine tax-related share withholding.
Rhea-AI Filing Summary
Clover Health Investments Chief Financial Officer Peter J. Kuipers reported a routine tax-related share withholding. On January 29, 2026, 156,856 shares of Class A Common Stock were automatically withheld at $2.31 per share to cover tax obligations from vesting restricted stock units.
This withholding relates to 6.25% of the original time-based RSU grant awarded on April 29, 2024. After the transaction, Kuipers beneficially owned 5,758,353 Class A shares. The remaining RSUs are scheduled to vest in equal quarterly installments through April 29, 2028, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 156,856 | $2.31 | $362K |
Footnotes (1)
- F1. Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations upon the vesting, on January 29, 2026, 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Clover Health (CLOV) report for its CFO?
Was the Clover Health (CLOV) CFO’s Form 4 transaction an open-market sale?
What equity award is linked to the Clover Health (CLOV) CFO’s January 2026 Form 4?
What is the vesting schedule for the Clover Health (CLOV) CFO’s RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.