Clover Health (CLOV) Form 4: 82,778 shares withheld at $2.8
Clover Health Investments, Corp. (CLOV) reported an insider transaction on a Form 4.
Rhea-AI Filing Summary
Clover Health Investments, Corp. (CLOV) reported an insider transaction on a Form 4. An officer (CEO of Home Care) had 82,778 shares of Class A Common Stock automatically withheld at $2.8 on 10/15/2025 to cover taxes from restricted stock unit (RSU) vesting (Transaction Code F).
Following the withholding, the reporting person directly beneficially owns 2,388,579 shares. The RSUs were granted on 10/15/2024; 25% vested on 10/15/2025, with the remainder vesting quarterly in 6.25% increments through 10/15/2028, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 82,778 | $2.80 | $232K |
Footnotes (1)
- F1. Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations on October 15, 2025, due to the vesting of 25% of the original number of restricted stock units (RSUs) granted to the Reporting Person on October 15, 2024, and timely reported on a Form 4 filed on October 17, 2024. The remaining RSUs vest quarterly in equal installments of 6.25%, with the final vesting date occurring on October 15, 2028, subject to the continued service of the Reporting Person on each such vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did CLOV disclose in this Form 4?
What is the RSU vesting schedule mentioned for CLOV?
What security and price were involved in the CLOV Form 4?
Who is the reporting person’s role at CLOV?
AI-generated analysis. How Rhea-AI works. Not financial advice.