CLOV insider RSU vest: 25% vests; 82,778 withheld for taxes
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
Net Seller: 82,778 shares
Net Sell
1 txn
Insider
Priest Brady Patrick
Role
CEO of Home Care
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 82,778 | $2.80 | $232K |
Holdings After Transaction:
Class A Common Stock — 2,388,579 shares (Direct)
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.
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FAQ
What did CLOV disclose in this Form 4?
An officer reported a Code F transaction: 82,778 shares were withheld at $2.8 on 10/15/2025 to cover taxes from RSU vesting.
What is the RSU vesting schedule mentioned for CLOV?
Granted on 10/15/2024, 25% vested on 10/15/2025. The remainder vests quarterly at 6.25% through 10/15/2028, subject to continued service.
What security and price were involved in the CLOV Form 4?
The security was Class A Common Stock, and the withholding price was $2.8 per share.
Who is the reporting person’s role at CLOV?
The reporting person is an Officer, specifically the CEO of Home Care.