STOCK TITAN

13,310-share award for Clarivate (CLVT) director, 2,662 withheld for tax

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Clarivate director Kenneth L. Cornick reported compensation-related share activity and updated holdings. He received a quarterly award of 13,310 Ordinary Shares, elected in lieu of a $28,750 cash retainer for his Board service, calculated at a share price of $2.16. On the same date, 2,662 shares were withheld to cover tax obligations, a non-market disposition. After these entries, he holds 115,348 Ordinary Shares directly. Separately, 1,100,000 Ordinary Shares are held indirectly through Cornick Family Investor, LLC, which is controlled by Mr. Cornick and his spouse.

Positive

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Insights

Board compensation in stock and tax withholding drive routine position update.

Kenneth L. Cornick, a director of Clarivate, elected to take his quarterly Board retainer as equity, receiving 13,310 Ordinary Shares valued using a $2.16 share price. This is standard non-cash director compensation under the company’s 2019 Incentive Award Plan.

To cover related tax obligations, 2,662 shares were withheld, a coded F disposition that does not represent an open-market sale. Following these entries, he holds 115,348 shares directly and 1,100,000 shares indirectly through Cornick Family Investor, LLC, which he and his spouse control.

Because the filing shows compensation and tax mechanics rather than discretionary buying or selling, it is best viewed as an administrative update to Cornick’s ownership rather than a directional signal on Clarivate’s prospects.

Insider Cornick Kenneth L.
Role null
Type Security Shares Price Value
Grant/Award Ordinary Shares 13,310 $2.16 $29K
Tax Withholding Ordinary Shares 2,662 $2.16 $6K
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 115,348 shares (Direct, null); Ordinary Shares — 1,100,000 shares (Indirect, Cornick Family Investor, LLC)
Footnotes (1)
  1. Quarterly award of shares elected in lieu of cash retainer of $28,750 for services as a member of the Board of Directors and granted pursuant to the Clarivate Plc Amended and Restated 2019 Incentive Award Plan. The number of shares was calculated by dividing the cash retainer by $2.16, the closing price of the issuer's ordinary shares on June 30, 2026. Represents shares withheld for taxes. Cornick Family Investor, LLC is controlled by Mr. Cornick and his spouse, its managers, who have dispositive control and voting control over the shares held by Cornick Family Investor, LLC.
Share award 13,310 shares Quarterly Board retainer taken in stock at $2.16 per share
Cash retainer value $28,750 Board of Directors quarterly retainer elected in shares
Tax withholding shares 2,662 shares Shares withheld to satisfy tax obligations on award
Reference share price $2.16 Closing price of Ordinary Shares on June 30, 2026
Direct holdings after transactions 115,348 shares Ordinary Shares held directly by Cornick after award and withholding
Indirect holdings via LLC 1,100,000 shares Ordinary Shares held by Cornick Family Investor, LLC
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
grant/award acquisition financial
"Grant, award, or other acquisition"
Clarivate Plc Amended and Restated 2019 Incentive Award Plan financial
"granted pursuant to the Clarivate Plc Amended and Restated 2019 Incentive Award Plan"
Ordinary Shares financial
"The number of shares was calculated by dividing the cash retainer by $2.16, the closing price of the issuer's ordinary shares"
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
Cornick Family Investor, LLC financial
"shares held by Cornick Family Investor, LLC"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cornick Kenneth L.

(Last)(First)(Middle)
C/O CLARIVATE PLC
70 ST. MARY AXE

(Street)
LONDONEC3A 8BE

(City)(State)(Zip)

UNITED KINGDOM

(Country)
2. Issuer Name and Ticker or Trading Symbol
CLARIVATE PLC [ CLVT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares06/30/2026A13,310A$2.16115,348(1)D
Ordinary Shares06/30/2026F2,662D$2.16112,686(2)D
Ordinary Shares1,100,000ICornick Family Investor, LLC(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Quarterly award of shares elected in lieu of cash retainer of $28,750 for services as a member of the Board of Directors and granted pursuant to the Clarivate Plc Amended and Restated 2019 Incentive Award Plan. The number of shares was calculated by dividing the cash retainer by $2.16, the closing price of the issuer's ordinary shares on June 30, 2026.
2. Represents shares withheld for taxes.
3. Cornick Family Investor, LLC is controlled by Mr. Cornick and his spouse, its managers, who have dispositive control and voting control over the shares held by Cornick Family Investor, LLC.
Remarks:
/s/ John Doulamis, Attorney-in-Fact07/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Clarivate (CLVT) director Kenneth L. Cornick report in this Form 4?

Kenneth L. Cornick reported a quarterly equity award and related tax withholding, plus updated ownership totals. He received 13,310 Ordinary Shares in lieu of cash fees and had 2,662 shares withheld for taxes, updating both his direct and indirect Clarivate holdings.

How many Clarivate (CLVT) shares did Kenneth L. Cornick receive as a Board retainer?

He received 13,310 Ordinary Shares as a quarterly award in lieu of a $28,750 cash retainer. The number of shares was calculated by dividing the retainer amount by $2.16, the closing price of Clarivate’s ordinary shares on June 30, 2026.

Were any of Kenneth L. Cornick’s Clarivate (CLVT) shares sold in the market?

No open-market sale is reported. The Form 4 shows 2,662 shares coded as an F transaction, representing shares withheld to satisfy tax obligations on the equity award, rather than a discretionary sale into the market.

What are Kenneth L. Cornick’s Clarivate (CLVT) direct share holdings after these transactions?

After the award and tax withholding entries, Kenneth L. Cornick directly holds 115,348 Clarivate Ordinary Shares. This direct position reflects his updated ownership following the grant of 13,310 shares and the withholding of 2,662 shares for tax liabilities.

How many Clarivate (CLVT) shares are held indirectly through Cornick Family Investor, LLC?

The filing lists 1,100,000 Clarivate Ordinary Shares held indirectly through Cornick Family Investor, LLC. Mr. Cornick and his spouse control this LLC as managers and have dispositive and voting control over the shares held by the entity.

Is Kenneth L. Cornick’s Clarivate (CLVT) equity award part of a company incentive plan?

Yes. The award is granted under the Clarivate Plc Amended and Restated 2019 Incentive Award Plan. It represents a quarterly director retainer taken in shares instead of cash, tying a portion of his Board compensation directly to Clarivate’s equity.