Clarivate (NYSE: CLVT) president disposes 37,342 shares for taxes
Rhea-AI Filing Summary
Clarivate PLC President, LS&H Henry Levy reported a tax-related share disposition. On the vesting of restricted share units, 37,342 ordinary shares were withheld at a price of $2.30 per share to cover taxes, according to the Form 4. After this tax-withholding disposition, Levy directly holds 661,310 ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 37,342 shares
Net Sell
1 txn
Insider
Levy Henry
Role
President, LS&H
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 37,342 | $2.30 | $86K |
Holdings After Transaction:
Ordinary Shares — 661,310 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld for taxes due upon the vesting of restricted share units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Clarivate (CLVT) executive Henry Levy report in this Form 4?
Henry Levy, President, LS&H at Clarivate, reported a tax-withholding disposition of 37,342 ordinary shares. These shares were withheld to cover taxes due on vesting restricted share units, not an open-market sale.
Was Henry Levy’s Clarivate (CLVT) Form 4 transaction an open-market sale?
No, the Form 4 reports a tax-withholding disposition, not an open-market sale. The 37,342 shares were withheld to pay taxes due on the vesting of restricted share units, as stated in the filing footnote.