Clarivate (CLVT) director entity buys 900,000 shares at prices from $1.82 to $1.87
Rhea-AI Filing Summary
Kenneth L. Cornick, a director of Clarivate PLC, reported substantial insider purchases. An entity he and his spouse manage, Cornick Family Investor, LLC, purchased a total of 900,000 Ordinary Shares in early August 2026 at prices around $1.85–$1.86 per share. He also reports direct ownership of 112,686 Ordinary Shares.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 900,000 shares
Net Buy
3 txns
Insider
Cornick Kenneth L.
Role
Director
Bought
900,000 shs ($1.67M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares F2 | 250,000 | $1.85 | $463K |
| Purchase | Ordinary Shares F1, F2 | 650,000 | $1.86 | $1.21M |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 2,000,000 shares (Indirect, Cornick Family Investor, LLC);
Ordinary Shares — 112,686 shares (Direct)
Footnotes (2)
- F1. The price reported is a weighted average price. The prices ranged from $1.82 to $1.87, inclusive. The Reporting Person will provide to the Issuer, any security holder of the Issuer or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range.
- F2. 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.
Key Figures
Shares purchased 2026-08-06: 650000.0000 shares at $1.8600
Shares purchased 2026-08-07: 250000.0000 shares at $1.8500
Total shares purchased: 900000 shares
+2 more
5 metrics
Shares purchased 2026-08-06
650000.0000 shares at $1.8600
Indirect purchase of Ordinary Shares by Cornick Family Investor, LLC
Shares purchased 2026-08-07
250000.0000 shares at $1.8500
Indirect purchase of Ordinary Shares by Cornick Family Investor, LLC
Total shares purchased
900000 shares
Aggregate Ordinary Shares bought across reported transactions
Weighted price range
$1.82 to $1.87
Price range for 2026-08-06 purchases, per weighted-average footnote
Direct holdings
112686.0000 shares
Ordinary Shares held directly by Kenneth L. Cornick as of 2026-08-06
Key Terms
weighted average price, dispositive control, voting control, indirect ownership
4 terms
weighted average price financial
"The price reported is a weighted average price. The prices ranged from $1.82 to $1.87"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
dispositive control financial
"Mr. Cornick and his spouse ... have dispositive control and voting control over the shares"
voting control financial
"have dispositive control and voting control over the shares held by Cornick Family Investor, LLC"
indirect ownership financial
"Indirect ownership reported through Cornick Family Investor, LLC as nature of ownership"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Clarivate (CLVT) director Kenneth L. Cornick report?
Kenneth L. Cornick reported purchases of 900,000 Ordinary Shares of Clarivate PLC in early August 2026 through Cornick Family Investor, LLC, plus a direct holding of 112,686 Ordinary Shares reported as of August 6, 2026.
Who controls Cornick Family Investor, LLC in the Clarivate (CLVT) Form 4?
Cornick Family Investor, LLC is controlled by Kenneth L. Cornick and his spouse, who serve as its managers and have both dispositive control and voting control over the Clarivate PLC shares held by the LLC.
Is the Clarivate (CLVT) insider buying on this Form 4 under a Rule 10b5-1 plan?
The filing does not state that the reported 900,000-share purchase was made under a Rule 10b5-1 trading plan, and no footnote describes any such pre-arranged plan for these transactions.