Clarivate director Cornick receives 17,215 shares
The award was elected in lieu of a cash board retainer, and 3,444 ordinary shares were withheld for taxes.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Clarivate plc director Kenneth L. Cornick was granted 17,215 ordinary shares on September 30, 2026, as a quarterly award elected in lieu of a $28,750 cash retainer. The share count was calculated using $1.67, the closing price that day. On the same date, 3,444 shares were withheld for taxes. Cornick also reported indirect ownership of 2,000,000 ordinary shares held by Cornick Family Investor, LLC; Cornick and his spouse, as the LLC’s managers, have voting and dispositive control over those shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1 | 17,215 | $1.67 | $29K |
| Tax Withholding | Ordinary Shares F2 | 3,444 | $1.67 | $6K |
| holding | Ordinary Shares F3 | -- | -- | -- |
Footnotes (3)
- F1. 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 $1.67, the closing price of the issuer's ordinary shares on September 30, 2026.
- F2. Represents shares withheld for taxes.
- F3. 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
Key Terms
cash retainer financial
Amended and Restated 2019 Incentive Award Plan technical
dispositive control technical
voting control technical
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.