Clarivate (NYSE: CLVT) grants 396,825 shares to IP president
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Webster Simon reported acquisition or exercise transactions in this Form 4 filing.
Clarivate plc President, IP Simon Webster received an equity grant of 396,825 Ordinary Shares as compensation. The shares were awarded at no cash cost per share. After this grant, he directly owns a total of 4,626,325 Ordinary Shares, indicating this is an incremental increase in his existing stake rather than a sale or reduction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Webster Simon
Role
President, IP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 396,825 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 4,626,325 shares (Direct, null)
Footnotes (1)
Key Figures
Share grant: 396,825 shares
Grant price: $0.00 per share
Post-transaction holdings: 4,626,325 shares
+1 more
4 metrics
Share grant
396,825 shares
Ordinary Shares granted to President, IP Simon Webster
Grant price
$0.00 per share
Recorded transaction price for the 396,825-share award
Post-transaction holdings
4,626,325 shares
Total Ordinary Shares directly owned after the grant
Transaction code
A
Classified as "Grant, award, or other acquisition"
Key Terms
Ordinary Shares, Grant, award, or other acquisition, transaction code
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
transaction code regulatory
"transaction_code: "A" with description of the acquisition type"
FAQ
What insider transaction did Clarivate (CLVT) report for Simon Webster?
Clarivate reported that President, IP Simon Webster received a grant of 396,825 Ordinary Shares. The award was recorded at a price of $0.00 per share, indicating a compensation-related share grant rather than an open-market purchase.
Was the Clarivate (CLVT) insider transaction a buy or a grant?
The transaction was a grant or award of shares, not an open-market buy. The Form 4 uses transaction code "A" with the description "Grant, award, or other acquisition" and shows a price of $0.00 per share, confirming its compensation nature.
What role does the insider in this Clarivate (CLVT) Form 4 hold?
The reporting person, Simon Webster, is identified as an officer of Clarivate with the title "President, IP." This means he is an executive responsible for the company’s intellectual property segment and is subject to insider reporting requirements.