Clarivate (NYSE: CLVT) director reports 62,264-share award and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clarivate plc director Saurabh Saha reported routine equity compensation and related tax withholding. On an award date, he acquired 62,264 ordinary shares at no cost as an annual non-employee director grant of restricted share units under the Clarivate Plc Amended and Restated 2019 Incentive Award Plan, bringing his direct holdings to 170,601 shares. A separate transaction shows 8,178 shares were withheld at $2.44 per share to cover tax obligations, a non-market disposition that reduced his direct holdings to 108,337 shares at that time.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SAHA SAURABH
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 62,264 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 8,178 | $2.44 | $20K |
Holdings After Transaction:
Ordinary Shares — 170,601 shares (Direct, null)
Footnotes (1)
- Represents shares withheld for taxes. Annual non-employee director award of restricted share units granted pursuant to the Clarivate Plc Amended and Restated 2019 Incentive Award Plan.
Key Figures
Equity award: 62,264 shares
Tax withholding shares: 8,178 shares
Tax withholding price: $2.44 per share
+2 more
5 metrics
Equity award
62,264 shares
Annual non-employee director award of restricted share units
Tax withholding shares
8,178 shares
Shares withheld for taxes on equity compensation
Tax withholding price
$2.44 per share
Value used for tax-withholding disposition
Holdings after award
170,601 shares
Direct Clarivate ordinary share holdings after grant
Holdings after tax withholding
108,337 shares
Direct holdings after earlier tax-withholding disposition
Key Terms
restricted share units, non-employee director award, tax-withholding disposition, Amended and Restated 2019 Incentive Award Plan
4 terms
non-employee director award financial
"Annual non-employee director award of restricted share units granted pursuant to the Clarivate Plc Amended and Restated 2019 Incentive Award Plan."
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
Amended and Restated 2019 Incentive Award Plan financial
"granted pursuant to the Clarivate Plc Amended and Restated 2019 Incentive Award Plan."
FAQ
What insider transactions did Clarivate (CLVT) director Saurabh Saha report?
Director Saurabh Saha reported receiving 62,264 ordinary shares as an annual non-employee director equity award and a separate withholding of 8,178 shares to cover tax obligations, both involving Clarivate ordinary shares held directly.
What are Saurabh Saha’s Clarivate (CLVT) holdings after the reported transactions?
After the equity award grant, Saurabh Saha directly held 170,601 Clarivate ordinary shares. Following the earlier tax-withholding transaction, his direct holdings were 108,337 shares at that time, reflecting routine adjustments related to compensation and taxes.
Is Saurabh Saha’s Clarivate (CLVT) Form 4 transaction a market purchase or sale?
The Form 4 shows a grant of 62,264 shares at no cost as compensation and a withholding of 8,178 shares for taxes at $2.44 each. These are compensation and tax events, not discretionary open-market purchases or sales.