Clarivate (NYSE: CLVT) SVP gets share award and withholds stock for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clarivate PLC Senior VP, Finance/CAO Michael M. Easton reported equity compensation activity and related tax withholding in company ordinary shares. On February 18, 2026, he acquired 4,266 ordinary shares through a grant or award, tied to performance share units granted in 2023 that remain subject to time-based vesting terms.
On March 1, 2026, he disposed of 27,136 shares and 704 shares at $2.30 per share through tax-withholding dispositions when performance share units and restricted share units vested. Following these transactions, he directly held 474,190 ordinary shares. The filing notes it was submitted late due to inadvertent administrative oversight.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Easton Michael M
Role
Senior VP, Finance/CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 704 | $2.30 | $2K |
| Tax Withholding | Ordinary Shares | 27,136 | $2.30 | $62K |
| Grant/Award | Ordinary Shares | 4,266 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 501,326 shares (Direct)
Footnotes (1)
- This award represents the settlement of performance share unit awards granted in 2023 upon the achievement and certification of the performance condition. Such performance share units remain subject to time-based vesting terms. This Form 4 is being filed late due to inadvertent administrative oversight. Represents shares withheld for taxes due upon the vesting of performance share units subject to time-based vesting terms. Represents shares withheld for taxes due upon the vesting of restricted share units.
FAQ
What insider transactions did CLVT executive Michael Easton report on this Form 4?
Michael M. Easton reported one equity grant and two tax-withholding dispositions in Clarivate ordinary shares. He received 4,266 shares from an award and had 27,136 and 704 shares withheld to cover taxes upon vesting of performance and restricted share units.
What equity award did CLVT’s Senior VP, Finance/CAO receive according to this filing?
Michael M. Easton received an award of 4,266 Clarivate ordinary shares on February 18, 2026. The footnotes state this reflects settlement of performance share units granted in 2023, which remain subject to time-based vesting conditions even after certification of the performance requirement.
Why does the Clarivate (CLVT) Form 4 for Michael Easton mention a late filing?
The Form 4 explicitly states it was filed late due to inadvertent administrative oversight. This comment appears in the footnotes describing the settlement of 2023 performance share unit awards and provides context for the timing of the insider transaction report.