Clarivate (CLVT) director gets 62,264-share award as 19,690 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clarivate Plc director Suzanne Heywood reported routine equity compensation and related tax withholding. On May 14, she received an annual non-employee director award of 62,264 Ordinary Shares in the form of restricted share units under the Clarivate Plc Amended and Restated 2019 Incentive Award Plan, at a stated price of $0.00 per share. On May 13, 19,690 Ordinary Shares were withheld at $2.44 per share to cover tax obligations. Following these transactions, she directly holds 93,979 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Heywood Suzanne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 62,264 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 19,690 | $2.44 | $48K |
Holdings After Transaction:
Ordinary Shares — 93,979 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
Director equity award: 62,264 Ordinary Shares
Tax withholding shares: 19,690 Ordinary Shares
Tax withholding price: $2.44 per share
+2 more
5 metrics
Director equity award
62,264 Ordinary Shares
Annual non-employee director award of restricted share units on May 14
Tax withholding shares
19,690 Ordinary Shares
Shares withheld for taxes on May 13 at $2.44 per share
Tax withholding price
$2.44 per share
Value used for shares withheld to cover tax obligations
Shares after award
93,979 Ordinary Shares
Total direct holdings reported following the May 14 grant
Shares after tax withholding
31,715 Ordinary Shares
Direct holdings reported following the May 13 tax-withholding transaction
Key Terms
restricted share units, non-employee director award, withheld for taxes, 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."
withheld for taxes financial
"Represents shares withheld for taxes."
Incentive Award Plan financial
"Clarivate Plc Amended and Restated 2019 Incentive Award Plan."
An incentive award plan is a formal program that rewards employees, executives, or directors with cash, stock, options, or other pay when the company meets set goals or performance targets. Like a sales commission or a loyalty program that pays out when you hit milestones, it’s designed to align staff behavior with company objectives; investors care because it affects a company’s costs, share count (dilution), leadership incentives, and long-term value creation.
FAQ
What insider transactions did Clarivate (CLVT) director Suzanne Heywood report?
Suzanne Heywood reported an equity grant and related tax withholding. She received 62,264 Ordinary Shares as an annual non-employee director award, and 19,690 shares were withheld at $2.44 per share to satisfy tax obligations.
What plan governed Suzanne Heywood’s Clarivate (CLVT) equity award?
The award was granted under the Clarivate Plc Amended and Restated 2019 Incentive Award Plan. It represents an annual non-employee director award of restricted share units, a standard form of stock-based compensation for Clarivate’s outside board members.