CLVT Form 4: CEO Reports 90,662-Share Tax Withholding, Retains 1.33M Shares
Rhea-AI Filing Summary
Clarivate PLC (CLVT) insider Shem Tov Matitiahu S., listed as Chief Executive Officer and Director, reported a transaction dated 08/13/2025. The filing shows 90,662 ordinary shares were disposed at a reported price of $4.26. After the transaction the reporting person beneficially owned 1,331,811 shares directly and 320,603 shares indirectly through IBI Trust Management. The form states the 90,662 shares were withheld for taxes upon vesting of restricted share units, indicating the disposition related to tax withholding rather than an open-market sale.
Positive
- Regulatory compliance and transparency: the reporting person filed Form 4 to disclose the transaction and remaining holdings
- Disposition was for tax withholding on RSU vesting, which is a routine, non-discretionary reason for share disposition
Negative
- Shares disposed: 90,662 ordinary shares were surrendered/withheld, which reduces the reporting person's direct stake
- Sale price reported: disposition recorded at $4.26 per share, which may be lower than prior average purchase prices (historical prices not provided here)
Insights
TL;DR: Routine tax-withholding disposition by CEO; notable for transparency but not clearly a signal of change in control or strategy.
The Form 4 documents a post-vesting tax withholding of 90,662 ordinary shares at $4.26, reducing direct beneficial ownership to 1,331,811 shares while leaving an indirect holding of 320,603 shares via IBI Trust Management. This appears to be an administrative disposition to satisfy tax obligations from restricted share unit vesting rather than a discretionary sale. The filing ensures regulatory transparency and updates Section 16 reporting. There is no derivative activity reported and no indication of additional compensatory grants or changes to ownership structure within this filing.
TL;DR: Insider reported share withholding for taxes; the scale of the withholding is observable but not shown to be strategic divestment.
The reported disposition of 90,662 shares at $4.26 is explicitly described as tax withholding related to RSU vesting. Given the remaining direct ownership of 1,331,811 shares, the transaction does not, on its face, indicate a material shift in insider conviction. No exercise or sale transactions beyond withholding are disclosed. Investors seeking to assess insider intent should combine this filing with recent trading history and company grant schedules, which are not provided in this form.