Clarivate (CLVT) director gets share grant and tax withholding in Form 4
Rhea-AI Filing Summary
Clarivate director Andrew Miles Snyder received a quarterly share award instead of cash fees. He acquired 20,256 Ordinary Shares on March 31, 2026 at $2.53 per share, equal to a $51,250 cash retainer, under the Clarivate Plc Amended and Restated 2019 Incentive Award Plan.
On the same date, 1,292 shares were withheld to cover tax obligations, leaving Snyder with 211,280 Ordinary Shares held directly. He also has large indirect positions, including 8,821,984 shares held by Cambridge Information Group Inc. and related LLCs and 238,500 shares held by the Snyder 2011 Family Trust, where he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 18,964 shares
Net Buy
8 txns
Insider
Snyder Andrew Miles
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 20,256 | $2.53 | $51K |
| Exercise Price or Tax Liability | Ordinary Shares | 1,292 | $2.53 | $3K |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 211,280 shares (Direct);
Ordinary Shares — 8,821,984 shares (Indirect, By Cambridge Information Group Inc.);
Ordinary Shares — 2,247,510 shares (Indirect, By Cambridge Information Group I LLC);
Ordinary Shares — 10,489,466 shares (Indirect, By Cambridge Information Group II LLC);
Ordinary Shares — 4,033,271 shares (Indirect, By Cambridge Information Group III LLC);
Ordinary Shares — 3,417 shares (Indirect, By CSA GP Corporation);
Ordinary Shares — 238,500 shares (Indirect, By Snyder 2011 Family Trust)
Footnotes (4)
- F1. Quarterly award of shares elected in lieu of cash retainer of $51,250 for services as a member of the Board of Directors and granted pursuant to the Clarivate Plc Amended and Restated 2019 Incentive Award Plan. The number of shares was calculated by dividing the cash retainer by $2.53, the closing price of the issuer's ordinary shares on March 31, 2026.
- F2. Represents shares withheld for taxes.
- F3. Andrew M. Snyder is the Chief Executive Officer of and a shareholder in Cambridge Information Group Inc. ("CIG"), which acts as manager of Cambridge Information Group I LLC, Cambridge Information Group II LLC and Cambridge Information Group III LLC. CSA GP Corporation is a wholly owned subsidiary of CIG. Mr. Snyder disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F4. Andrew M. Snyder serves as a trustee and is one of the beneficiaries of the Snyder 2011 Family Trust. Mr. Snyder disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Key Figures
Equity award shares: 20,256 shares
Cash retainer value: $51,250
Price per share: $2.53 per share
+4 more
7 metrics
Equity award shares
20,256 shares
Quarterly Board retainer paid in stock at $2.53/share
Cash retainer value
$51,250
Board of Directors quarterly cash retainer replaced by shares
Price per share
$2.53 per share
Closing price of Clarivate Ordinary Shares on March 31, 2026
Shares withheld for taxes
1,292 shares
Tax withholding on March 31, 2026 equity grant
Direct holdings after transactions
211,280 shares
Ordinary Shares held directly by Snyder after March 31, 2026
Cambridge Information Group Inc. holdings
8,821,984 shares
Indirect Clarivate holdings through CIG-related entities
Snyder 2011 Family Trust holdings
238,500 shares
Indirect Clarivate holdings via family trust
Key Terms
tax withholding, beneficial ownership, pecuniary interest, Incentive Award Plan, +1 more
5 terms
tax withholding financial
"Represents shares withheld for taxes."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
beneficial ownership financial
"Mr. Snyder disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein."
Incentive Award Plan financial
"granted pursuant to the 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.
cash retainer financial
"Quarterly award of shares elected in lieu of cash retainer of $51,250 for services as a member of the Board of Directors"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Clarivate (CLVT) director Andrew Miles Snyder report in this Form 4?
Andrew Miles Snyder reported a quarterly equity grant of 20,256 Clarivate Ordinary Shares in lieu of a cash retainer. The award reflects his Board compensation and was priced at Clarivate’s $2.53 closing share price on March 31, 2026.
What are Andrew Miles Snyder’s direct Clarivate (CLVT) holdings after these transactions?
After the grant and tax withholding, Snyder directly holds 211,280 Clarivate Ordinary Shares. This figure reflects his personal direct ownership as of March 31, 2026, separate from additional indirect holdings through affiliated entities and a family trust.
What indirect Clarivate (CLVT) holdings are associated with Andrew Miles Snyder?
Indirectly, entities linked to Snyder hold large Clarivate positions, including 8,821,984 shares via Cambridge Information Group Inc. and related LLCs, and 238,500 shares via the Snyder 2011 Family Trust. Snyder disclaims beneficial ownership except for his pecuniary interest in these entities.
Is Andrew Miles Snyder’s Clarivate (CLVT) Form 4 transaction an open-market buy or sell?
No. The main transaction is a stock grant of 20,256 shares as director compensation, not an open-market purchase. The 1,292-share disposition reflects shares withheld for taxes, rather than a discretionary market sale of Clarivate stock.