Clarivate (NYSE: CLVT) president receives 377,358-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mourad Maroun S. reported acquisition or exercise transactions in this Form 4 filing.
Clarivate PLC executive Mourad Maroun S., President, IP, received a grant of 377,358 Ordinary Shares as a stock award at no cost. Following this award, his direct holdings increased to 916,926 Ordinary Shares. The filing also shows 105,000 Ordinary Shares held indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Mourad Maroun S.
Role
President, IP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 377,358 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 916,926 shares (Direct);
Ordinary Shares — 105,000 shares (Indirect, By spouse)
Footnotes (1)
FAQ
What insider transaction did Clarivate (CLVT) report for Mourad Maroun S.?
Clarivate reported that President, IP, Mourad Maroun S. received a grant of 377,358 Ordinary Shares. The award was recorded at a price of $0.00 per share, indicating it is a compensation-related stock grant rather than an open-market purchase.
Was the Clarivate Form 4 transaction a stock purchase or a grant?
The transaction was a grant or award acquisition, not a market purchase. The Form 4 labels the code as an "A" transaction, meaning a stock grant, with 377,358 Ordinary Shares awarded at a stated price of $0.00 per share to the reporting executive.
What role does the insider in this Clarivate Form 4 hold at the company?
The reporting person, Mourad Maroun S., serves as Clarivate’s President, IP. His senior executive role and the large stock grant of 377,358 Ordinary Shares indicate the transaction is part of his compensation package rather than routine trading activity.