Clarivate CFO reports share grant and restructures holdings
Clarivate plc Executive Vice President and CFO Jonathan Mark Collins reported several non-market changes in his CLVT shareholdings.
Rhea-AI Filing Summary
Clarivate plc Executive Vice President and CFO Jonathan Mark Collins reported several non-market changes in his CLVT shareholdings. He received a grant or award of 471,698 Ordinary Shares, boosting his equity-based compensation. On the same date, 43,987 shares were withheld at $2.5700 per share to cover taxes due upon the vesting of restricted share units, which is an administrative disposition rather than an open-market sale.
Separately, pursuant to a divorce settlement, 35,741 shares were transferred for no consideration to his former spouse, and he no longer reports beneficial ownership of those shares. After these transactions, Collins directly holds 1,145,554 Ordinary Shares of Clarivate.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Ordinary Shares | 35,741 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares | 471,698 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 43,987 | $2.57 | $113K |
Footnotes (2)
- F1. Represents shares withheld for taxes due upon the vesting of restricted share units.
- F2. Pursuant to a divorce settlement, 35,741 shares were transferred for no consideration to the Reporting Person's former spouse. For purposes of Section 16, the Reporting Person no longer reports that he is the beneficial owner of any shares owned by his former spouse.
FAQ
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What did Clarivate (CLVT) CFO Jonathan Mark Collins report in this Form 4?
Was the Clarivate (CLVT) CFO’s Form 4 transaction an open-market stock sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.