Clarivate (CLVT) director Snyder granted 62,264 RSUs, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clarivate PLC director Andrew Miles Snyder reported routine equity compensation and related tax withholding. He received an annual non-employee director award of 62,264 restricted share units of ordinary shares at no cost under the Clarivate Plc Amended and Restated 2019 Incentive Award Plan. In connection with equity compensation, 2,841 shares were withheld at $2.44 per share to cover tax obligations. Following these transactions, Snyder directly holds 270,703 ordinary shares. He also has indirect holdings through Cambridge Information Group entities and the Snyder 2011 Family Trust, for which he disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Snyder Andrew Miles
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 62,264 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 2,841 | $2.44 | $7K |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 270,703 shares (Direct, null);
Ordinary Shares — 8,821,984 shares (Indirect, By Cambridge Information Group Inc.)
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. 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. 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
RSU award: 62,264 shares
Grant price: $0.00 per share
Tax-withheld shares: 2,841 shares
+5 more
8 metrics
RSU award
62,264 shares
Annual non-employee director restricted share unit grant
Grant price
$0.00 per share
Director RSU award reported with zero cash price
Tax-withheld shares
2,841 shares
Shares delivered to cover tax liability on equity compensation
Tax withholding price
$2.44 per share
Value used for shares withheld for taxes
Direct holdings post-transaction
270,703 shares
Ordinary shares directly held after reported transactions
Indirect holding via CIG II LLC
10,489,466 shares
Ordinary shares held indirectly by Cambridge Information Group II LLC
Indirect holding via CIG Inc.
8,821,984 shares
Ordinary shares held indirectly by Cambridge Information Group Inc.
Indirect holding via Snyder 2011 Family Trust
238,500 shares
Ordinary shares held indirectly by Snyder 2011 Family Trust
Key Terms
restricted share units, non-employee director award, beneficial ownership, pecuniary interest, +2 more
6 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."
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
"Mr. Snyder disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein."
tax liability financial
"Payment of exercise price or tax liability by delivering securities"
withheld for taxes financial
"Represents shares withheld for taxes."
FAQ
What did Clarivate (CLVT) director Andrew Miles Snyder report in this Form 4?
Andrew Miles Snyder reported an equity compensation grant and related tax withholding. He received 62,264 restricted share units and had 2,841 shares withheld for taxes, reflecting routine non-employee director compensation rather than open-market buying or selling activity.
What are Andrew Miles Snyder’s direct Clarivate (CLVT) holdings after these transactions?
After the grant and tax withholding, Snyder directly holds 270,703 Clarivate ordinary shares. This figure reflects his direct ownership only and does not include any indirect holdings through entities or trusts associated with him.
Does Andrew Miles Snyder have indirect Clarivate (CLVT) holdings through other entities?
Yes. Indirect holdings are reported through Cambridge Information Group entities, CSA GP Corporation, and the Snyder 2011 Family Trust. Footnotes state Snyder disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in those entities.
What does the tax withholding transaction mean in Andrew Miles Snyder’s Clarivate (CLVT) Form 4?
The tax withholding transaction reflects 2,841 shares delivered at $2.44 per share to cover tax liabilities from equity compensation. This is labeled as a payment of tax liability by delivering securities, not an open-market sale, and is common in stock-based compensation.