Clarivate (CLVT) CEO receives 1.13M-share award as 125K shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clarivate PLC’s Chief Executive Officer, Shem Tov Matitiahu S., reported equity compensation and related tax withholding in Ordinary Shares. He received a grant or award of 1,132,075 Ordinary Shares at no cost, increasing his direct holdings. To cover taxes on vesting restricted share units, 125,471 shares were withheld at a price of $2.57 per share; this was not an open-market sale. Following these transactions, he directly holds 2,338,415 Ordinary Shares and indirectly holds 320,603 Ordinary Shares through IBI Trust Management.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Shem Tov Matitiahu S.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 1,132,075 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 125,471 | $2.57 | $322K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 2,463,886 shares (Direct);
Ordinary Shares — 320,603 shares (Indirect, By: IBI Trust Management)
Footnotes (1)
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FAQ
What did Clarivate (CLVT) CEO Shem Tov Matitiahu S. report in this Form 4?
He reported an equity compensation event and related tax withholding. The CEO received 1,132,075 Ordinary Shares as a grant or award and had 125,471 shares withheld to satisfy tax obligations tied to vesting restricted share units.
How is tax withholding reflected in this Clarivate (CLVT) Form 4?
Tax withholding appears as a disposition coded “F” for 125,471 Ordinary Shares at $2.57 per share. A footnote specifies these shares were withheld to cover taxes due upon vesting of restricted share units, not sold on the open market.