Claritev (CTEV) CFO logs RSU grant, tax share withholding and cRSU settlement
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Claritev Corp EVP & CFO Garis Douglas Michael reported several equity-related transactions in Claritev Class A common stock and related units on March 1, 2026. He disposed of 25,488 cash-settled restricted stock units back to the issuer following vesting of cRSUs granted on March 1, 2025. He also had 5,331 Class A shares withheld to cover taxes tied to vesting of prior restricted stock units, and received a grant of 66,322 restricted stock units that vest in four equal annual installments on March 1 of 2027, 2028, 2029, and 2030. After these transactions, he reported 204,852 Class A shares held directly, plus additional indirect holdings in Individual Retirement Accounts for himself, his spouse, and children.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Garis Douglas Michael
Role
EVP&CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Cash Settled Restricted Stock Units | 25,488 | $0.00 | -- |
| Tax Withholding | Class A common stock | 5,331 | $13.47 | $72K |
| Grant/Award | Class A common stock | 66,322 | $0.00 | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Holdings After Transaction:
Cash Settled Restricted Stock Units — 25,488 shares (Direct);
Class A common stock — 138,530 shares (Direct);
Class A common stock — 19,927 shares (Indirect, Spouse's Individual Retirement Account)
Footnotes (1)
- Represents shares withheld to pay taxes applicable to vesting of restricted stock units granted on March 1, 2025. Represents a grant of restricted stock units which will vest at a rate of 25% per year on each of March 1, 2027, 2028, 2029, and 2030. Represents the cash settlement of cash settled restricted stock units ("cRSUs") granted on March 1, 2025 as a result of the vesting of 50% of such cRSUs on March 1, 2026.
FAQ
What insider transactions did Claritev (CTEV) CFO Garis Douglas Michael report?
He reported cRSU settlement, tax share withholding, and a new grant. On March 1, 2026, 25,488 cash-settled RSUs were disposed to the issuer, 5,331 Class A shares were withheld for taxes, and 66,322 restricted stock units were granted.
How many Claritev (CTEV) restricted stock units were granted to the CFO?
He received a grant of 66,322 restricted stock units. According to the filing, these units vest 25% per year on March 1 of 2027, 2028, 2029, and 2030, creating a four-year vesting schedule tied to continued service.
What does the 25,488 cash-settled RSU disposition mean for Claritev (CTEV) CFO holdings?
25,488 cash-settled RSUs were settled in cash and disposed to the issuer. They stem from cRSUs granted March 1, 2025, of which 50% vested on March 1, 2026. This settlement reduced outstanding cRSUs while reflecting compensation in cash form.