Claritev director granted 2,880 RSUs for board role
Claritev Corp granted a pro-rata RSU award of 2,880 Class A shares to a director, vesting by April 29, 2027 or the 2027 annual meeting, subject to service conditions.
Rhea-AI Filing Summary
Claritev Corp (CTEV) reported that director Thomas Benjamin Letham received a grant of 2,880 shares of Class A common stock in the form of restricted stock units on September 14, 2026. These RSUs carry no cash exercise price and represent his pro-rata equity award for joining the Board of Directors.
The RSUs will vest on the earlier of April 29, 2027 and Claritev's 2027 annual meeting of stockholders, subject to his continued service. If he voluntarily resigns before that date (other than for cause), the RSUs vest on a pro-rata basis according to the number of days served.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock F1 | 2,880 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a pro-rata grant of restricted stock units based on Mr. Letham's appointment date to the Board of Directors of Claritev. Such grant shall vest on the earlier of April 29, 2027 and Claritev's 2027 annual meeting of stockholders, subject to continued service through the vesting date; provided, however, that the restricted stock units vest pro rata based on the number of days of service provided to the issuer in the event of a voluntary resignation other than when grounds for termination for cause exist.
Key Figures
Key Terms
restricted stock units financial
pro-rata financial
vesting financial
annual meeting of stockholders financial
termination for cause regulatory
FAQ
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What insider transaction did Claritev Corp (CTEV) report in this Form 4?
When do the granted RSUs at Claritev Corp (CTEV) vest for the director?
What happens to the Claritev (CTEV) RSUs if the director resigns early?
Was the Claritev Corp (CTEV) RSU grant made under a Rule 10b5-1 trading plan?
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