Claritev (CTEV) CEO Dalton Travis gets major RSU grant, disposes shares for taxes
Rhea-AI Filing Summary
Claritev Corp director and CEO Dalton Travis reported a mix of equity award activity and related share disposals on March 1, 2026. He received a grant of 278,925 shares of Class A common stock as a restricted stock unit award, recorded as a grant or other acquisition. To cover tax obligations from vesting of earlier restricted stock units granted on March 1, 2024 and March 1, 2025, 13,806 and 9,824 Class A shares, respectively, were disposed of through tax-withholding transactions at a price of $13.47 per share. In addition, 190,566 cash settled restricted stock units granted on March 1, 2025 were settled in cash upon vesting of 50% of those units, reducing his position in that derivative security. After these transactions, he directly held 498,353 Class A shares and 190,567 cash settled restricted stock units, and there were 24,952 Class A shares held indirectly through his spouse’s individual retirement account.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Cash Settled Restricted Stock Units | 190,566 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A common stock | 13,806 | $13.47 | $186K |
| Exercise Price or Tax Liability | Class A common stock | 9,824 | $13.47 | $132K |
| Grant/Award | Class A common stock | 278,925 | $0.00 | $0.00 |
| holding | Class A common stock | -- | -- | -- |
Footnotes (4)
- F1. Represents shares withheld to pay taxes applicable to vesting of restricted stock units granted on March 1, 2024.
- F2. Represents shares withheld to pay taxes applicable to vesting of restricted stock units granted on March 1, 2025.
- F3. 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.
- F4. 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.
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