Claritev CFO sells 9,025 shares around $31
Rhea-AI Filing Summary
Claritev Corp (CTEV) reported that EVP and CFO Garis Douglas Michael sold a total of 9,025 shares of Class A common stock on September 21, 2026 in open-market transactions at weighted average prices around $30.50 and $31.19, pursuant to a Rule 10b5-1 trading plan adopted on June 13, 2026. The filing also lists indirect holdings in several Individual Retirement Accounts, including 45,810 shares in the reporting person's IRA and 19,927 shares in the spouse's IRA.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
Net Seller: 9,025 shares
Net Sell
6 txns
Insider
Garis Douglas Michael
Role
EVP&CFO
Sold
9,025 shs ($276K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A common stock F1, F2 | 7,877 | $30.5021 | $240K |
| Sale | Class A common stock F1, F3 | 1,148 | $31.1934 | $36K |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
| holding | Class A common stock | -- | -- | -- |
Holdings After Transaction:
Class A common stock — 185,416 shares (Direct);
Class A common stock — 19,927 shares (Indirect, Spouse's Individual Retirement Account);
Class A common stock — 45,810 shares (Indirect, Reporting Person's Individual Retirement Account);
Class A common stock — 336 shares (Indirect, Daughter's Individual Retirement Account);
Class A common stock — 345 shares (Indirect, Son's Individual Retirement Account)
Footnotes (3)
- F1. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.9900 to $30.9800, inclusive. The reporting person undertakes to provide Claritev Corporation, any security holder of Claritev Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.0100 to $31.5500, inclusive. The reporting person undertakes to provide Claritev Corporation, any security holder of Claritev Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
Key Figures
Shares sold (total): 9,025 shares
Shares sold at $30.5021: 7,877 shares
Shares sold at $31.1934: 1,148 shares
+5 more
8 metrics
Shares sold (total)
9,025 shares
Class A common stock sold by EVP & CFO on September 21, 2026
Shares sold at $30.5021
7,877 shares
Weighted average price $30.5021; trades between $29.99 and $30.98
Shares sold at $31.1934
1,148 shares
Weighted average price $31.1934; trades between $31.01 and $31.55
Spouse IRA holdings
19,927 shares
Indirect Class A common stock holdings in spouse’s Individual Retirement Account
Reporting person IRA holdings
45,810 shares
Indirect Class A common stock holdings in reporting person’s Individual Retirement Account
Daughter IRA holdings
336 shares
Indirect Class A common stock holdings in daughter’s Individual Retirement Account
Son IRA holdings
345 shares
Indirect Class A common stock holdings in son’s Individual Retirement Account
Rule 10b5-1 plan adoption date
June 13, 2026
Date the CFO adopted the trading plan governing these sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, Individual Retirement Account
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Individual Retirement Account financial
"Spouse's Individual Retirement Account"
A tax-advantaged retirement account owned by an individual that holds investments such as stocks, bonds, mutual funds or cash and is governed by rules about how much can be contributed and when money can be withdrawn. It matters to investors because the account’s specific tax rules and withdrawal limits affect how savings grow and when taxes are paid; think of it as a labeled box for retirement money that comes with special tax treatment and rules about when you can open it.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Claritev Corp (CTEV) report in this Form 4?
Claritev Corp reported that EVP and CFO Garis Douglas Michael sold 9,025 shares of Class A common stock on September 21, 2026 in open-market transactions at weighted average prices around $30.50 and $31.19, under a Rule 10b5-1 trading plan.
Was the Claritev (CTEV) insider sale made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were made pursuant to a Rule 10b5-1 trading plan adopted by Garis Douglas Michael on June 13, 2026, and the Rule 10b5-1 checkbox is marked as affirmed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
