CTEV Form 4: H&F funds dispose shares in underwritten deal
Rhea-AI Filing Summary
Claritev Corp (CTEV): Hellman & Friedman–affiliated reporting persons disclosed open‑market disposals of Class A common stock tied to an underwritten public offering on 11/12/2025. The shares were sold at a price per share equal to the public offering price, net of underwriting discounts and commissions.
Reported transactions included, for example, a sale of 789,936 shares at $48.6675 per share and additional sales by affiliated funds on the same date. Following the transactions, each affiliated entity reported updated indirect beneficial holdings. The filing identifies the reporting persons as affiliated with Hellman & Friedman funds and indicates indirect ownership across multiple vehicles.
Positive
- None.
Negative
- None.
Insights
Large shareholder sold 1.5M shares via underwritten secondary; ownership remains sizable, float likely increases.
Claritev Corp (CTEV) insiders affiliated with Hellman & Friedman executed a coordinated sale of 1,500,000 Class A shares on
The transactions are classified as open-market sales under an offering (secondary), so the company did not issue new shares or receive proceeds. Post-transaction, the reporting persons still report indirect beneficial ownership aggregating entity-level balances totaling 3,845,057 shares, suggesting continued significant exposure. The ownership form remains indirect, and the filing disclaims beneficial ownership beyond pecuniary interest.
Key items to watch: settlement and any related prospectus details for this underwritten offering, and future Forms 4 for additional dispositions or governance changes. The event date is
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 789,936 | $48.6675 | $38.44M |
| Sale | Class A Common Stock | 354,524 | $48.6675 | $17.25M |
| Sale | Class A Common Stock | 66,997 | $48.6675 | $3.26M |
| Sale | Class A Common Stock | 20,722 | $48.6675 | $1.01M |
| Sale | Class A Common Stock | 3,485 | $48.6675 | $170K |
| Sale | Class A Common Stock | 264,336 | $48.6675 | $12.86M |
Footnotes (1)
- The shares of Class A common stock were sold in connection with an underwritten public offering of the Issuer. The shares were sold at a price per share equal to the public offering price, net of underwriting discounts and commissions. Represents shares sold directly by Hellman & Friedman Capital Partners VIII, L.P. ("HFCP VIII"). Represents shares sold directly by Hellman & Friedman Capital Partners VIII (Parallel), L.P. ("HFCP VIII Parallel"). Represents shares sold directly by HFCP VIII Parallel-A ("HFCP VIII Parallel-A"). Represents shares sold directly by H&F Executives VIII, L.P. ("H&F VIII Executives"). Represents shares sold directly by H&F Associates VIII, L.P. ("H&F VIII Associates", and together with HFCP VIII, HFCP VIII Parallel, HFCP VIII Parallel-A and H&F VIII Executives, the "H&F VIII Funds"). Represents shares sold directly by H&F Polaris Partners, L.P. ("Polaris Partners"), the general partner of which is H&F Polaris Partners GP, LLC, the managing member of which is HFCP VIII. Hellman & Friedman Investors VIII, L.P. ("H&F Investors VIII") is the general partner of each of the H&F VIII Funds. H&F Corporate Investors VIII, Ltd. ("H&F VIII") is the general partner of H&F Investors VIII. A three member board of directors of H&F VIII has investment discretion over the shares held by the H&F VIII Funds and Polaris Partners. The Reporting Persons states that this filing shall not be an admission that the Reporting Persons are the beneficial owners of any of the securities reported herein, and each Reporting Person disclaims beneficial ownership of such securities except to the extent of such Reporting Person's pecuniary interest therein.