Claritev Corp (CTEV) COO earns 8,723 performance stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Claritev Corp executive vice president and chief operating officer Jerome Hogge reported an equity compensation grant. He acquired 8,723 shares of Class A common stock at a price of $0.00 per share as a grant or award, bringing his direct holdings to 98,746 shares.
The award represents earned performance-based restricted stock units that will vest in the first quarter of 2027, subject to his continued employment. These PSUs were tied to a two-year revenue performance period ending December 31, 2025, with company revenue levels resulting in him earning 67% of the originally awarded units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hogge Jerome
Role
EVP, Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock | 8,723 | $0.00 | -- |
Holdings After Transaction:
Class A common stock — 98,746 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Claritev Corp (CTEV) report for Jerome Hogge?
Claritev Corp reported that EVP and COO Jerome Hogge acquired 8,723 shares of Class A common stock as an equity award. This grant came at a price of $0.00 per share and reflects performance-based restricted stock units earned under the company’s 2020 Omnibus Incentive Plan.
What type of equity award did Claritev Corp (CTEV) grant to Jerome Hogge?
Jerome Hogge received earned performance-based restricted stock units (PSUs) linked to Claritev Corp Class A common stock. These PSUs were granted at no cost, contingent on revenue-based performance criteria under the company’s 2020 Omnibus Incentive Plan and the applicable PSU award agreement.
When will Jerome Hogge’s Claritev Corp (CTEV) performance stock units vest?
The earned performance-based restricted stock units awarded to Jerome Hogge are scheduled to vest in the first quarter of 2027. Vesting remains subject to his continued employment with Claritev Corp, aligning long-term executive incentives with the company’s multi-year performance and retention goals.
How were Jerome Hogge’s Claritev Corp (CTEV) PSUs performance-tested?
The PSUs were tied to Claritev Corp’s total revenue over a two-year performance period ending December 31, 2025. After the compensation committee certified results versus target, Hogge earned 67% of the originally awarded PSUs based on the company’s revenue performance for that period.
Was Jerome Hogge’s Claritev Corp (CTEV) transaction an open-market purchase?
No, the transaction was not an open-market purchase. It was recorded as a grant, award, or other acquisition of 8,723 shares at $0.00 per share, representing earned performance-based restricted stock units approved and certified under Claritev Corp’s 2020 Omnibus Incentive Plan.