Claritev Corp (CTEV) EVP logs RSU grant, tax-share withholdings in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Claritev Corp EVP and Chief Digital Officer Kim Michael reported several equity-related transactions on March 1, 2026. The filing shows a grant of 34,487 shares of Class A common stock as restricted stock units that will vest 25% each year on March 1, 2027, 2028, 2029, and 2030. The company also withheld multiple small blocks of Class A common stock to cover taxes due on previously granted restricted stock units that vested on March 1 of 2022, 2023, 2024, and 2025. In addition, cash-settled restricted stock units granted on March 1, 2025 partially vested and were settled in cash, reducing the number of those units held.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Kim Michael
Role
EVP, Chief Digital Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Cash Settled Restricted Stock Units | 13,253 | $0.00 | -- |
| Tax Withholding | Class A common stock | 189 | $13.47 | $3K |
| Tax Withholding | Class A common stock | 1,608 | $13.47 | $22K |
| Tax Withholding | Class A common stock | 678 | $13.47 | $9K |
| Tax Withholding | Class A common stock | 2,107 | $13.47 | $28K |
| Grant/Award | Class A common stock | 34,487 | $0.00 | -- |
Holdings After Transaction:
Cash Settled Restricted Stock Units — 13,254 shares (Direct);
Class A common stock — 137,784 shares (Direct)
Footnotes (1)
- Represents shares withheld to pay taxes applicable to vesting of restricted stock units granted on March 1, 2022. Represents shares withheld to pay taxes applicable to vesting of restricted stock units granted on March 1, 2023. Represents shares withheld to pay taxes applicable to vesting of restricted stock units granted on March 1, 2024. Represents shares withheld to pay taxes applicable to vesting of restricted stock units granted on March 1, 2025. 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. 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.
FAQ
What insider transactions did Claritev Corp (CTEV) disclose for Kim Michael?
Claritev disclosed that EVP and Chief Digital Officer Kim Michael received a grant of 34,487 restricted stock units and had several small share dispositions related to tax withholding and cash settlement of equity awards, all dated March 1, 2026.
Was the Claritev (CTEV) insider activity an open-market stock sale?
The activity was not an open-market sale. Shares of Class A common stock were disposed of to cover tax liabilities and exercise costs, and cash-settled restricted stock units were settled in cash as they vested, according to the filing’s descriptions and footnotes.
What is the vesting schedule for Kim Michael’s new restricted stock units at Claritev (CTEV)?
The new restricted stock units granted to Kim Michael will vest in four equal installments of 25% each year, on March 1, 2027, March 1, 2028, March 1, 2029, and March 1, 2030, as described in the footnotes.
What are cash-settled restricted stock units (cRSUs) mentioned in the Claritev (CTEV) filing?
The filing refers to cash-settled restricted stock units granted on March 1, 2025. On March 1, 2026, 50% of these cRSUs vested and were settled in cash, resulting in a disposition of 13,253 units back to the issuer as part of that settlement.