[Form 4] MultiPlan Corporation Insider Trading Activity
Claritev Corp (CTEV) reporting person Dalton Travis, who is President, CEO & Executive Chair and a director, reported purchases of Class A common stock totaling 4,282 shares. The Form 4 shows a purchase of 300 shares on 08/08/2025 at a weighted average price of $54.2083 (individual trades ranged $54.18–$54.25) and a purchase of 3,982 shares on 08/11/2025 at a weighted average price of $58.3019 (individual trades ranged $58.06–$58.50). The shares are reported as indirectly beneficially owned in the reporting person’s spouse’s Individual Retirement Account, bringing indirect holdings to 4,282 shares. The Form 4 was executed by attorney-in-fact Kent Bartholomew and dated 08/12/2025.
- Insider purchases totaling 4,282 Class A shares, indicating acquisition activity by the company’s President/CEO/Executive Chair
- Weighted-average prices and per-trade price ranges disclosed, with footnotes offering to supply detailed trade-level information on request
- None.
Insights
TL;DR: CEO purchases 4,282 Class A shares across two dates, disclosed with weighted-average prices and trade ranges.
The filing records two purchases by Dalton Travis totaling 4,282 Class A shares, with weighted-average prices of $54.2083 and $58.3019 and disclosed per-trade ranges. These are reported as indirect holdings via the reporting person’s spouse's IRA, which affects the reporting of beneficial ownership but still signals acquisition activity by an insider. The disclosure includes footnotes committing to provide transaction-level detail on request. No derivative transactions or 10b5-1 plan checkbox are indicated in the provided text.
TL;DR: Insider buying is clearly reported and properly footnoted; ownership is indirect via spouse's IRA and form is signed by attorney-in-fact.
The Form 4 identifies Dalton Travis as both an officer and director and reports indirect acquisitions held in a spouse's Individual Retirement Account, which is material for ownership reporting and potential related-party considerations. The filing includes weighted-average prices and explicit ranges for the multiple transactions, improving transparency. The signature is by an attorney-in-fact, with the filing date shown, meeting standard Form 4 procedural requirements. The transactions do not show any derivative activity or amendments beyond the disclosed purchases.