STOCK TITAN

Form 4: CTEV Director Reclassifies 201,652 Class A Shares to Trust

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

White Dale A., a director of Claritev Corp (CTEV), reported transactions dated 08/21/2025 that moved 201,652 shares of Class A common stock from direct ownership into a revocable trust. The Form 4 shows a Code G transfer with a reported price of $0, indicating an internal transfer rather than a market sale. After the transfer the reporting person is shown with 160,080 shares held directly and 201,652 shares held indirectly by trust. The filing is signed by an attorney-in-fact on 08/25/2025.

Positive

  • Beneficial ownership preserved as 201,652 shares were moved into a revocable trust rather than sold
  • Clear disclosure with explanatory remark and signed Form 4 complying with Section 16 reporting

Negative

  • Direct holdings decreased by 201,652 shares (now 160,080 direct)
  • No sale proceeds reported (price $0), so no liquidity event for the shares

Insights

TL;DR: Routine internal transfer to a revocable trust preserves beneficial ownership while converting direct holdings to indirect ownership.

The transaction is documented as a Code G transfer of 201,652 Class A shares to a revocable trust where the reporting person and spouse serve as joint trustees. This is a common estate planning or ownership-structure action and does not indicate disposition to third parties or a market sale. The reporting person retains beneficial ownership via the trust, evidenced by the indirect ownership entry. For governance considerations, the company's insider ownership profile shifts nominally from direct to indirect holdings, which can slightly affect direct-holdings tallies but does not change aggregate beneficial interest disclosed on Form 4.

TL;DR: Form 4 shows an internal transfer (Code G) with no cash consideration; disclosure aligns with Section 16 reporting requirements.

The Form 4 lists two mirror entries dated 08/21/2025: a disposal of 201,652 shares (direct) and an acquisition of 201,652 shares (indirect) via a revocable trust, both recorded at $0. The filing includes the required explanatory remark clarifying the transfer to a revocable trust. From a reporting-compliance perspective, entries are consistent and the form is executed by an attorney-in-fact as signer on 08/25/2025. There is no indication of a market transaction or change in aggregate beneficial ownership beyond reclassification to indirect ownership.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
White Dale A.

(Last) (First) (Middle)
C/O CLARITEV CORPORATION
7900 TYSONS ONE PLACE, SUITE 400

(Street)
MCLEAN VA 22102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Claritev Corp [ CTEV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A common stock 08/21/2025 G 201,652(1) D $0 160,080 D
Class A common stock 08/21/2025 G 201,652(1) A $0 201,652 I By Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects the transfer of securities, previously reported as directly held by the Reporting Person to a revocable trust established by the Reporting Person, of which the Reporting Person and the Reporting Person's spouse are joint trustees.
Remarks:
/s/ Kent Bartholomew, attorney-in-fact 08/25/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did White Dale A. report on the Form 4 for Claritev Corp (CTEV)?

The Form 4 reports a Code G transfer on 08/21/2025 moving 201,652 Class A shares from direct ownership into a revocable trust; signing occurred 08/25/2025.

How many Class A shares does White Dale A. own directly and indirectly after the transaction?

After the reported transaction the filing shows 160,080 shares held directly and 201,652 shares held indirectly by a revocable trust.

Was there any cash consideration reported for the transfer of shares?

No cash consideration was reported; the transaction price is listed as $0, consistent with an internal transfer to a trust.

What does transaction code G mean in this Form 4?

In this filing Code G is used to indicate a transfer to a trust or similar arrangement; the explanatory remark confirms transfer to a revocable trust.

Who signed the Form 4 and when?

The Form 4 is signed by Kent Bartholomew, attorney-in-fact on 08/25/2025.
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