[Form 4] MultiPlan Corporation Insider Trading Activity
Claritev Corporation reported that its Executive Vice President and Chief Operating Officer, Jerome Hogge, purchased 5,621 shares of Class A common stock on 08/07/2025 at a weighted average price of $53.5084 (individual trades ranged from $53.26 to $53.56). Following these purchases, Hogge's beneficial ownership increased to 90,023 shares.
The Form 4 notes the price shown is a weighted average for multiple transactions and that the reporting person will provide full breakdowns of the number of shares purchased at each price upon request. No derivative transactions are reported on this form.
- Executive insider purchase: EVP/COO Jerome Hogge acquired 5,621 Class A shares.
- Increased ownership: Beneficial holdings rose to 90,023 shares following the purchases.
- Transparent pricing disclosure: Weighted average price of $53.5084 with a disclosed trade range of $53.26–$53.56 and offer to provide per-trade breakdowns on request.
- No derivatives reported: Table II contains no derivative transactions, indicating a direct-equity purchase only.
- None.
Insights
TL;DR: Senior executive purchased 5,621 Class A shares, increasing direct ownership to 90,023 shares; signal positive but materiality unclear without stake percentage.
The reported purchase by the EVP/COO is a direct acquisition of common stock at a weighted average of $53.5084, disclosed as multiple trades within a narrow price band. Insider buys by senior officers can signal confidence in the company's outlook; however, assessing market impact requires the issuer's outstanding shares or market capitalization, which are not provided in this Form 4. The disclosure is transparent about pricing and offers further breakdown upon request, which supports clarity for investors.
TL;DR: Form 4 shows clear, compliant disclosure of an insider purchase with weighted-average pricing and an attorney-in-fact signature; no derivatives reported.
The filing identifies the reporting person as the EVP and COO and records a purchase transaction coded as a purchase. The explanatory footnote properly discloses that the reported price is a weighted average of multiple transactions and promises additional detail on request, which aligns with good disclosure practice. The form is signed by an attorney-in-fact, indicating the reporting obligation was executed by an authorized agent. There are no derivative positions disclosed on Table II.