Clarke Richard A 4
Research Summary
AI-generated summary
Claritev (CTEV) Director Richard A. Clarke Receives RSU Award
What Happened
- Richard A. Clarke, a director of Claritev Corp (CTEV), was granted 8,977 restricted stock units (RSUs) on April 29, 2026. The award shows an acquisition price of $0.00 (no cash paid), so the grant had no immediate cash value reported. The transaction was reported on an SEC Form 4 filed May 1, 2026. This is a compensation/award grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-29 (reported on Form 4 filed 2026-05-01)
- Transaction type: Grant / Award (code A)
- Units granted: 8,977 RSUs
- Reported price: $0.00 (no cash consideration)
- Shares owned after transaction: not specified in the provided filing excerpt
- Footnote (vesting): RSUs vest on the earlier of the one-year anniversary of the grant or the next regularly scheduled annual meeting, subject to continued service; pro rata vesting applies on voluntary resignation except for termination for cause (per footnote F1)
- Filing timeliness: Form 4 filed May 1, 2026; no late-filing flag indicated in the provided data
Context
- RSUs are a deferred equity award that convert to shares when they vest; they are a common form of director compensation to align long-term interests with shareholders. Grants are routine compensation events and do not by themselves indicate buying or selling sentiment.