Graff William E. 4
4 · CLARIVATE PLC · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Clarivate EVP William Graff Receives Award; Shares Withheld
What Happened William E. Graff, EVP and Chief Information Officer of Clarivate plc (CLVT), received 7,114 shares on Feb 18, 2026 as settlement of vested performance share units granted in 2023 (transaction code A). To cover tax withholding, 2,453 of those shares were surrendered/withheld (transaction code F) at an implicit withholding price of $1.78 per share, totaling $4,366. The award issuance was not a purchase; the withholding is a routine disposal to satisfy tax liability.
Key Details
- Transaction date: 2026-02-18; Form 4 filed 2026-02-20 (appears timely — two days after the transaction).
- Award: 7,114 shares issued @ $0.00 (A — settlement of 2023 PSUs upon certified performance) [Footnote F1].
- Tax withholding: 2,453 shares withheld/disposed @ $1.78 = $4,366 (F — shares withheld to pay tax liability) [Footnote F2].
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Filed Feb 20 for a Feb 18 transaction (generally within the 2-business-day reporting window).
Context This was a vesting/settlement of performance-based restricted stock units, not an open-market purchase or a signal of selling activity—only the portion needed to cover taxes was withheld and surrendered. Transaction codes: A = award/grant (shares issued), F = tax withholding (shares disposed to satisfy taxes).
Insider Transaction Report
- Award
Ordinary Shares
[F1]2026-02-18+7,114→ 622,260 total - Tax Payment
Ordinary Shares
[F2]2026-02-18$1.78/sh−2,453$4,366→ 619,807 total
Footnotes (2)
- [F1]Shares issued in settlement of performance share units granted in 2023 which vested upon the achievement and certification of the performance condition.
- [F2]Represents shares withheld by the Issuer for payment of tax liability incident to the vesting of a performance share unit award.