Snyder Andrew Miles 4
Research Summary
AI-generated summary
Clarivate Director Andrew Snyder Receives 20,256-Share Award
What Happened
Andrew M. Snyder, a director of Clarivate Plc (CLVT), was granted 20,256 ordinary shares on 2026-03-31 as a quarterly board retainer (award). The grant was valued at approximately $51,248 based on the closing price of $2.53 on March 31, 2026. To cover withholding taxes, 1,292 of those shares were withheld/disposed at the same $2.53 price (≈ $3,269).
Key Details
- Transaction dates: March 31, 2026; Form filed April 2, 2026 (Period of Report: 2026-03-31).
- Award: 20,256 shares @ $2.53 = $51,248 (grant in lieu of $51,250 cash retainer; number of shares computed by dividing retainer by $2.53).
- Tax withholding: 1,292 shares withheld/disposed @ $2.53 = $3,269. Transaction codes: A = award/grant; F = shares withheld for taxes.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 explains the award was the quarterly cash retainer converted to shares; F2 confirms shares withheld for taxes; F3–F4 disclose Mr. Snyder’s affiliations (Cambridge Information Group entities and family trust) and disclaimers of beneficial ownership except to the extent of pecuniary interest.
Context
This was a compensation-related share award (not a purchase or open-market sale). Awards paid in stock and routine tax withholdings are common for board compensation and do not by themselves indicate buy/sell sentiment.