CLARIVATE PLC·4

Apr 2, 5:18 PM ET

Bomba Jane L Okun 4

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Clarivate (CLVT) Director Jane Okun Receives 11,363-Share Award

What Happened
Jane L. Okun, a member of Clarivate Plc’s Board of Directors, was granted 11,363 ordinary shares on March 31, 2026 as the quarterly board retainer elected in stock rather than cash (code A). The shares were valued using the closing price of $2.53, for a gross value of $28,748. The filing also shows 621 shares were withheld to satisfy tax withholding (code F), valued at about $1,571. Net shares retained from the grant: 10,742 (11,363 granted − 621 withheld), net value ≈ $27,177.

Key Details

  • Transaction date: 2026-03-31; Form 4 filed: 2026-04-02.
  • Award: 11,363 shares @ $2.53 = $28,748 (grant in lieu of $28,750 cash retainer; number of shares computed using $2.53 closing price).
  • Tax withholding: 621 shares withheld @ $2.53 = $1,571.
  • Net shares added to Okun’s holdings from this grant: 10,742 shares (net value ≈ $27,177).
  • Footnotes: F1 = quarterly award elected in lieu of cash under the Clarivate Plc Amended and Restated 2019 Incentive Award Plan; F2 = shares withheld for taxes.
  • Shares owned after the transaction: not stated in the provided filing excerpt.

Context
This was a routine director compensation award (stock issued instead of a cash retainer), not an open-market purchase or a sale intended to monetize holdings. Withholding shares for taxes is a common, administrative disposition and does not necessarily indicate the director’s view of the company’s prospects.