Snyder Andrew Miles 4

What Happened

• Andrew M. Snyder, reported as a director, was granted 62,264 restricted share units (RSUs) on 2026-05-14 (award code A). These RSUs were granted at $0 per share (typical for awards) and have a reported value of $0 at grant for Form 4 reporting purposes.
• Separately, on 2026-05-13, 2,841 Clarivate shares were disposed/withheld to satisfy tax withholding obligations at $2.44 per share, totaling $6,932 (transaction code F). This withholding is a routine tax-related disposition rather than an open-market sale.

Key Details

• Transaction dates and prices:
  • 2026-05-13: 2,841 shares withheld for taxes at $2.44/share — proceeds/withholding amount $6,932 (F).
  • 2026-05-14: 62,264 RSUs granted at $0/share (A).
• Shares owned after transaction: Not specified in the supplied filing details.
• Notable footnotes:
  • F1: Shares withheld for taxes (explains the 2,841-share disposition).
  • F2: The 62,264 RSUs are the annual non-employee director award under the company’s 2019 Incentive Award Plan.
  • F3/F4: Disclaimers noting Mr. Snyder’s relationships with Cambridge Information Group entities and the Snyder family trust; he disclaims beneficial ownership except to the extent of pecuniary interest.
• Filing timeliness: Form 4 was filed 2026-05-15 covering transactions on 2026-05-13 and 05-14; this appears to be timely under standard insider reporting rules.

Context

• RSUs are grant-based awards that generally vest over time; they are not an open-market purchase and do not necessarily signal buying conviction. The tax withholding (F) is a common, routine action to satisfy tax obligations when RSUs vest or are settled.
• The reported disposals here are for tax withholding, not a voluntary sale of shares on the market. The footnotes indicate limited beneficial ownership disclosures related to Mr. Snyder’s external affiliations and trust.