Cornick Kenneth L. 4
4 · CLARIVATE PLC · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Clarivate (CLVT) Director Kenneth Cornick Receives RSU Award, Sells Shares for Taxes
What Happened
- Kenneth L. Cornick, a director of Clarivate Plc (CLVT), received an annual award of 62,264 restricted share units (RSUs) on May 14, 2026 (grant reported at $0.00). On May 13, 2026, 5,990 shares were disposed/withheld to cover taxes at $2.44 per share for a reported tax withholding value of $14,616.
- The RSU grant is an award (not an open-market purchase), and the 5,990-share disposition was a tax withholding (routine, not a market sale for cash proceeds).
Key Details
- Transaction dates & prices: May 13, 2026 — 5,990 shares withheld at $2.44/share (tax withholding = $14,616); May 14, 2026 — 62,264 RSUs granted at $0.00.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnotes: F1 indicates the 5,990 shares were withheld for taxes; F2 states the 62,264 RSUs are the annual non-employee director award under the company’s 2019 Incentive Award Plan; F3 notes Cornick Family Investor, LLC is controlled by Mr. Cornick and his spouse (they have dispositive and voting control over shares held by the LLC).
- Filing timeliness: Report period covers May 13, 2026 and the form was filed May 15, 2026 — appears to have been filed promptly.
Context
- This is primarily an equity award to a non-employee director (a common compensation practice) with a contemporaneous tax-withholding disposition; it is not an open-market purchase or a voluntary cash sale.
Insider Transaction Report
Form 4
CLARIVATE PLCCLVT
Cornick Kenneth L.
Director
Transactions
- Tax Payment
Ordinary Shares
[F1]2026-05-13$2.44/sh−5,990$14,616→ 39,774 total - Award
Ordinary Shares
[F2]2026-05-14+62,264→ 102,038 total
Holdings
- 1,100,000(indirect: By LLC)
Ordinary Shares
[F3]
Footnotes (3)
- [F1]Represents shares withheld for taxes.
- [F2]Annual non-employee director award of restricted share units granted pursuant to the Clarivate Plc Amended and Restated 2019 Incentive Award Plan.
- [F3]Cornick Family Investor, LLC is controlled by Mr. Cornick and his spouse, its managers, who have dispositive control and voting control over the shares held by Cornick Family Investor, LLC.
Signature
/s/ John Doulamis, Attorney-in-Fact|2026-05-15