Clarivate (CLVT) Director Kenneth Cornick Buys 900,000 Shares

What Happened Kenneth L. Cornick, a director of Clarivate plc (CLVT), acquired a total of 900,000 shares via open-market/private purchases on Aug 6–7, 2026. He bought 650,000 shares on Aug 6 at a reported weighted average price of $1.86 (≈ $1,209,000) and 250,000 shares on Aug 7 at $1.85 (≈ $462,500), for a combined cash outlay of about $1,671,500. These were purchases (code P), which are generally viewed by investors as a more informative/positive disclosure than routine sales.

Key Details

• Transaction dates and amounts:
  • 2026-08-06: 650,000 shares @ weighted avg $1.86 (≈ $1,209,000)
  • 2026-08-07: 250,000 shares @ weighted avg $1.85 (≈ $462,500)
• Footnote: reported prices are weighted averages; the range was $1.82–$1.87. Reporting person can provide breakdown by price on request.
• Ownership vehicle: shares are held (or reported) through Cornick Family Investor, LLC, which is controlled by Mr. Cornick and his spouse (they have dispositive and voting control).
• Shares owned after the transactions: not disclosed in the provided filing excerpt.
• Filing: Form 4 filed 2026-08-10 for transactions on Aug 6–7; this filing date appears timely under standard Form 4 reporting rules.

Context These are straightforward open-market purchases (code P) with no derivatives, option exercises, gifts, or tax-withholding mechanics reported. Purchases by directors can be interpreted by some retail investors as a sign of confidence, but filings do not state motives; treat this as factual disclosure rather than endorsement.