Kim Michael 4

What Happened Michael Kim, EVP and Chief Digital Officer of Claritev Corporation (CTEV), was granted/acquired 2,444 performance-based restricted stock units (PSUs) on 2026-02-18 at $0.00 per share (no cash paid at grant). The PSUs were earned after the Compensation Committee certified satisfaction of revenue-based performance criteria tied to a PSU award originally granted March 1, 2024. Based on the company's revenue for the two-year performance period ending 12/31/2025, the holder earned 67% of the originally awarded PSUs. These PSUs are expected to vest in Q1 2027, subject to continued employment.

Key Details

• Transaction date and type: 2026-02-18 — Grant/Award (code A) of 2,444 PSUs at $0.00 per unit.
• Report filed: 2026-02-20 (timely filing relative to the 2/18 transaction).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote summary: PSUs earned following Compensation Committee certification; performance condition based on total revenue for the two-year period ending 12/31/2025; participant earned 67% of the award. Award governed by the 2020 Omnibus Incentive Plan and the applicable PSU award agreement.
• No sale, purchase, or option exercise occurred — this is a compensation award.

Context PSUs are performance-based restricted stock units that convert to shares only if performance and service conditions are met; they are commonly used for executive compensation and reflect achieved company performance metrics rather than an insider buying or selling stock. Because this is an earned award (not a market purchase or sale), it should be viewed as compensation tied to company performance, not a direct trading signal.