Kim Michael 4
Research Summary
AI-generated summary
Claritev (CTEV) EVP Kim Michael Buys 30,000 Shares
What Happened
- Kim Michael, Executive Vice President and Chief Digital Officer of Claritev Corporation (CTEV), purchased 30,000 shares in open-market transactions on February 27, 2026. The weighted average price reported was $14.30 per share, for a total reported outlay of $428,955. This was a purchase (accumulation) rather than a sale.
Key Details
- Transaction date: 2026-02-27 (reported on Form 4 filed 2026-03-02) — filing appears timely.
- Transaction type/code: Open market purchase (P).
- Price: Weighted average $14.30 per share; purchases occurred at prices ranging from $14.20 to $14.30 (footnote).
- Shares acquired: 30,000 shares; total value reported $428,955.
- Shares owned after transaction: Not disclosed in the information provided in this summary (not reported here).
- Notable footnote: The reported price is a weighted average; the filer says multiple purchases were made at $14.20–$14.30 and will provide a breakdown on request.
- No option exercise, award, gift, or tax-withholding indicated in this filing.
Context
- This was an open-market purchase—insider buys are often watched by investors as one signal of confidence, but they do not prove future performance. No 10b5-1 plan, option exercise, or immediate sale was indicated in the filing.