Kim Michael 4
Research Summary
AI-generated summary
Claritev (CTEV) EVP Michael Kim Buys 15,000 Shares
What Happened
- Michael Kim, EVP & Chief Digital Officer of Claritev Corp (CTEV), reported a purchase of 15,000 shares on 2026-03-12 at $16.50 per share. The transaction value was $247,500. The Form 4 records this as a purchase (code P), described in the filing as an open-market or private purchase — a buy is generally viewed as a more informative insider action than a sale.
Key Details
- Transaction date: 2026-03-12
- Price per share: $16.50; Shares acquired: 15,000; Total value: $247,500
- Transaction code: P (Purchase)
- Filing date / Accession: Form 4 filed 2026-03-16 (Accession 0001828369-26-000012) — filing appears timely under the two-business-day rule
- Shares owned after transaction: Not specified in the summary provided here — see the full Form 4 for post-transaction beneficial ownership
- Footnotes/plan: No 10b5-1 plan, tax withholding, or other special footnotes were provided in the summary you supplied; check the full filing for any disclosures
Context
- Insider purchases can indicate confidence by management but are not proof of future performance; they should be considered alongside company fundamentals and other information.
- This was a straightforward purchase (no option exercise, award, or immediate sale reported). For complete context (e.g., whether the shares were purchased open market vs. in a private placement, or exact post-transaction holdings), review the full Form 4 filing on the SEC EDGAR site.