Clover Health CEO Jamie Reynoso Sells Shares to Cover Taxes

What Happened
Jamie L. Reynoso, CEO (Medicare Advantage) of Clover Health Investments (CLOV), had a total of 15,132 shares of Class A common stock disposed (withheld) to cover tax obligations upon the vesting of restricted stock units (RSUs). On March 14, 2026, 8,945 shares were withheld at $1.98 each ($17,711), and on March 15, 2026, 6,187 shares were withheld at $1.98 each ($12,250). This is a routine tax-withholding disposition tied to RSU vesting, not an open-market sale for investment purposes.

Key Details

• Transaction dates and prices: 3/14/2026 — 8,945 shares @ $1.98; 3/15/2026 — 6,187 shares @ $1.98.
• Total shares withheld/disposed: 15,132 shares; total value ≈ $29,961.
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — 8,945 shares withheld to cover taxes on final 6.25% of RSUs granted 3/14/2022 (vested 3/14/2026). F2 — 6,187 shares withheld to cover taxes on 6.25% of RSUs granted 9/16/2022 (vested 3/15/2026); remaining RSUs vest quarterly through 9/15/2026, subject to continued service.
• Filing date: Form 4 filed 3/17/2026 reporting the 3/14–3/15 transactions; no late filing flag noted in the report.

Context
These transactions are tax-withholding dispositions that occur automatically when RSUs vest (sometimes called a cashless/withholding settlement). They are routine and reflect tax obligations rather than a discretionary sale that signals the insider’s view of the stock.