Reynoso Jamie L. 4

What Happened

• Jamie L. Reynoso, Clover Health's Medicare Advantage CEO, had 12,712 shares of Class A common stock withheld on April 15, 2026 to cover tax obligations tied to RSU vesting. The withholding was at $2.04 per share for a total value of $25,932. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date and price: April 15, 2026; 12,712 shares at $2.04 per share (total $25,932).
• Filing date: Report filed April 16, 2026 (one day after the transaction) — appears timely.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Shares were automatically withheld to cover taxes on the vesting of 6.25% of RSUs originally granted October 15, 2024. Remaining RSUs vest quarterly (6.25% each) through October 15, 2028, subject to continued service.
• Transaction code meaning: F = tax withholding on vested equity (routine administrative disposition).

Context

• This is a routine tax-withholding action tied to RSU vesting, not a market sale that necessarily signals intent to reduce holdings. For insiders, withheld shares to cover taxes are common and typically neutral regarding sentiment.