4Filed Jun 17, 8:00 PM ET
Clover Health (CLOV) CEO Jamie L. Reynoso Sells 2,360 Shares
$CLOV · CLOVER HEALTH INVESTMENTS, CORP. /DEResearch Summary
AI-generated summary of this SEC filing
Clover Health (CLOV) CEO Jamie L. Reynoso Sells 2,360 Shares
What Happened
Jamie L. Reynoso, CEO (Medicare Advantage) of Clover Health Investments, sold 2,360 shares on 2026-06-17 in an open-market disposition. The weighted average sale price reported was $4.78 per share, for total proceeds of approximately $11,281. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-06-17 (reported on Form 4 filed 2026-06-18). Filing appears timely.
- Transaction type/code: Sale (S) — open market or private sale.
- Shares sold: 2,360; weighted average price: $4.78; total proceeds ≈ $11,281.
- Price range: shares were sold in multiple transactions at prices from $4.73 to $4.87 (inclusive).
- Footnote: The sale was made under a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2026. The filer can provide a breakdown of shares sold at each separate price upon request.
- Shares owned after transaction: not provided in the supplied data.
Context
A sale under a 10b5-1 plan is typically a preplanned transaction and does not necessarily reflect the insider’s current view of the company. For retail investors, purchases are often viewed as stronger signals than routine sales; this filing documents a routine, planned disposition.