4Accepted Oct 5, 7:00 PM ET
Clover Health Investments, Corp.: CEO Jamie L. Reynoso sold 8,750 shares
Accepted (ET)
7:00 PM
Oct 5, 2026
Filed
Oct 5, 2026
Documents
1
Size
5.8 KB
Summary
Clover Health Investments, Corp.: CEO Jamie L. Reynoso sold 8,750 shares
What happened Jamie L. Reynoso, CEO (Medicare Advantage), sold 8,750 shares of Class A common stock in an open market or private sale on Oct 5, 2026, at $4.42 per share for $38,675. The Form 4 lists the transaction as a sale (Code S).
Key details
- Transaction date and price: Oct 5, 2026 — 8,750 shares sold at $4.42 per share (total $38,675).
- Shares owned after the transaction: not reported in this filing.
- Footnote F1: the sales represent shares required to be sold to cover tax withholding for the quarterly vesting of 6.25% of restricted stock units (RSUs) that vested on Oct 3, 2026. The RSUs were granted on Jan 3, 2023, with final vesting on Jan 3, 2027; the sales were mandated by the issuer's election to satisfy tax withholding via a "sell to cover" and are not discretionary trades by the reporting person.
- Filing date: filed on Oct 5, 2026; no late filing indicated in the Form 4.
Why it may matter
- The filing indicates this was a sell to cover tax withholding tied to RSU vesting, not a discretionary open-market sale.
- This filing does not show why the insider traded or why the company acted.