Dalton Travis 4
Research Summary
AI-generated summary
Claritev (CTEV) CEO Dalton Travis Buys 15,380 Shares
What Happened
Dalton Travis, President, CEO & Executive Chair (also a director) of Claritev Corporation (CTEV), acquired 15,380 shares on February 27, 2026 in an open-market purchase. The Form 4 reports a weighted-average price of $13.00 per share for a total reported value of $199,928. This was a purchase (insider buying), which many investors view as a more informative signal than insider selling.
Key Details
- Transaction date: 2026-02-27; Filing date: 2026-03-02 (filed within the two-business-day Form 4 deadline).
- Reported price: weighted average $13.00/share; footnote states purchases were executed at prices ranging $12.940–$13.000.
- Shares acquired: 15,380; total reported value: $199,928.
- Shares owned after transaction: not disclosed in the supplied filing summary.
- Footnote: the filing notes the $13.00 is a weighted average and offers to provide per-trade breakdowns on request.
Context
This was a straightforward open-market purchase (transaction code P = Purchase). The amount (~$200k) is a meaningful insider buy but not unusually large for executive purchases; the filing contains no indication of a 10b5-1 plan, award, exercise, gift, or tax-withholding event. The timely filing suggests no reporting delay.