Dalton Travis 4
Research Summary
AI-generated summary
Claritev (CTEV) CEO Dalton Travis Buys 20,920 Shares
What Happened
- Dalton Travis, President, CEO & Executive Chair (also a director) of Claritev Corporation (CTEV), purchased a total of 20,920 shares on 2026-05-18 in open-market transactions (transaction code P).
- He bought 9,720 shares at a weighted average price of $12.92 (total ~$125,582) and 11,200 shares at a weighted average price of $11.88 (total ~$133,056). Combined purchase value ≈ $258,638.
- These were outright purchases (buying stock), which insiders often view as a more directly informative action than routine sales; the filing itself is factual and does not state motivations.
Key Details
- Transaction date: 2026-05-18; Form 4 filed: 2026-05-19 (timely filing).
- Prices: 9,720 shares at $12.92 (weighted avg; per footnote range $12.41–$13.02); 11,200 shares at $11.88 (weighted avg; per footnote range $11.58–$12.00).
- Total shares acquired: 20,920; total reported consideration: $258,638.
- Shares owned after transaction: not reported in the materials provided.
- Footnotes: Each reported price is a weighted average across multiple trades; the reporting person offers to provide a breakdown of the number of shares bought at each separate price upon request.
- No options, awards, gifts, or tax-withholding events reported in this filing; this was an open-market purchase (P).
Context
- Purchases by company officers are often watched by retail investors as a potential positive signal, but they do not guarantee future stock performance.
- This filing is a straightforward open-market purchase disclosure, not an exercise of options or a corporate award; no 10% owner status or late filing issue is indicated in the provided filing.