Carol Nutter 4
Research Summary
AI-generated summary
Claritev (CTEV) SVP Carol Nutter Receives Award of 1,884 PSUs
What Happened
Carol Nutter, SVP and Chief People Officer of Claritev Corporation (CTEV), was granted 1,884 performance-based restricted stock units (PSUs) on 2026-02-18. The Form 4 reports the acquisition price as $0.00 (a compensatory award). These PSUs were certified as earned by the Compensation Committee based on revenue performance and will vest in the first quarter of 2027, subject to continued employment.
Key Details
- Transaction date: 2026-02-18 (Form filed 2026-02-20).
- Grant details: 1,884 PSUs, acquisition price $0.00 (total reported value $0 at grant).
- Vesting: PSUs will vest in Q1 2027, contingent on continued employment.
- Performance basis: PSUs were earned after certification under a March 1, 2024 award (2020 Omnibus Incentive Plan) based on Claritev’s revenue for the two-year period ending 12/31/2025; the company’s result yielded 67% of target award.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing timeliness: Filed two days after the transaction date (appears timely under typical 2-business-day Form 4 rules).
Context
These are performance-based compensation awards (not a market purchase or sale). Such grants are common for executives and reflect formulaic payout based on company performance and continued service; they should not be read as a direct buy/sell signal by the insider.