Carol Nutter 4
Research Summary
AI-generated summary
Claritev (CTEV) SVP Carol Nutter Receives 18,130 RSUs
What Happened
Carol Nutter, Senior Vice President & Chief People Officer of Claritev (CTEV), received a grant of 18,130 restricted stock units (RSUs) on 2026-03-01. On the same date she had 2,812 shares withheld to cover taxes related to prior RSU vestings (1,229 @ $13.47 = $16,555; 498 @ $13.47 = $6,708; 1,085 @ $13.47 = $14,615; total cash value withheld = $37,878). In addition, 6,127 cash-settled restricted stock units (cRSUs) vested and were settled back to the issuer (reported as a disposition to the issuer).
Key Details
- Transaction date: 2026-03-01 (Form filed 2026-03-03).
- Grants/vests: 18,130 RSUs granted (no per-share price). These RSUs vest 25% per year on each of March 1, 2027–2030 (footnote F4).
- Tax withholding: 2,812 shares withheld across prior grants to satisfy tax obligations — 1,229 (F1), 498 (F2), 1,085 (F3) — all withheld at $13.47/share for total proceeds ~$37,878.
- cRSU settlement: 6,127 shares disposed to issuer (derivative/cash settlement) representing the cash settlement of 50% of cRSUs that vested on March 1, 2026 (footnote F5).
- Shares owned after the transactions: not specified in the provided filing.
- Filing timeliness: Form filed 2026-03-03 reporting 2026-03-01 transactions (no late-filing flag provided in the supplied data).
Context
- The principal item is an equity award (RSUs), which is not an open-market purchase or sale; award grants are typically part of compensation. The new 18,130 RSUs will vest over four years beginning in 2027.
- Tax-withholding by share surrender is routine when RSUs vest and does not indicate a classic insider sale for diversification — it simply satisfies tax obligations.
- The 6,127-share disposition is a cash settlement of vested cRSUs (not an open-market sale) and represents payout of vested units rather than a trading decision.