CLOVER HEALTH INVESTMENTS, CORP. /DE·4

Mar 17, 4:27 PM ET

Wai Conrad 4

4 · CLOVER HEALTH INVESTMENTS, CORP. /DE · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Clover Health (CLOV) CEO Wai Conrad Withholds 100,195 Shares for Taxes

What Happened

  • Wai Conrad, CEO (Counterpart Health), had 100,195 shares of Clover Health Class A Common Stock withheld to satisfy tax obligations upon the vesting of time‑based RSUs. The withholding was recorded at $1.98 per share for a total value of $198,386. This was a tax‑withholding disposition (transaction code F), not an open‑market sale.

Key Details

  • Transaction date: 2026-03-14; filing date: 2026-03-17 (timely).
  • Price used for withholding: $1.98 per share.
  • Shares withheld/disposed: 100,195; total value reported: $198,386.
  • Footnote: The shares represented the automatic withholding to cover taxes on the final 6.25% of the RSUs originally granted on March 14, 2022.
  • Footnote: Some shares are held in a family trust for which the reporting person is a co‑trustee.
  • Remaining shares owned after the transaction: not specified in the Form 4 filing.

Context

  • This was a routine tax‑withholding event tied to RSU vesting (a form of A/Award disposition), not a buy or open‑market sale—such withholdings are common when restricted stock units vest and do not necessarily signal a change in the insider’s view of the company.

Insider Transaction Report

Form 4
Period: 2026-03-14
Wai Conrad
CEO, Counterpart Health
Transactions
  • Tax Payment

    Class A Common Stock

    [F1]
    2026-03-14$1.98/sh100,195$198,386925,611 total
Holdings
  • Class A Common Stock

    [F2]
    (indirect: By Trust)
    1,610,482
Footnotes (2)
  • [F1]Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations upon the vesting, on March 14, 2026, of the final 6.25% of the original number of time-based restricted stock units ("RSUs") granted to the Reporting Person on March 14, 2022.
  • [F2]Shares held in trust for the benefit of the Reporting Person's family, of which the Reporting Person is a co-trustee.
Signature
/s/ Peter J. Rivas as attorney-in-fact for Conrad Wai|2026-03-17

Documents

1 file
  • 4
    wk-form4_1773779231.xmlPrimary

    FORM 4