Hogge Jerome 4
Research Summary
AI-generated summary
Claritev (CTEV) COO Jerome Hogge Receives Award of 8,723 Shares
What Happened
Jerome Hogge, Chief Operating Officer of Claritev Corporation (CTEV), was awarded/acquired 8,723 performance-based restricted stock units (PSUs) on 2026-02-18 (reported on Form 4 filed 2026-02-20). The units are reported at $0.00 per share (total $0 on grant) and were earned after certification by the Compensation Committee based on revenue performance for the two-year period ending 12/31/2025. These PSUs will vest in the first quarter of 2027, subject to Hogge’s continued employment.
Key Details
- Transaction date: 2026-02-18; Grant/acquisition code: A; Price: $0.00 per share; Shares: 8,723.
- Report filed: 2026-02-20 (period of report: 2026-02-18). No late filing flag shown in the provided data.
- Shares owned after transaction: Not disclosed in the provided excerpt.
- Footnote: These are performance-based RSUs granted originally on March 1, 2024 under the 2020 Omnibus Incentive Plan. The PSUs were earned at 67% of target based on the Company’s revenue results for the two-year performance period, and they vest in Q1 2027 subject to continued employment.
- Practical note: This is an award/compensation event (not an open-market buy or sale). There are no immediate cash proceeds; eventual value will depend on Claritev’s future share price and vesting.