Hogge Jerome 4
4 · Claritev Corp · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Claritev (CTEV) COO Jerome Hogge Receives 66,322 RSUs
What Happened Jerome Hogge, Chief Operating Officer of Claritev Corp (CTEV), received a grant of 66,322 restricted stock units (RSUs) on 2026-03-01 (acquisition reported at $0). To cover tax liabilities, 1,906 shares and 2,894 shares were withheld and disposed (both at $13.47/share), totaling $25,674 and $38,982 respectively (combined ~$64,656). Separately, 23,820 shares were disposed to the issuer as the cash settlement of cash‑settled RSUs (cRSUs) resulting from vesting (reported at $0).
Key Details
- Transaction date: 2026-03-01; Form 4 filed 2026-03-03 (timely filing).
- Tax-withheld dispositions: 1,906 shares @ $13.47 = $25,674; 2,894 shares @ $13.47 = $38,982 (total withheld = 4,800 shares; ~$64,656).
- Grant: 66,322 RSUs granted at $0.00 reported value.
- Derivative disposition: 23,820 shares disposed to issuer as cash settlement of cRSUs (reported $0).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1/F2 = shares withheld for taxes on RSU vesting (grants dated Mar 18, 2024 and Mar 1, 2025). F3 = the 66,322 RSUs vest 25% per year on Mar 1 of 2027–2030. F4 = the 23,820 disposition reflects cash settlement of 50% of cRSUs that vested Mar 1, 2026.
Context This was primarily an equity award and related routine tax-withholding/cash-settlement activity—not an open‑market sale or purchase. Withheld shares and the cash settlement are standard mechanisms to cover taxes or settle cRSUs; they do not necessarily signal a change in the insider’s market view. The newly granted RSUs vest over multiple years per the schedule noted above, so future vesting will be incremental.
Insider Transaction Report
- Tax Payment
Class A common stock
[F1]2026-03-01$13.47/sh−1,906$25,674→ 96,840 total - Tax Payment
Class A common stock
[F2]2026-03-01$13.47/sh−2,894$38,982→ 93,946 total - Award
Class A common stock
[F3]2026-03-01+66,322→ 160,268 total - Disposition to Issuer
Cash Settled Restricted Stock Units
[F4]2026-03-01−23,820→ 23,821 total→ Class A common stock (23,820 underlying)
Footnotes (4)
- [F1]Represents shares withheld to pay taxes applicable to vesting of restricted stock units granted on March 18, 2024.
- [F2]Represents shares withheld to pay taxes applicable to vesting of restricted stock units granted on March 1, 2025.
- [F3]Represents a grant of restricted stock units which will vest at a rate of 25% per year on each of March 1, 2027, 2028, 2029, and 2030.
- [F4]Represents the cash settlement of cash settled restricted stock units ("cRSUs") granted on March 1, 2025 as a result of the vesting of 50% of such cRSUs on March 1, 2026.