Claritev (CTEV) CFO Douglas Garis Withholds 11,711 Shares for Taxes

What Happened
Douglas Garis, EVP & CFO of Claritev Corp (CTEV), had 11,711 shares withheld to satisfy tax obligations related to vested restricted stock units. The withholding price was $26.13 per share, totaling approximately $306,008. This was a tax-withholding disposal (not an open-market sale).

Key Details

• Transaction date: 2026-08-05; Filing date (Form 4): 2026-08-07 (filed within the typical 2-business-day window).
• Shares withheld/disposed: 11,711 at $26.13 per share; total value ≈ $306,008.
• Transaction code: F — shares withheld to pay taxes on RSU vesting (see footnote F1).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• No 10b5-1 plan or sale on the open market is indicated in this transaction.

Context
Withholding shares to cover taxes on vested RSUs is a common, administrative action and should not be interpreted as a discretionary sale reflecting insider sentiment. The filing shows a routine tax-related disposition rather than a purchase or an open-market sale.