Misencik Tiffani 4
Research Summary
AI-generated summary
Claritev (CTEV) SVP Tiffani Misencik Receives RSU Award, Sells 1,660
What Happened
- Tiffani Misencik, SVP and Chief Growth Officer of Claritev Corp (CTEV), received a grant of 26,342 restricted stock units (RSUs) on March 1, 2026. On the same date 10,123 cash-settled RSUs (cRSUs) were paid out to her (disposition to issuer), and 1,660 shares were withheld/sold to cover taxes at $13.47 per share, generating $22,360. The net effect is an award/grant event combined with routine tax withholding and a cash settlement of vested cRSUs—not an open-market purchase or speculative sale.
Key Details
- Transaction dates: March 1, 2026; Form 4 filed March 3, 2026.
- Tax-withholding sale: 1,660 shares sold/withheld at $13.47 each for $22,360 (code F — tax withholding).
- Grant: 26,342 RSUs awarded (code A) at $0.00 issue price.
- Cash settlement: 10,123 shares disposed to issuer (code D) — represents cash settlement of vested cRSUs.
- Vesting schedule note: The newly granted RSUs vest 25% per year on March 1 of 2027, 2028, 2029 and 2030 (footnote). The cRSU payout reflects vesting of 50% of those cRSUs granted March 1, 2025.
- Shares owned after transaction: not specified in the information provided.
- Filing timeliness: report filed March 3, 2026 covering transactions on March 1, 2026; no late-filing flag indicated in the provided filing.
Context
- This filing mainly reflects an equity award and routine administrative actions: an RSU grant (long-term compensation), cash settlement of vested cash-settled RSUs, and share withholding/sale to cover taxes. Tax-withholding sales and cash settlements are common when RSUs vest and do not necessarily signal the insider’s view of the company’s prospects.