Form 4: Clarivate CEO Reports Share Acquisition and Tax Sale
Insider Transaction Report
Clarivate PLC CEO Matitiahu S. Shem Tov reported the acquisition of ordinary shares and a subsequent disposition for tax withholding.
Summary
- Matitiahu S. Shem Tov, CEO and Director of Clarivate PLC, reported transactions involving ordinary shares.
- On March 15, 2026, Mr. Shem Tov acquired 1,132,075 ordinary shares at a price of $0.00 per share, likely related to the vesting of restricted share units.
- Following this acquisition, his direct beneficial ownership increased to 2,463,886 ordinary shares.
- On the same date, March 15, 2026, Mr. Shem Tov disposed of 125,471 ordinary shares at a price of $2.57 per share.
- This disposition represents shares withheld for taxes due upon the vesting of restricted share units.
- After the disposition, his direct beneficial ownership stands at 2,338,415 ordinary shares.
- Additionally, Mr. Shem Tov indirectly beneficially owns 320,603 ordinary shares through IBI Trust Management.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine insider transaction related to the vesting of restricted share units and subsequent tax withholding, which is a common occurrence and generally neutral in sentiment.
Positives
- The acquisition of 1,132,075 ordinary shares, likely through RSU vesting, indicates the realization of long-term incentives for the CEO.
Negatives
- The disposition of 125,471 ordinary shares for tax withholding reduces the CEO's direct beneficial ownership.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transaction reports like this Form 4 are standard disclosures for publicly traded companies. The vesting of restricted share units and subsequent sale of shares for tax purposes is a common compensation practice across various industries, particularly for senior executives.
Stakeholder Impact
- Shareholders: The report provides transparency regarding executive compensation and share ownership, which is a standard disclosure for investors.
Key Dates
| Date | Description |
|---|---|
| 03/15/2026 | Date of reported share acquisition and disposition transactions. |
| 03/17/2026 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed and filed. |
Keywords
Clarivate PLC, CLVT, Matitiahu S. Shem Tov, Insider Transaction, Form 4, Share Acquisition, Share Disposition, Restricted Share Units, Tax Withholding
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