Form 4: Clarivate Director Andrew Snyder Increases Direct Shareholding Through Equity Award

Clarivate PLC Director Andrew Snyder acquired 11,918 ordinary shares as part of his quarterly board retainer, increasing his direct beneficial ownership to 164,489 shares after tax withholding.

Summary

• Andrew Miles Snyder, a Director of Clarivate PLC (CLVT), reported changes in his beneficial ownership of ordinary shares.
• On June 30, 2025, Mr. Snyder acquired 11,918 ordinary shares at a price of $4.30 per share.
• This acquisition was a quarterly award of shares elected in lieu of a cash retainer of $51,250 for his services as a Board of Directors member, granted under the Clarivate Plc 2019 Incentive Award Plan.
• Concurrently, 527 shares were disposed of at $4.30 per share to cover tax obligations.
• Following these transactions, Mr. Snyder's direct beneficial ownership stands at 164,489 ordinary shares.
• Mr. Snyder also holds significant indirect beneficial ownership through various entities: 8,821,984 shares via Cambridge Information Group Inc., 787,510 shares via Cambridge Information Group I LLC, 10,489,466 shares via Cambridge Information Group II LLC, 4,033,271 shares via Cambridge Information Group III LLC, 3,417 shares via CSA GP Corporation, and 238,500 shares via Snyder 2011 Family Trust.
• Mr. Snyder disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest therein.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, even as part of a compensation plan, generally indicates alignment of interests with shareholders, though the transaction is routine and not a discretionary open-market purchase.

Positives

• A director is increasing their direct shareholding, which can signal alignment of interests with shareholders.
• The acquisition of shares is part of a compensation plan, indicating a structured approach to executive and board remuneration that includes equity.

Negatives

• 527 shares were withheld for taxes, which is a standard procedure for equity awards but results in a minor reduction of shares.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing, as it primarily reports past insider transactions.

Industry Context

This Form 4 filing reflects a routine insider transaction, common across industries where board members receive equity as part of their compensation. It aligns with practices designed to align management and director interests with those of shareholders.

Corporate Governance

Stakeholder Impact

• Shareholders: The director's increased direct shareholding, even through a compensation award, can be viewed positively as it aligns the director's financial interests with the company's stock performance.

Key Dates

Recommendation

Keywords

Clarivate, CLVT, Form 4, Insider Transaction, Director Shareholding, Equity Award, Beneficial Ownership, Corporate Governance, Compensation Plan