CLVT.NYSEClarivate PLC

Form 4: Clarivate Director Jane Okun Bomba Reports Share Acquisition and Disposal

Sentiment:

SEC Form 4 Filing


Director Jane Okun Bomba reports acquisition of shares in lieu of cash retainer and disposal of shares for tax obligations.

Summary

  • Jane Okun Bomba, a director of Clarivate PLC, reported a transaction on March 31, 2025.
  • She acquired 7,315 ordinary shares in lieu of a $28,750 cash retainer for her services as a board member.
  • The shares were granted under the Clarivate Plc 2019 Incentive Award Plan.
  • The price per share was $3.93, the closing price of Clarivate's ordinary shares on March 31, 2025.
  • She also disposed of 404 ordinary shares at $3.93 per share to cover tax obligations.
  • Following these transactions, Bomba directly owns 169,539 ordinary shares.
  • She also indirectly owns 49,750 ordinary shares through the Jane Okun Bomba Trust U/A DTD 12/20/2018.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing is a standard disclosure of insider transactions related to compensation and tax obligations, with no clear positive or negative implications for the company's performance.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Negatives

  • The disposal of shares to cover tax obligations is a neutral event and doesn't necessarily indicate a negative outlook.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Comparison to Industry Standards

  • Director compensation through equity is a common practice among publicly listed companies, aligning director interests with shareholder value.
  • The amount of shares awarded in lieu of cash retainer appears to be within the typical range for board member compensation at companies of similar size and industry.

Stakeholder Impact

  • The transactions have a minimal direct impact on stakeholders.
  • Shareholders may view the director's share acquisition as a sign of confidence.

Key Dates

DateDescription
12/20/2018Date of the Jane Okun Bomba Trust U/A
03/31/2025Date of share acquisition and disposal
04/02/2025Date of signature for the report

Keywords

Clarivate, Director, Share Acquisition, Share Disposal, Form 4, Beneficial Ownership, Jane Okun Bomba, Equity Securities

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