Form 4: Clarivate Director Snyder Acquires 1.46M Shares

Clarivate PLC Director Andrew Miles Snyder acquired 1.46 million ordinary shares indirectly through Cambridge Information Group I LLC for approximately $4.86 million.

Summary

• Andrew Miles Snyder, a Director of Clarivate PLC, acquired 1,460,000 ordinary shares.
• The acquisition occurred on October 31, 2025.
• The shares were purchased at a weighted average price of $3.33 per share, with prices ranging from $3.25 to $3.40.
• The total value of the acquisition is approximately $4,861,800 (1,460,000 shares * $3.33/share).
• The acquisition was made indirectly through Cambridge Information Group I LLC.
• Following this transaction, Andrew Snyder's total indirect beneficial ownership across various entities (Cambridge Information Group I, II, III LLCs, Cambridge Information Group Inc., CSA GP Corporation, and Snyder 2011 Family Trust) amounts to 25,834,148 ordinary shares.
• Mr. Snyder disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Sentiment

Score: 8

Explanation: The substantial purchase of shares by a director indicates strong confidence in the company's prospects and potentially an undervalued stock price.

Positives

• A Director's significant share purchase (1.46 million shares) signals strong confidence in the company's future prospects.
• The substantial investment of approximately $4.86 million by a key insider suggests a belief that the current share price is undervalued.

Future Outlook

NA

Management Comments

• Mr. Snyder disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Industry Context

NA

Related Party Transactions

• The acquisition was made indirectly through Cambridge Information Group I LLC, an entity managed by Cambridge Information Group Inc., where Andrew M. Snyder is CEO and a shareholder. This constitutes a related party transaction in terms of beneficial ownership structure.
• Other indirect holdings are also through entities where Mr. Snyder has a controlling or beneficial interest (Cambridge Information Group II LLC, Cambridge Information Group III LLC, CSA GP Corporation, and Snyder 2011 Family Trust).

Stakeholder Impact

• Shareholders may view this significant insider purchase as a positive signal, potentially increasing investor confidence and demand for the stock.
• Employees and other stakeholders might interpret this as a sign of stability and positive future outlook from leadership.

Key Dates

Recommendation

The substantial purchase of 1.46 million shares by a director, Andrew Miles Snyder, at a weighted average price of $3.33, totaling approximately $4.86 million, is a very strong signal of insider confidence. Such significant insider buying often suggests that the director believes the company's stock is undervalued and expects positive future performance. This action by a key insider, who has deep knowledge of the company's operations and strategic direction, provides a compelling reason for investors to consider a 'strong buy' position.

Keywords

Clarivate PLC, CLVT, Andrew Miles Snyder, insider trading, share purchase, beneficial ownership, director, equity acquisition, Form 4, Cambridge Information Group