Form 4: Clarivate Director Snyder Acquires Shares

Andrew Snyder, a Director at Clarivate PLC, acquired 20,256 ordinary shares through a quarterly award in lieu of cash compensation.

Summary

• Andrew Snyder, a Director of Clarivate PLC, acquired 20,256 ordinary shares on March 31, 2026.
• This acquisition was part of a quarterly award granted under the Clarivate Plc Amended and Restated 2019 Incentive Award Plan, elected in lieu of a cash retainer of $51,250.
• The shares were valued at $2.53 per share, based on the closing price on the transaction date.
• Additionally, 1,292 shares were withheld for tax purposes.
• Following these transactions, Snyder's beneficial ownership includes direct and indirect holdings through various Cambridge Information Group entities and the Snyder 2011 Family Trust.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine director compensation transaction rather than significant financial or strategic news.

Positives

• Director compensation awarded in shares aligns management's interests with shareholders.
• The use of a 10b5-1 plan (indicated by the checkbox) suggests a pre-planned, systematic approach to share transactions.
• The company is utilizing its incentive award plan to compensate directors.

Negatives

• 1,292 shares were withheld for taxes, representing a reduction in the net shares received by the director.

Risks

• The filing does not explicitly detail risks associated with the company's operations or financial performance, as it is a Form 4 reporting a director's share transaction.

Future Outlook

This filing is a Form 4 and does not contain forward-looking statements or guidance regarding the company's future financial performance or strategic direction.

Industry Context

StockSavvy.ai notes that the use of share-based compensation for directors is a common practice across the technology and information services sectors, aiming to align executive and director incentives with long-term shareholder value creation. Clarivate PLC's approach aligns with this industry trend.

Related Party Transactions

• Andrew M. Snyder is the Chief Executive Officer of and a shareholder in Cambridge Information Group Inc. ('CIG'), which acts as manager of Cambridge Information Group I LLC, Cambridge Information Group II LLC and Cambridge Information Group III LLC. CSA GP Corporation is a wholly owned subsidiary of CIG. Mr. Snyder disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
• Andrew M. Snyder serves as a trustee and is one of the beneficiaries of the Snyder 2011 Family Trust. Mr. Snyder disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Stakeholder Impact

• Shareholders: The award of shares to a director aligns incentives, potentially benefiting long-term shareholder value.
• Employees: This filing does not directly impact employees, but reflects the company's compensation structure for its board.

Key Dates

Keywords

Clarivate PLC, CLVT, Form 4, Director, Share Acquisition, Incentive Award Plan, Beneficial Ownership, Andrew Snyder, SEC Filing