Form 4: Clarivate Director Snyder Boosts Stake with Share Award

Clarivate PLC Director Andrew M. Snyder acquired 13,381 ordinary shares as part of his quarterly board compensation, while 419 shares were withheld for taxes.

Summary

• Andrew M. Snyder, a Director of Clarivate PLC, acquired 13,381 ordinary shares on September 30, 2025.
• This acquisition was a quarterly award of shares elected in lieu of a $51,250 cash retainer for services as a member of the Board of Directors.
• The shares were granted pursuant to the Clarivate Plc 2019 Incentive Award Plan.
• The number of shares was calculated by dividing the cash retainer by $3.83, the closing price of the issuer's ordinary shares on September 30, 2025.
• Concurrently, 419 shares were disposed of on September 30, 2025, to cover tax obligations.
• Following these transactions, Mr. Snyder directly beneficially owns 177,451 ordinary shares.
• Mr. Snyder also indirectly beneficially owns 8,821,984 ordinary shares through Cambridge Information Group Inc., 787,510 through Cambridge Information Group I LLC, 10,489,466 through Cambridge Information Group II LLC, 4,033,271 through Cambridge Information Group III LLC, 3,417 through CSA GP Corporation, and 238,500 through the Snyder 2011 Family Trust, disclaiming beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 7

Explanation: The filing indicates a routine compensation-related transaction where a director received shares in lieu of cash, slightly increasing their direct stake. This is generally positive for aligning interests but not a major market-moving event.

Positives

• Director Andrew M. Snyder increased his direct beneficial ownership in Clarivate PLC by a net of 12,962 ordinary shares (13,381 acquired 419 disposed).
• The acquisition of shares in lieu of a cash retainer aligns the director's financial interests more closely with those of long-term shareholders.

Negatives

• 419 shares were withheld for taxes, representing a minor reduction in the gross shares awarded.

Corporate Governance

Related Party Transactions

• Andrew M. Snyder indirectly beneficially owns 8,821,984 ordinary shares through Cambridge Information Group Inc., where he is Chief Executive Officer and a shareholder.
• Andrew M. Snyder indirectly beneficially owns 787,510 ordinary shares through Cambridge Information Group I LLC, which is managed by Cambridge Information Group Inc.
• Andrew M. Snyder indirectly beneficially owns 10,489,466 ordinary shares through Cambridge Information Group II LLC, which is managed by Cambridge Information Group Inc.
• Andrew M. Snyder indirectly beneficially owns 4,033,271 ordinary shares through Cambridge Information Group III LLC, which is managed by Cambridge Information Group Inc.
• Andrew M. Snyder indirectly beneficially owns 3,417 ordinary shares through CSA GP Corporation, a wholly owned subsidiary of Cambridge Information Group Inc.
• Andrew M. Snyder indirectly beneficially owns 238,500 ordinary shares through the Snyder 2011 Family Trust, where he serves as a trustee and is one of the beneficiaries. He disclaims beneficial ownership of these reported securities except to the extent of his pecuniary interest therein.

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with shareholders through equity compensation, potentially fostering a greater focus on long-term company performance.

Key Dates

Recommendation

This Form 4 details a routine compensation event where a director received shares in lieu of cash, slightly increasing their direct ownership. While it shows continued alignment of interests, it does not present new fundamental information about the company's performance or strategic direction that would warrant a change in investment recommendation. The transaction is expected and does not signal a significant positive or negative shift.

Keywords

Clarivate PLC, CLVT, Andrew M. Snyder, Director, Insider Transaction, Share Award, Equity Compensation, Form 4, Beneficial Ownership