Form 4: Clarivate Director Wendell Pritchett Reports Stock Activity
Statement of Changes in Beneficial Ownership
Director Wendell Pritchett acquired 62,264 restricted share units and disposed of 3,367 shares for tax withholding purposes.
Summary
- Director Wendell Pritchett received an annual non-employee director award of 62,264 restricted share units on May 14, 2026.
- On May 13, 2026, 3,367 shares were withheld by the company to satisfy tax obligations related to equity vesting.
- Following these transactions, the director's total beneficial ownership in Clarivate Plc stands at 160,708 ordinary shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard director compensation and tax compliance.
Positives
- Director maintains a significant equity stake of 160,708 shares, aligning interests with shareholders.
Negatives
- None identified; the transactions are routine administrative actions related to compensation and tax withholding.
Risks
- None identified; this is a standard regulatory disclosure of director equity movement.
Future Outlook
Not applicable; this is a retrospective disclosure of director equity transactions.
Management Comments
- The transactions were executed pursuant to the Clarivate Plc Amended and Restated 2019 Incentive Award Plan.
Industry Context
StockSavvy.ai notes that routine equity grants to non-employee directors are standard corporate governance practices intended to incentivize long-term board oversight and alignment with shareholder value.
Comparison to Industry Standards
- The grant of restricted share units as part of annual director compensation is consistent with standard practices for publicly traded companies of similar market capitalization.
- Tax withholding upon the vesting of equity awards is a standard administrative procedure in the U.S. equity markets.
Stakeholder Impact
- Minimal impact; the transactions represent standard director compensation and do not signal a change in company strategy or financial health.
Next Steps
- No further actions required by the reporting person regarding this specific filing.
Key Dates
| Date | Description |
|---|---|
| 05/13/2026 | Transaction date for tax withholding of 3,367 shares. |
| 05/14/2026 | Transaction date for the grant of 62,264 restricted share units. |
| 05/15/2026 | Date of filing. |
Keywords
Clarivate, CLVT, Form 4, Insider Trading, Director Compensation, Equity Award
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