Form 4: Clarivate PLC: Chief Legal Officer Melanie Margolin Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Melanie Margolin, Chief Legal Officer of Clarivate PLC, reports the disposal of 28,882 ordinary shares to cover tax obligations arising from the vesting of restricted share units on March 1, 2024.
Summary
- On March 1, 2024, Melanie Margolin, the Chief Legal Officer of Clarivate PLC, disposed of 28,882 ordinary shares.
- The shares were disposed of to cover tax obligations related to the vesting of restricted share units.
- The transaction was executed at a price of $7.14 per share.
- Following the transaction, Margolin directly owns 358,872 ordinary shares of Clarivate PLC.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the transaction (disposal of shares). |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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