Form 4: Clarivate PLC Director Andrew Snyder Reports Changes in Beneficial Ownership

Director Andrew Snyder reports acquisition and disposal of Clarivate PLC ordinary shares due to tax withholding and a non-employee director award.

Summary

• Andrew Snyder, a director of Clarivate PLC, filed a Form 4 detailing changes in his beneficial ownership of the company's ordinary shares.
• On May 6, 2025, 1,732 shares were disposed of to cover tax obligations at a price of $4.17 per share.
• On May 7, 2025, Snyder acquired 39,473 restricted share units as part of an annual non-employee director award under the 2019 Incentive Award Plan.
• Following these transactions, Snyder directly owns 153,098 ordinary shares.
• Snyder also has indirect beneficial ownership through various entities including Cambridge Information Group Inc. and the Snyder 2011 Family Trust, but disclaims beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to tax obligations and director compensation. There is no indication of significant positive or negative sentiment.

Positives

• The acquisition of 39,473 restricted share units demonstrates continued alignment of the director's interests with the company's performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, allowing investors to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they are related to routine tax obligations and director compensation.

Key Dates

Keywords

Clarivate PLC, Andrew Snyder, beneficial ownership, Form 4, director, ordinary shares, restricted share units, Cambridge Information Group, Snyder 2011 Family Trust