Form 4: Clarivate PLC Director Andrew Snyder Reports Gift of Shares to Family Trust

Director Andrew Snyder reported a gift of 238,500 ordinary shares to the Snyder 2011 Family Trust on September 12, 2024.

Summary

• On September 12, 2024, Andrew Miles Snyder, a director of Clarivate PLC, reported a transaction involving the company's ordinary shares.
• Snyder gifted 238,500 ordinary shares to The Snyder 2011 Family Trust.
• Following the transaction, Snyder indirectly owns 238,500 shares through the trust.
• Snyder also indirectly owns shares through Cambridge Information Group Inc. and its related LLCs and CSA GP Corporation, but disclaims beneficial ownership except to the extent of his pecuniary interest.
• The reporting person has disclaimed beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction, and does not contain any information that would indicate a positive or negative sentiment.

Management Comments

• Andrew M. Snyder disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Industry Context

Form 4 filings are standard practice for company insiders (directors, officers, and principal stockholders) to report transactions in their company's stock to the SEC, ensuring transparency and preventing insider trading.

Related Party Transactions

• The gift of shares to The Snyder 2011 Family Trust constitutes a related party transaction.

Stakeholder Impact

• The transaction itself is unlikely to have a significant impact on stakeholders.
• The filing provides transparency regarding insider transactions, which can be beneficial for shareholders.

Key Dates