Form 4: Clarivate PLC Director Michael J. Angelakis Reports Share Disposal for Tax Obligations

Michael J. Angelakis, a director of Clarivate PLC, reported the disposal of 4,946 ordinary shares to cover tax obligations, while still holding a significant number of shares directly and indirectly.

Summary

• On May 6, 2025, Michael J. Angelakis, a director of Clarivate PLC, disposed of 4,946 ordinary shares to satisfy tax obligations.
• The transaction was executed at a price of $4.17 per share.
• Following the transaction, Mr. Angelakis directly owns 51,148 ordinary shares.
• He also indirectly owns 15,724,847 ordinary shares through Atairos Strategic Partners, L.P. and A-PQ Holdings.
• Mr. Angelakis disclaims beneficial ownership of the indirectly held securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a share disposal for tax purposes, which is neither particularly positive nor negative.

Management Comments

• Mr. Angelakis 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 reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Key Dates

Keywords

Clarivate PLC, Michael J. Angelakis, Director, Share Disposal, Form 4, Beneficial Ownership, Tax Obligations, CLVT, Atairos Strategic Partners, A-PQ Holdings