Form 4: Clarivate PLC Director Pritchett Reports Share Transactions
SEC Form 4 Filing
Director Wendell E. Pritchett reports disposition of shares for tax purposes and acquisition of restricted share units in Clarivate PLC.
Summary
- On May 6, 2025, Wendell E. Pritchett, a director of Clarivate PLC, disposed of 9,497 ordinary shares at a price of $4.17 per share to cover tax obligations.
- Following this transaction, Pritchett directly owns 62,338 ordinary shares.
- On May 7, 2025, Pritchett acquired 39,473 restricted share units as part of an annual non-employee director award under the Clarivate Plc 2019 Incentive Award Plan.
- Following this transaction, Pritchett directly owns 101,811 ordinary shares.
- The transactions were reported on May 8, 2025, by John Doulamis, Attorney-in-Fact.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing reports routine transactions (tax withholding and director compensation) without indicating significant positive or negative developments.
Positives
- The acquisition of 39,473 restricted share units demonstrates continued alignment of the director's interests with the company's long-term performance.
Industry Context
Form 4 filings are standard practice for reporting insider transactions, providing transparency to investors regarding the buying and selling activities of company insiders.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding director's share ownership.
Key Dates
| Date | Description |
|---|---|
| 05/06/2025 | Disposition of 9,497 ordinary shares for tax purposes. |
| 05/07/2025 | Acquisition of 39,473 restricted share units as director award. |
| 05/08/2025 | Date of Form 4 filing. |
Keywords
Clarivate PLC, Director, Share Transactions, Form 4, Restricted Share Units, Beneficial Ownership
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