Form 4: Clarivate PLC Director Richard Roedel Reports Share Transactions
SEC Form 4 Filing
Director Richard Roedel reports acquisition of shares in lieu of cash retainer and shares withheld for taxes.
Summary
- Richard Roedel, a director of Clarivate PLC, reported transactions involving ordinary shares on September 30, 2024.
- He acquired 4,049 shares at $7.10 each in lieu of a $28,750 cash retainer for board service.
- Additionally, 183 shares were withheld for taxes at $7.10 each.
- Following these transactions, Roedel directly owns 102,282 ordinary shares and indirectly owns 4,090 shares through a profit-sharing plan and 39,395 shares through The Richard W. Roedel Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing share transactions, with neutral sentiment.
Positives
- The acquisition of shares in lieu of cash retainer demonstrates the director's alignment with the company's equity performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors monitor these filings to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to director compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of share acquisition and tax withholding. |
| 10/02/2024 | Date of signature on the Form 4 filing. |
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