Form 4: Clarivate PLC Director Roedel Reports Share Transactions
SEC Form 4 Filing
Director Richard Roedel reports acquisition and disposal of Clarivate PLC ordinary shares related to director compensation and tax withholdings.
Summary
- Richard Roedel, a director of Clarivate PLC, reported several transactions involving the company's ordinary shares.
- On December 31, 2024, Roedel acquired 5,689 shares at $5.08 per share as a quarterly award in lieu of a cash retainer for his services as a board member.
- Also on December 31, 2024, 257 shares were disposed of at $5.08 per share for tax withholdings.
- On January 1, 2025, 1,069 shares were disposed of at $5.08 per share for tax withholdings upon the vesting of restricted share units.
- Following these transactions, Roedel directly owns 106,645 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 neutral report of share transactions. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Future Outlook
There is no specific future outlook provided in this document.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their holdings in the company.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring transparency and compliance with SEC regulations.
- The transactions reported are typical for directors receiving stock-based compensation and managing their tax obligations.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine compensation and tax-related activities of a company director.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Acquisition of 5,689 shares as quarterly award in lieu of cash retainer. |
| 12/31/2024 | Disposal of 257 shares for tax withholdings. |
| 01/01/2025 | Disposal of 1,069 shares for tax withholdings upon vesting of restricted share units. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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