Form 4: Clarivate PLC Executive Henry Levy Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Henry Levy, President of LS&H at Clarivate PLC, disposed of 16,948 ordinary shares on March 1, 2024, to cover tax obligations arising from vesting restricted share units.
Summary
- On March 1, 2024, Henry Levy, President, LS&H of Clarivate PLC, disposed of 16,948 ordinary shares.
- The transaction was executed to cover tax obligations related to the vesting of restricted share units.
- The shares were disposed of at a price of $7.14 per share.
- Following the transaction, Levy directly owns 323,187 ordinary shares of Clarivate PLC.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the transaction where 16,948 ordinary shares were disposed of. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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