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 39,788 ordinary shares to cover tax obligations arising from vesting restricted share units.
Summary
- On May 1, 2025, Henry Levy, President of LS&H at Clarivate PLC, disposed of 39,788 ordinary shares.
- The disposal was to cover tax obligations related to the vesting of restricted share units.
- The shares were sold at a price of $4.29 per share.
- Following the transaction, Levy directly owns 750,666 ordinary shares of Clarivate PLC.
Sentiment
Score: 6
Explanation: The document is a routine filing related to share disposal for tax purposes, which is neither particularly positive nor negative. It's a neutral event in the context of investment analysis.
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 shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of share disposal transaction. |
| 05/02/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Clarivate PLC, Henry Levy, Form 4, Share Disposal, Restricted Share Units, Tax Obligations, Beneficial Ownership, CLVT
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