Form 4: Clarivate PLC Executive Jonathan Mark Collins Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive Vice President/CFO Jonathan Mark Collins reports a transfer of shares due to a divorce settlement and acquisition of shares.
Summary
- On March 12, 2024, Jonathan Mark Collins, Executive Vice President/CFO of Clarivate PLC, transferred 29,054 ordinary shares to his former spouse as part of a divorce settlement.
- The transfer was for no consideration ($0).
- Following this transaction, Collins directly owned 223,825 ordinary shares.
- On March 15, 2024, Collins acquired 177,053 ordinary shares for no consideration ($0).
- Following this acquisition, Collins directly owned 400,878 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a neutral report of transactions. The divorce settlement is a personal matter and the acquisition of shares does not indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company executive, which is a common occurrence in publicly traded companies.
Related Party Transactions
- The transfer of shares to the former spouse constitutes a related party transaction due to the prior marital relationship.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Transfer of 29,054 shares due to divorce settlement. |
| 03/15/2024 | Acquisition of 177,053 shares. |
| 03/19/2024 | Date of signature by attorney-in-fact. |
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