Form 4: Clarivate PLC Executive Michael M. Easton Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Michael M. Easton, Senior VP, Finance/CAO of Clarivate PLC, reports acquisition and disposal of ordinary shares related to performance share units.
Summary
- On March 4, 2025, Michael M. Easton, Senior VP, Finance/CAO of Clarivate PLC, reported changes in beneficial ownership of the company's ordinary shares.
- Easton acquired 9,282 shares upon the vesting of performance share units granted in 2022, with the shares valued at $0.
- Concurrently, Easton disposed of 4,062 shares to cover tax liabilities associated with the vesting of the performance share units at a price of $4.15 per share.
- Following these transactions, Easton's direct ownership stands at 335,854 ordinary shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation. The vesting of performance share units suggests that performance targets were met, which is mildly positive.
Positives
- The vesting of performance share units indicates that performance conditions were met, which could be seen as a positive sign for the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to equity compensation.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 2022 | Performance share units were granted. |
| 03/04/2025 | Date of transaction: Acquisition and disposal of shares. |
| 03/06/2025 | Date of signature on the Form 4 filing. |
Keywords
Clarivate PLC, Michael M. Easton, Beneficial Ownership, Form 4, Performance Share Units, Ordinary Shares, Tax Liability, Vesting
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