Form 4: Clarus Corp Director Nicolas Sokolow Reports Gift of Shares

Director Nicolas Sokolow reported a gift of Clarus Corp shares and changes in beneficial ownership through related entities.

Summary

• On June 21, 2024, Nicolas Sokolow, a director of Clarus Corp, reported a transaction involving a gift of 17,567 shares of common stock to ST Investors Fund, LLC.
• Following the transaction, Sokolow directly owns 52,881 shares.
• Sokolow also indirectly owns 411,811 shares through ST Investors Fund, LLC, 58,000 shares through Korsak Holdings, LLC, and 83,293 shares through Madetys Investments, LLC.
• Sokolow disclaims beneficial ownership of these indirectly held securities except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing regarding a change in share ownership. It doesn't convey any particularly positive or negative sentiment about the company's prospects.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, as required by the SEC. It doesn't necessarily indicate a change in the company's financial health or strategic direction.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership structure, but it is unlikely to be significant.

Key Dates