Form 4: ClaritEv Corp Director Dale A. White Reports Tax-Related Stock Disposals
SEC Form 4 Filing
Director Dale A. White reports disposals of ClaritEv Corp Class A common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On March 1, 2025, Dale A. White, a director of ClaritEv Corp, reported the disposal of Class A common stock.
- The disposals were related to tax obligations arising from the vesting of restricted stock units granted on March 1, 2022, March 1, 2023, and March 1, 2024.
- A total of 2,249 shares, 18,792 shares, and 7,618 shares were disposed of at a price of $20.99 per share.
- Following these transactions, White's beneficial ownership of Class A common stock decreased from 388,896 to 362,486 shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common when restricted stock units vest.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely to be minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Date of restricted stock units grant related to the first disposal. |
| 03/01/2023 | Date of restricted stock units grant related to the second disposal. |
| 03/01/2024 | Date of restricted stock units grant related to the third disposal. |
| 03/01/2025 | Date of stock disposal for tax obligations. |
| 03/04/2025 | Date of Form 4 filing. |
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