Form 4: Claritev Corp Executive Kozel Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Form 4 Filing


Gerald Kozel, SVP and Chief Accounting Officer of Claritev Corp, disposed of 74 shares of Class A common stock to cover tax obligations related to vesting restricted stock units on March 29, 2025.

Summary

  • On March 29, 2025, Gerald Kozel, the SVP and Chief Accounting Officer of Claritev Corp, reported a transaction involving Class A common stock.
  • Kozel disposed of 74 shares to cover tax obligations related to the vesting of restricted stock units.
  • The shares were disposed of at a price of $20.77 per share.
  • Following the transaction, Kozel beneficially owns 57,815 shares of Claritev Corp.
  • The transaction was reported on April 1, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transaction by a company executive for tax purposes. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.

Comparison to Industry Standards

  • Form 4 filings are a standard regulatory requirement for publicly traded companies in the United States, ensuring transparency in insider trading activities.
  • Similar filings are required for executives at companies like Apple (AAPL), Microsoft (MSFT), and Amazon (AMZN) when they engage in transactions involving their company's stock.
  • The specifics of the transactions, such as the number of shares and the reasons for disposal (e.g., tax obligations), are unique to each individual and company.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it involves a small number of shares and is related to tax obligations.

Key Dates

DateDescription
03/29/2025Date of transaction: Disposal of shares to cover tax obligations.
04/01/2025Date of report filing.

Keywords

Form 4, Claritev Corp, CTEV, Gerald Kozel, Stock Disposal, Tax Obligations, Insider Trading, SVP, Chief Accounting Officer, Restricted Stock Units

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