Form 4: Claritev Corp Executive Kozel Reports Stock Transactions
SEC Form 4 Filing
SVP, Chief Accounting Officer Gerald Kozel reports acquisition and disposal of Claritev Corp Class A common stock related to vesting of restricted stock units.
Summary
- Gerald Kozel, SVP, Chief Accounting Officer of Claritev Corp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On March 1, 2025, Kozel disposed of 185, 1,569, and 562 shares of Class A common stock at $20.99 per share to cover tax obligations related to vesting of restricted stock units granted in 2022, 2023 and 2024 respectively.
- Also on March 1, 2025, Kozel acquired 33,314 shares of Class A common stock through a grant of restricted stock units.
- Following these transactions, Kozel beneficially owns 57,889 shares of Class A common stock.
- The restricted stock units will vest at a rate of 25% per year on each of March 1, 2026, 2027, 2028, and 2029.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing reflects routine stock transactions related to executive compensation. There are no indications of unusual activity or concerns.
Positives
- The grant of 33,314 restricted stock units to a key executive suggests continued investment in the company's leadership.
Future Outlook
The executive's holdings will increase gradually as the restricted stock units vest over the next four years, starting March 1, 2026.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates standard compensation practices through restricted stock units.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Date of original grant of restricted stock units, part of which vested on 03/01/2025. |
| 03/01/2023 | Date of original grant of restricted stock units, part of which vested on 03/01/2025. |
| 03/01/2024 | Date of original grant of restricted stock units, part of which vested on 03/01/2025. |
| 03/01/2025 | Date of stock disposal for tax obligations and acquisition of new restricted stock units. |
| 03/04/2025 | Date of Form 4 filing. |
| 03/01/2026 | First vesting date (25%) for the newly granted restricted stock units. |
| 03/01/2027 | Second vesting date (25%) for the newly granted restricted stock units. |
| 03/01/2028 | Third vesting date (25%) for the newly granted restricted stock units. |
| 03/01/2029 | Final vesting date (25%) for the newly granted restricted stock units. |
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