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

EVP and Chief Digital Officer of Claritev Corp, Michael Kim, reports disposing of shares to cover tax obligations related to vesting restricted stock units.

Summary

• On March 29, 2025, Michael Kim, the EVP and Chief Digital Officer of Claritev Corp, disposed of 63 shares of Class A common stock at a price of $20.77.
• This transaction was to cover tax obligations related to the vesting of restricted stock units.
• Following the transaction, Kim directly owns 95,929 shares of Claritev Corp.
• The transaction was reported on April 1, 2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing represents a routine transaction for tax purposes and doesn't indicate any strategic shift or concern regarding the company's performance.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in stock transactions by company insiders. This filing indicates a routine transaction related to tax obligations from vested stock units, which is a common practice among corporate executives.

Stakeholder Impact

• The transaction has minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.

Key Dates

Keywords

Form 4, Claritev Corp, CTEV, Michael Kim, Stock Disposal, Tax Obligations, Executive Compensation, Insider Trading