Form 4: Claritev Corp Executive Tiffani Misencik Reports Stock and RSU Grants

Tiffani Misencik, SVP and Chief Growth Officer of Claritev Corp, reports the acquisition of restricted stock units and Class A common stock.

Summary

• On March 1, 2025, Tiffani Misencik, SVP, Chief Growth Officer of Claritev Corp, acquired 20,247 shares of Class A common stock.
• Misencik also acquired 20,247 cash-settled restricted stock units (cRSUs).
• The cRSUs vest 50% per year on March 1, 2026, and March 1, 2027.
• Each cRSU is economically equivalent to a share of Class A common stock and will be settled in cash based on the fair market value at settlement, capped at 4x the FMV on the grant date if settled before a change in control.
• Following the reported transactions, Misencik directly owns 115,575 shares of Class A common stock and 20,247 cRSUs.

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices, which are generally viewed neutrally to positively as they align executive interests with shareholder value. The vesting schedule suggests a long-term commitment.

Positives

• The grant of stock and RSUs to a key executive aligns their interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the executive.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedules of the granted securities.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the compensation structure for a key executive at Claritev Corp.

Comparison to Industry Standards

• Equity compensation is a common practice among publicly traded companies to incentivize executives.
• The vesting schedule of the RSUs is typical, aligning with industry standards for retention and performance incentives.
• The cash settlement of RSUs is a common alternative to issuing shares directly, particularly in situations where dilution is a concern or the company wants to manage its share count.

Stakeholder Impact

• Shareholders: The grant of equity aligns executive interests with shareholder value.
• Employees: The compensation structure for executives can influence overall employee morale and perceptions of fairness.

Key Dates