Form 4: Claritev Director Transfers Shares to Personal Trust
Insider Transaction Report
Claritev Corp Director Dale A. White transferred 201,652 Class A common shares from direct ownership to a revocable trust.
Summary
- Dale A. White, a Director of Claritev Corp (CTEV), executed a transfer of 201,652 shares of Class A common stock on August 21, 2025.
- The shares were transferred from Mr. White's direct ownership to a revocable trust established by him, where he and his spouse serve as joint trustees.
- The transaction, coded 'G' for gift, grant, award, or transfer, occurred at a price of $0 per share.
- Following this transaction, Mr. White directly holds 160,080 shares and indirectly holds 201,652 shares through the trust.
- The total beneficial ownership of Mr. White in Claritev Corp remains unchanged; only the form of ownership has been modified.
Sentiment
Score: 5
Explanation: This filing reports a routine administrative transfer of shares by an insider to a personal trust, which typically has no direct positive or negative implications for the company's operations or financial performance.
Industry Context
This administrative transfer of shares by an insider to a personal trust is a common practice for estate planning or asset management and does not typically reflect broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal to no direct impact, as the total beneficial ownership of the director remains the same, only the legal form of holding has changed.
- Employees, Customers, Suppliers, Creditors: No discernible impact from this administrative transaction.
Key Dates
| Date | Description |
|---|---|
| 08/21/2025 | Date of transaction: transfer of Class A common stock. |
| 08/25/2025 | Date of Form 4 filing. |
Keywords
Claritev Corp, CTEV, Dale A. White, Director, Insider Transaction, Form 4, Stock Transfer, Beneficial Ownership, Revocable Trust
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