Form 4: MultiPlan Corp Director Richard A. Clarke Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Richard A. Clarke reported a transaction involving MultiPlan Corp Class A common stock on April 24, 2024, resulting in a decrease in his direct holdings.
Summary
- On April 24, 2024, Richard A. Clarke, a director of MultiPlan Corp, reported a transaction involving Class A common stock.
- Clarke acquired 172,413 shares of Class A common stock at $0.
- Following the transaction, Clarke directly owns 320,082 shares of Class A common stock.
- The filing also mentions restricted stock units that vest on the earlier of the one-year anniversary of the grant date or the date of the next regularly scheduled annual meeting, subject to continued service.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company insider, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and 10% owners) of publicly traded companies, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- Shareholders may be interested in insider transactions as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of the stock transaction. |
| 04/26/2024 | Date of signature by attorney-in-fact. |
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