Form 4: MultiPlan Executive Sells Shares
Insider Transaction (Form 4)
Douglas Michael Garis, EVP&CFO of MultiPlan Corp, sold 9,025 shares of common stock on September 21, 2026.
Summary
- Open-market sale: disposed of 7,877 Class A common stock at $30.50 ($240,265) on September 21, 2026; holds 186,564 after (Direct).
- Open-market sale: disposed of 1,148 Class A common stock at $31.19 ($35,810) on September 21, 2026; holds 185,416 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $276,075 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Douglas Michael Garis — Officer (EVP&CFO)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-21 | Open-market sale | Class A common stock | 7,877 | $31 | $240.3K | 186,564 |
| 2026-09-21 | Open-market sale | Class A common stock | 1,148 | $31 | $35.8K | 185,416 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-21 | Open-market sale (7,877 shares) |
| 2026-09-21 | Open-market sale (1,148 shares) |
Keywords
insider transaction, Form 4, CTEV, Claritev Corp, bearish, Douglas Michael Garis
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.