Dalton Travis 4
4 · Claritev Corp · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Claritev (CTEV) CEO Dalton Travis Receives RSU Award
What Happened
Dalton Travis, President, CEO & Executive Chair of Claritev (CTEV), received a grant of 278,925 restricted stock units (RSUs) on March 1, 2026 (recorded at $0.00 per share on the Form 4). On the same date, shares were surrendered/withheld to cover tax liabilities and to settle cash‑settled RSUs: 13,806 shares and 9,824 shares were withheld at $13.47 each (totaling $185,967 and $132,329, respectively), and 190,566 shares were surrendered to the issuer in connection with a cash settlement of cRSUs (reported at $0.00).
Key Details
- Transaction date: March 1, 2026; filing date (Form 4): March 3, 2026 (appears timely).
- Grant: 278,925 RSUs (reported at $0.00 per share). Footnote: these RSUs vest 25% per year on each of March 1, 2027, 2028, 2029 and 2030.
- Tax withholding: 13,806 shares withheld to satisfy taxes on RSUs granted Mar 1, 2024; 9,824 shares withheld for RSUs granted Mar 1, 2025; withholding price shown $13.47 per share (values $185,967 and $132,329).
- Cash settlement: 190,566 shares disposed to issuer (reported $0.00) represent cash settlement of vested cash‑settled RSUs (50% of such cRSUs vested Mar 1, 2026).
- Shares owned after the transactions: not specified in the data provided.
Context
This filing primarily reports an equity award (acquisition of RSUs) and routine share withholdings/settlement for tax and cash‑settled RSU obligations — common administrative transactions that do not necessarily indicate a change in insider sentiment. The cash settlement of cRSUs means some vested units were converted to cash rather than delivering net shares.
Insider Transaction Report
- Tax Payment
Class A common stock
[F1]2026-03-01$13.47/sh−13,806$185,967→ 229,252 total - Tax Payment
Class A common stock
[F2]2026-03-01$13.47/sh−9,824$132,329→ 219,428 total - Award
Class A common stock
[F3]2026-03-01+278,925→ 498,353 total - Disposition to Issuer
Cash Settled Restricted Stock Units
[F4]2026-03-01−190,566→ 190,567 total→ Class A common stock (190,566 underlying)
- 24,952(indirect: By Spouse)
Class A common stock
Footnotes (4)
- [F1]Represents shares withheld to pay taxes applicable to vesting of restricted stock units granted on March 1, 2024.
- [F2]Represents shares withheld to pay taxes applicable to vesting of restricted stock units granted on March 1, 2025.
- [F3]Represents a grant of restricted stock units which will vest at a rate of 25% per year on each of March 1, 2027, 2028, 2029, and 2030.
- [F4]Represents the cash settlement of cash settled restricted stock units ("cRSUs") granted on March 1, 2025 as a result of the vesting of 50% of such cRSUs on March 1, 2026.