Clarus Corp (CLAR) CFO exercises 25,000-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Clarus Corp Chief Financial Officer Michael J. Yates exercised a restricted stock award to acquire 25,000 shares of Common Stock on March 11, 2026. This transaction reflects the conversion of previously granted restricted stock under the company’s 2015 Stock Incentive Plan, rather than an open‑market purchase or sale.
Following the exercise, Yates directly holds 65,000 shares of Clarus Common Stock. The derivative award of 50,000 restricted shares had been granted earlier, with all shares vesting and becoming non‑forfeitable on March 11, 2025 and March 11, 2026, as described in the filing footnote.
Positive
- None.
Negative
- None.
Insider Trade Summary
25,000 shares exercised/converted
Mixed
2 txns
Insider
YATES MICHAEL J
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Award | 25,000 | $0.00 | -- |
| Exercise | Common Stock, par value $0.0001 per share ("Common Stock") | 25,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Award — 0 shares (Direct);
Common Stock, par value $0.0001 per share ("Common Stock") — 65,000 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Clarus Corp (CLAR) report for Michael J. Yates?
Clarus Corp reported that CFO Michael J. Yates exercised a restricted stock award to acquire 25,000 shares of Common Stock on March 11, 2026. This was a derivative exercise, not an open‑market buy or sell transaction, and increased his directly held share position.
Was the Clarus Corp (CLAR) Form 4 a stock purchase or sale by the CFO?
The Form 4 does not show an open‑market purchase or sale by the CFO. Instead, it reports a derivative exercise of a restricted stock award, where 25,000 underlying shares of Common Stock were acquired as part of previously granted equity compensation.
What equity award did Michael J. Yates exercise in the Clarus Corp (CLAR) Form 4?
Michael J. Yates exercised a restricted stock award previously granted under Clarus Corp’s 2015 Stock Incentive Plan. The award comprised 50,000 restricted shares of Common Stock that vested and became non‑forfeitable on March 11, 2025 and March 11, 2026, according to the footnote.
Does the Clarus Corp (CLAR) Form 4 indicate any remaining derivative position for the CFO?
The Form 4 derivative summary is empty, indicating no remaining derivative positions are reported in this filing. The transaction summary shows one derivative exercise for 25,000 shares, suggesting the reported restricted stock award was fully addressed in this transaction record.
How is the restricted stock award described in the Clarus Corp (CLAR) Form 4 footnote?
The footnote explains that the transaction comes from a restricted stock award under the 2015 Stock Incentive Plan, consisting of 50,000 restricted shares of Common Stock. All these shares vested and became non‑forfeitable on March 11, 2025 and March 11, 2026, respectively.