Clover Health (CLOV) CEO files Form 4 for stock sale, RSU vesting
Rhea-AI Filing Summary
Clover Health Investments, Corp. reported insider transactions by CEO, Medicare Advantage Jamie L. Reynoso in Class A Common Stock. On January 15, 2026, 14,732 shares were automatically withheld at $2.81 per share to cover tax obligations tied to the vesting of 6.25% of previously granted RSUs, which continue to vest quarterly at 6.25% through October 15, 2028, subject to continued service.
On January 20, 2026, Reynoso sold 4,597 shares at a weighted average price of $2.58 per share under a pre-arranged Rule 10b5-1 trading plan adopted on March 13, 2025. Following these transactions, she directly owns 2,737,700 shares of Class A Common Stock.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 4,597 | $2.58 | $12K |
| Tax Withholding | Class A Common Stock | 14,732 | $2.81 | $41K |
Footnotes (1)
- Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations on January 15, 2026, due to the vesting of 6.25% of the original number of restricted stock units (RSUs) granted to the Reporting Person on October 15, 2024, and timely reported on a Form 4 filed on October 17, 2024. The remaining RSUs vest quarterly in equal installments of 6.25%, with the final vesting date occurring on October 15, 2028, subject to the continued service of the Reporting Person on each such vesting date. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.47 to $2.63, inclusive. The Reporting Person undertakes to provide to the SEC staff, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
FAQ
What insider transactions did CLOV executive Jamie L. Reynoso report?
Jamie L. Reynoso reported two transactions in Clover Health Investments, Corp. Class A Common Stock: a tax withholding of 14,732 shares on January 15, 2026, and an open-market sale of 4,597 shares on January 20, 2026.
What is the ongoing vesting schedule for Jamie L. Reynoso’s Clover Health RSUs?
The remaining RSUs granted on October 15, 2024 vest quarterly in equal installments of 6.25%, with the final vesting date on October 15, 2028, subject to Reynoso’s continued service.
Was the CLOV stock sale made under a Rule 10b5-1 trading plan?
Yes. The January 20, 2026 sale of 4,597 shares was effected under a Rule 10b5-1 trading plan adopted by Jamie L. Reynoso on March 13, 2025.