Clover Health Investments (CLOV) CFO Thornton gave up 16,942 shares at $3.47 to cover taxes or an exercise price
Insider transactions reported
Joseph Clay Thornton (Interim CFO at Clover Health Investments Corp., CLOV) reported that they gave up 16,942 shares at $3.47 to cover taxes or an exercise price on May 16, 2026. After these transactions the filing shows 1,217,584 shares held directly.
- Reporting person
- Thornton Joseph Clay
- Role
- Interim CFO
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| May 16, 2026 | Shares withheld for taxes or exercise price (F) | Class A Common Stock1 | -16,942 | $3.47 | $58.8K | 1,217,584 direct |
Holdings before and after
- Class A Common Stock: 1,234,526 to 1,217,584 direct
Footnotes from the filing
- 1. Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations on May 16, 2026, due to the vesting of 6.25% of the original number of restricted stock units (RSUs) granted to the Reporting Person on February 16, 2024. The remaining RSUs vest quarterly in equal installments of 6.25%, with the final vesting date occurring on February 16, 2028, subject to the continued service of the Reporting Person on each such vesting date.
Transaction codes in this filing
- Shares withheld for taxes or exercise price:
- Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
FAQ
What did Thornton report in this CLOV Form 4?
Joseph Clay Thornton (Interim CFO at Clover Health Investments Corp., CLOV) reported that they gave up 16,942 shares at $3.47 to cover taxes or an exercise price on May 16, 2026. After these transactions the filing shows 1,217,584 shares held directly.
How many CLOV shares does Thornton hold after this filing?
The filing shows 1,217,584 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code F mean on an SEC Form 4?
Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.
Historical context for CLOV
Across the 18 sessions after earlier CLOV headlines, the stock closed higher 10 times and lower 7 times, with a median move of 2.1% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | CLOV | SPY |
|---|---|---|---|
| May 7, 2026 | Clover Health Reports First Quarter 2026 Results | +5.2% | -0.3% |
| Apr 9, 2026 | Clover Health to Report First Quarter 2026 Financial Results on May 6, 2026 | -0.5% | +0.6% |
| Apr 7, 2026 | Clover Health Empowers Members to Take Charge of Their Health Data Through HealthEx Partnership | +1.6% | +0.0% |
| Apr 1, 2026 | Clover Health Announces Departure of Chief Financial Officer and Appointment of Interim Chief Financial Officer; Reiterates Most Recently Issued Financial Guidance for Full Fiscal Year 2026 | -3.4% | +0.8% |
| Mar 19, 2026 | Primary Care Physician Use of Counterpart Assistant Associated with 18%–22% Fewer Flu-Related Acute Care Events Among COPD and CHF Patients | +0.5% | -0.2% |
| Mar 10, 2026 | UPDATED – Moving from Pledge to Production, Clover Health is Now Live on Kno2, Participating in Recently Announced Federal Interoperability Initiatives | -0.5% | -0.2% |
Earlier insider filings at CLOV
- May 14, 2026CEO of Clover Care Services Priest Brady Patrick sold $345,097 worth of shares (98,039 units at $3.52), decreasing direct ownership by 5% to 2,040,222 units (SEC Form 4)
- May 12, 2026Chief Executive Officer Toy Andrew covered exercise/tax liability with 85,704 shares, decreasing direct ownership by 0.86% to 9,923,301 units (SEC Form 4) (withholding obligation)
- Apr 21, 2026SEC Form 4 filed by Priest Brady Patrick
- Apr 17, 2026SEC Form 4 filed by Priest Brady Patrick
- Apr 17, 2026SEC Form 4 filed by Soares Karen
Keep researching CLOV
- CLOV insider tradesEvery buy and sale reported by Clover Health Investments Corp. officers, directors and large holders.
- What is Form 4?The SEC filing that reports a change in an insider's holdings, such as a purchase, sale, option exercise or grant, generally within two business days.
- Form 4 explainedForm 4 is the SEC filing that discloses when officers, directors and 10% owners buy or sell company stock, due within 2 business days. Learn every key field and code.
- Insider trading trackerThe latest insider buys and sales across every stock.
- CLOV earnings historyPast Clover Health Investments Corp. earnings releases, newest first.
- CLOV financial statementsRevenue, profit, cash flow and balance sheet from Clover Health Investments Corp.'s SEC filings.
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