February 9, 2024 · Form 4 insider transaction
Sharp Aric R sold 8,266 shares of CLOVER HEALTH INVESTMENTS, CORP. /DE at $1.02 per share, a transaction worth $8.4K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
Represents shares of Class A Common Stock that were automatically withheld to cover tax obligations upon the vesting, on February 9, 2024, of 6.25% of the original number of time-based restricted stock units ("RSUs") granted to the Reporting Person on May 9, 2022, and timely reported on a Form 4 filed on May 10, 2022. The remaining RSUs will vest quarterly in equal installments of 6.25%, with the final vesting date occurring on May 9, 2026, subject to the continued service of the Reporting Person on each such vesting date.