Karen Soares Sells 6,846 Shares of Clover Health Investments (NASDAQ:CLOV) Stock
MarketBeat
Clover Health Investments, Corp. (NASDAQ:CLOV - Get Free Report) insider Karen Soares sold 6,846 shares of the stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $4.78, for a total transaction of $32,723.88. Following the sale, the insider directly owned 1,607,371 shares of the company's stock, valued at approximately $7,683,233.38. The trade was a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
NASDAQ:CLOV
