The concentration of selling in Counterpart Health's CEO — the largest single insider sale at Clover in the observed window — warrants monitoring for any operational or strategic update from that subsidiary. The smaller sales from other officers appear routine. Watch for any 8-K or press release from Counterpart Health in the coming weeks.
Price Chart
Executive Summary
Four insiders at Clover Health sold a total of ~$1.47M in open-market sales over a 4-day window, led by Counterpart Health CEO Conrad Wai's $1.42M sale. The cluster is dominated by a single large sale from a subsidiary CEO, with smaller sales from the Medicare Advantage CEO, legal chief, and controller. At ~0.45% of the $326M market cap, the total is modest but notable, and the lack of 10b5-1 plan indications suggests discretionary selling.
Key Financial Metrics
Key Facts
- 4 insiders sold a total of ~$1.47M in open-market sales over 4 days (Sep 14-17, 2026)
- Conrad Wai (CEO, Counterpart Health) sold 300,000 shares for $1.42M — 97% of total cluster value
- No 10b5-1 plan indications on any of the trades
- Total sales represent ~0.45% of Clover Health's $326M market cap
Financial Impact
~$1.47M in insider selling, ~0.45% of market cap
Risk Factors
- Insider selling may reflect personal liquidity needs rather than negative outlook
- Subsidiary CEO's large sale could be a one-off diversification event
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CLOV-1789763854954 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | Insider Cluster | $4.78 $4.73 | ▲ +1.05% | ▼ −0.13% | $4.56 (+4.60%) |
Oct 19, 2026 7d ago | 144 | $4.80 $4.78 | ▼ −0.42% | ▼ −0.94% | $4.56 (−5.00%) |
Oct 19, 2026 7d ago | Insider Cluster | $4.80 $4.78 | ▼ −0.42% | ▼ −0.94% | $4.56 (−5.00%) |
Oct 8, 2026 17d ago | 8-K | $4.79 $4.78 | ▼ −0.21% | ▼ −0.15% | $4.56 (−4.80%) |
Oct 7, 2026 19d ago | 144 | $4.58 $4.79 | ▲ +4.59% | ▲ +3.99% | $4.56 (−0.44%) |
Oct 5, 2026 20d ago | Insider Cluster | $4.60 $4.56 | ▲ +0.87% | ▲ +0.63% | $4.56 (+0.87%) |
Oct 1, 2026 24d ago | 3 | $4.38 $4.68 | ▲ +6.85% | ▲ +6.17% | $4.56 (+4.11%) |
Sep 24, 2026 4w ago | 8-K | $4.49 $4.33 | ▼ −3.56% | ▼ −2.82% | $4.56 (+1.56%) |
Sep 18, 2026 5w ago | Insider Cluster | $4.54 $4.67 | ▼ −2.86% | ▼ −2.88% | $4.56 (−0.44%) |
Sep 17, 2026 5w ago | Insider Cluster | $4.46 $4.54 | ▼ −1.79% | ▼ −0.24% | $4.56 (−2.24%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers