Form 4: Clearwater Paper Corp CFO Sherri Baker Reports Tax-Related Stock Disposal
SEC Form 4
Sherri Baker, CFO of Clearwater Paper Corp, reports the disposal of 512 shares of common stock to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 15, 2025, Sherri Baker, the SVP and CFO of Clearwater Paper Corp, disposed of 512 shares of common stock.
- The shares were disposed of at a price of $23.95 per share.
- This transaction was to satisfy tax withholding requirements related to the vesting of restricted stock units granted in 2024.
- Following the transaction, Baker directly owns 31,354 shares of Clearwater Paper Corp.
- The transaction was reported on March 18, 2025.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing relates to a routine tax-related stock disposal and doesn't indicate any significant change in the executive's position or the company's outlook.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations and doesn't necessarily reflect a change in Baker's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of stock disposal for tax withholding. |
| 03/18/2025 | Date of Form 4 filing. |
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