Form 4: Clearwater Paper Corp Director John P. O'Donnell Reports Transaction

Sentiment:

SEC Form 4 Filing


Director John P. O'Donnell reports a transaction involving phantom stock units of Clearwater Paper Corp.

Summary

  • On May 9, 2025, John P. O'Donnell, a director of Clearwater Paper Corp, reported a transaction involving phantom stock.
  • O'Donnell acquired 4,743.083 phantom stock units at a price of $25.3.
  • Following the transaction, O'Donnell's total holdings decreased to 35,182.92 phantom stock units.
  • These phantom stock units are part of the Clearwater Paper Corporation Deferred Compensation Plan for Directors and will be converted to cash upon termination of service.
  • The phantom stock allocations represent an annual award grant for service from May 1, 2025 through April 30, 2026, and will vest on May 1, 2026.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The phantom stock units will be converted to cash and paid upon the reporting person's termination from service with Clearwater Paper in accordance with the provisions of the Clearwater Paper Corporation Deferred Compensation Plan for Directors.

Industry Context

This filing is a routine disclosure of a transaction by a company insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

  • The transaction provides transparency to shareholders regarding executive compensation.

Key Dates

DateDescription
05/09/2025Date of transaction: acquisition of phantom stock units
05/01/2025Start date for annual award grant for service
04/30/2026End date for annual award grant for service
05/01/2026Vesting date for phantom stock units
05/13/2025Date of report filing

Keywords

Clearwater Paper Corp, John P. O'Donnell, phantom stock, director, Form 4, deferred compensation, CLW

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