Form 4: Clearwater Paper Corp Director John P. O'Donnell Reports Transaction
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
| Date | Description |
|---|---|
| 05/09/2025 | Date of transaction: acquisition of phantom stock units |
| 05/01/2025 | Start date for annual award grant for service |
| 04/30/2026 | End date for annual award grant for service |
| 05/01/2026 | Vesting date for phantom stock units |
| 05/13/2025 | Date of report filing |
Keywords
Clearwater Paper Corp, John P. O'Donnell, phantom stock, director, Form 4, deferred compensation, CLW
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