Form 4: Clearwater Paper Corp Director Laymon W. Joe Reports Acquisition and Disposal of Phantom Stock Units

Director Joe W. Laymon reports changes in beneficial ownership of Clearwater Paper Corp phantom stock units, including acquisition and disposal related to deferred compensation plan.

Summary

• On May 9, 2025, Director Joe W. Laymon reported transactions involving Clearwater Paper Corp phantom stock units.
• Laymon acquired 4,743.083 phantom stock units at a price of $25.3.
• Laymon also disposed of 4,743.083 phantom stock units at a price of $25.3.
• These transactions are related to the Clearwater Paper Corporation Deferred Compensation Plan for Directors.
• The phantom stock units represent an annual award grant for service from May 1, 2025, through April 30, 2026, and will vest on May 1, 2026.
• The reporting person's phantom stock allocations represent an annual award grant for service from May 1, 2025 through April 30, 2026.
• These phantom stock units will vest May 1, 2026.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to director compensation, indicating a neutral 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 related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity-based compensation of directors.

Stakeholder Impact

• Shareholders are informed about the compensation structure for directors.
• The filing provides transparency regarding the equity-based compensation of a director.

Key Dates

Keywords

Clearwater Paper Corp, Laymon Joe W, phantom stock units, Form 4, beneficial ownership, deferred compensation plan, director, CLW