Form 4: Clearwater Paper Corp Director Reports Phantom Stock Unit Transaction

Director Jeanne M Hillman reports acquisition and disposal of phantom stock units in Clearwater Paper Corp under the Deferred Compensation Plan for Directors.

Summary

• Jeanne M Hillman, a director of Clearwater Paper Corp, filed a Form 4 detailing changes in beneficial ownership.
• On April 1, 2025, Hillman acquired 924.186 phantom stock units at a price of $24.97 per unit.
• The phantom stock units are part of the Clearwater Paper Corporation Deferred Compensation Plan for Directors.
• These units will be converted to cash on a 1-for-1 basis with the issuer's common stock on a date previously elected by the reporting person.
• Hillman also disposed of 6,517.352 phantom stock units at a price of $24.97.
• Following the reported transactions, Hillman beneficially owns 6,517.352 phantom stock units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The phantom stock units will be converted to cash on a 1-for-1 basis with the issuer's common stock on a date previously elected by the reporting person 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.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it relates to deferred compensation for a director.

Key Dates

Keywords

Clearwater Paper Corp, Director, Phantom Stock Units, Form 4, Deferred Compensation Plan, Beneficial Ownership, CLW