Form 4: Clearwater Paper Corp Director Vickers Reports Phantom Stock Transaction
SEC Form 4
Director Christine M. Vickers reports acquisition and disposal of phantom stock units related to Clearwater Paper Corporation's deferred compensation plan.
Summary
- Christine M. Vickers, a director of Clearwater Paper Corp, filed a Form 4 detailing changes in beneficial ownership.
- On May 9, 2025, Vickers acquired 4,743.083 phantom stock units at a price of $25.30 per unit.
- On the same day, Vickers disposed of 18,148.499 phantom stock units at $25.30.
- These transactions are related to the Clearwater Paper Corporation Deferred Compensation Plan for Directors.
- The phantom stock units will be converted to cash upon Vickers' termination from service with Clearwater Paper.
- 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 routine regulatory filing regarding 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.
Key Dates
| Date | Description |
|---|---|
| 05/09/2025 | Date of phantom stock acquisition and disposal. |
| 05/01/2025 | Start date of service period for annual award grant. |
| 04/30/2026 | End date of service period for annual award grant. |
| 05/01/2026 | Vesting date of phantom stock units. |
| 05/13/2025 | Date of Form 4 filing. |
Keywords
Form 4, Clearwater Paper Corp, Phantom Stock, Director, Beneficial Ownership, Deferred Compensation Plan, Vickers, CLW
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