Form 4: Clearwater Paper Corp Executive Bowden Steve M Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Senior Vice President Bowden Steve M of Clearwater Paper Corp reports disposing of shares to cover tax withholding requirements upon the vesting of restricted stock units.
Summary
- On March 15, 2025, Bowden Steve M, a Senior Vice President at Clearwater Paper Corp, disposed of 448 shares of common stock at a price of $23.95 to cover tax obligations related to the vesting of 2023 restricted stock units.
- Additionally, 511 shares were disposed of at the same price to cover tax obligations related to the vesting of 2024 restricted stock units.
- Following these transactions, Bowden Steve M directly owns 77,405 shares of Clearwater Paper Corp.
- The transactions were reported on March 18, 2025.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of stock disposal and vesting of restricted stock units. |
| 03/18/2025 | Date of Form 4 filing. |
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