Form 4: Clearwater Paper Corp Executive Kari G. Moyes Reports Stock Disposal for Tax Obligations

Kari G. Moyes, SVP of HR at Clearwater Paper Corp, disposed of 368 shares of common stock on March 15, 2024, to cover tax withholding requirements upon vesting of restricted stock units.

Summary

• On March 15, 2024, Kari G. Moyes, SVP of HR at Clearwater Paper Corp, disposed of 368 shares of common stock.
• The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units granted in 2023.
• The shares were sold at a price of $40.76 per share.
• Following the transaction, Moyes directly owns 70,607 shares of Clearwater Paper Corp.
• The transaction was reported on Form 4, filed with the SEC on March 19, 2024.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction to cover tax obligations, not indicative of a significant change in sentiment or company performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a standard practice of executives selling shares to cover tax obligations upon vesting of equity awards.

Key Dates