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

Sentiment:

SEC Form 4 Filing


Kari G. Moyes, SVP, HR of Clearwater Paper Corp, reported disposing of 439 shares of common stock on March 3, 2025, to cover tax withholding requirements upon vesting of restricted stock units.

Summary

  • On March 3, 2025, Kari G. Moyes, SVP, HR of Clearwater Paper Corp, disposed of 439 shares of common stock.
  • The transaction was executed to satisfy tax withholding requirements related to the vesting of restricted stock units granted in 2022.
  • The shares were disposed of at a price of $26.15 per share.
  • Following the transaction, Moyes directly owns 83,360 shares of Clearwater Paper Corp.
  • The report was filed on March 5, 2025.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It reports a standard transaction related to tax obligations.

Industry Context

Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a small disposal of shares by an executive to cover tax obligations.

Key Dates

DateDescription
03/03/2025Date of stock disposal transaction.
03/05/2025Date of Form 4 filing.

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