Form 4: Clearwater Paper Corp Executive Kari G. Moyes Sells Shares Under 10b5-1 Trading Plan
SEC Form 4
Kari G. Moyes, SVP, HR of Clearwater Paper Corp, sold 2,778 shares of common stock at $26.72 per share on February 27, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On February 27, 2025, Kari G. Moyes, SVP, HR of Clearwater Paper Corp, sold 2,778 shares of common stock.
- The sale was executed at a price of $26.72 per share.
- The transaction was conducted under a 10b5-1 trading plan for tax purposes.
- Following the transaction, Moyes directly owns 83,799 shares of Clearwater Paper Corp.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine sale under a pre-arranged trading plan and doesn't necessarily indicate a positive or negative outlook on the company.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares at predetermined times and prices, avoiding accusations of trading on non-public information.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of transaction: Kari G. Moyes sold 2,778 shares of Clearwater Paper Corp stock. |
| 02/28/2025 | Date of signature on the Form 4 filing. |
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