Form 4: Clearwater Paper Corp: Executive Steve M Bowden Reports Stock Disposal for Tax Obligations

Steve M Bowden, a Senior Vice President at Clearwater Paper Corp, reported disposing of 534 shares of common stock on March 3, 2025, to cover tax obligations related to vested restricted stock units.

Summary

• On March 3, 2025, Steve M Bowden, a Senior Vice President at Clearwater Paper Corp, disposed of 534 shares of common stock.
• The transaction was executed to satisfy tax withholding requirements upon 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, Bowden directly owns 78,364 shares of Clearwater Paper Corp.
• The report was filed on March 5, 2025.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This is a routine Form 4 filing, which is common for corporate executives who receive stock-based compensation. It indicates that an insider has transacted in their company's stock, which is a normal part of executive compensation and portfolio management.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.

Key Dates