Form 4: Clearwater Paper Corp Executive Urlick Michael J Reports Stock Transaction
SEC Form 4 Filing
Michael J Urlick, SVP, GM CPD of Clearwater Paper Corp, reports disposition of 435 shares of common stock to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 15, 2024, Michael J Urlick, SVP, GM CPD of Clearwater Paper Corp, disposed of 435 shares of common stock.
- The transaction was executed to satisfy tax withholding requirements related to the vesting of restricted stock units granted in 2023.
- The shares were disposed of at a price of $40.76 per share.
- Following the transaction, Urlick directly owns 19,011 shares of Clearwater Paper Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to a routine stock transaction for tax purposes. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock transaction (disposal of shares). |
| 03/19/2024 | Date of signature for the Form 4 filing. |
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