Form 4: Clearwater Paper Corp: VP, Controller Rebecca Anne Barckley Reports Changes in Beneficial Ownership

Rebecca Anne Barckley, VP, Controller of Clearwater Paper Corp, reports acquisition and disposal of common stock and restricted stock units.

Summary

• On February 26, 2024, Rebecca Anne Barckley, VP, Controller of Clearwater Paper Corp, reported changes in beneficial ownership.
• She acquired 1,720 restricted stock units (RSUs) that vest over three years starting March 15, 2025.
• She also acquired 3,579 shares of common stock at $37.98 related to the settlement of a 2021-2023 Performance Share Grant.
• 1,063 shares were withheld by Clearwater Paper Corporation to cover tax obligations related to the Performance Share Grant settlement.
• Following these transactions, Barckley directly owns 12,614 shares of Clearwater Paper Corp common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects routine insider transactions related to compensation and vesting schedules.

Positives

• The award of restricted stock units and performance shares suggests confidence in the company's future performance.

Future Outlook

The vesting schedule of the RSUs indicates a multi-year incentive plan for the reporting person.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors seeking to understand management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect insider activity related to compensation.

Key Dates