Form 4: Clearwater Paper Corp: VP, Controller Rebecca Anne Barckley Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Rebecca Anne Barckley, VP, Controller of Clearwater Paper Corp, reports disposals of common stock to cover tax withholding requirements upon vesting of restricted stock units.
Summary
- On March 3 and 4, 2024, Rebecca Anne Barckley, VP, Controller of Clearwater Paper Corp, disposed of shares of common stock to satisfy tax withholding requirements.
- These disposals were related to the vesting of restricted stock units granted in 2021 and 2022.
- A total of 143 shares were disposed of on March 3, 2024, and 716 shares were disposed of on March 4, 2024, all at a price of $38.53 per share.
- Following these transactions, Barckley directly owns 11,755 shares of Clearwater Paper Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral event, reflecting routine tax-related stock disposals. It doesn't indicate positive or negative sentiment towards the company's performance.
Industry Context
This is a routine Form 4 filing related to the vesting of restricted stock units and the subsequent disposal of shares to cover tax obligations, which is a common practice among corporate executives.
Key Dates
| Date | Description |
|---|---|
| 03/03/2024 | Disposal of 143 shares of common stock for tax withholding. |
| 03/04/2024 | Disposal of 716 shares of common stock for tax withholding. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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