Every Form 4 that Clearwater Paper Corporation (CLW) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow CLW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CLW filings page.
Clearwater Paper Corp (CLW) reported an insider equity transaction by SVP and CFO Sherri Baker. On August 15, 2026, 4,634 shares of common stock were disposed of at $21.42 per share to satisfy tax withholding requirements upon settlement of a 2023 special grant of restricted stock units that vested that day. After this withholding transaction, Baker directly held 40,847 shares of Clearwater Paper common stock.
Clearwater Paper Corp senior vice president and general counsel Marc D. Rome reported a routine tax-related share disposition. On July 1, 2026, 226 shares of common stock were withheld by the company at $15.68 per share to cover tax withholding due upon vesting of a 2025 restricted stock unit grant. After this withholding, Rome directly holds 18,874 shares of Clearwater Paper common stock. This was not an open-market sale but an automatic tax-settlement mechanism tied to equity compensation.
Clearwater Paper Corp director Jeanne M. Hillman received a grant of phantom stock units as part of director compensation. She acquired 1,549.652 phantom stock units at a reference value of $15.81 per unit, bringing her total phantom stock unit balance to 13,173.328 units.
The phantom stock units are credited under Clearwater Paper’s Deferred Compensation Plan for Directors and are tied on a 1-for-1 basis to the value of the company’s common stock. According to the plan, they will be settled in cash on a date previously elected by Hillman, and the new allocations represent deferred quarterly retainer and meeting fees.
Clearwater Paper Corp President and CEO Arsen S. Kitch reported an amended insider transaction showing an award of 9,154 restricted stock units (RSUs) of common stock granted for no cash consideration. These RSUs vest 33%, 33%, and 34% on March 15, 2027, 2028 and 2029, assuming continued employment, and dividend equivalents will convert into additional RSUs during the vesting period. Following this grant, Kitch directly holds 403,029 shares of common stock. The amendment clarifies that the previously reported price was only the market price used to determine the number of RSUs and not an amount actually paid.
Clearwater Paper Corp President and CEO Arsen S. Kitch received an equity award of 9,154 restricted stock units (RSUs) of common stock. The RSUs are a form of stock-based compensation and are not an open-market purchase or sale.
The RSUs will vest in three tranches of 33%, 33% and 34% on March 15, 2027, 2028 and 2029, assuming continued employment. During the vesting period, dividend equivalents on these RSUs will be converted into additional RSUs. After this grant, Kitch directly holds 403,029 shares of Clearwater Paper common stock.
Clearwater Paper Corp senior vice president Mathew D. Passarello reported a routine tax-related share disposition. On May 15, 2026, 179 shares of common stock were withheld by the company at $13.72 per share to satisfy tax withholding for his 2024 restricted stock unit grant that vested that day. Following this withholding, he directly holds 26,214 shares of Clearwater Paper common stock.
Vickers Tucker Christine M. reported acquisition or exercise transactions in this Form 4 filing.
Clearwater Paper Corp director Christine M. Vickers Tucker received a grant of 8,391.608 phantom common stock units on May 8, 2026 as compensation under the Deferred Compensation Plan for Directors. The units track Clearwater Paper’s common stock 1-for-1, are cash-settled after her service ends, and will vest on May 1, 2027. Following this award, her deferred phantom stock balance is 26,540.107 units.
TOELDTE ALEXANDER reported acquisition or exercise transactions in this Form 4 filing.
Clearwater Paper Corp director Alexander Toeldte received a compensation-related phantom stock award, not an open-market trade. On May 8, 2026, he was granted 8,391.608 phantom common stock units at $14.30 per unit under the Deferred Compensation Plan for Directors, bringing his total phantom units to 46,856.445. These units relate to board service from May 1, 2026 through April 30, 2027 and will vest on May 1, 2027, then be paid in cash based on Clearwater Paper’s common stock.
Clearwater Paper Corp director John P. O'Donnell received a grant of 8,391.608 phantom common stock units on May 8, 2026 as compensation. These units are credited under the Clearwater Paper Corporation Deferred Compensation Plan for Directors at a reference price of $14.30 per unit and track the value of the company’s common stock on a 1-for-1 basis.
The award represents the annual grant for board service from May 1, 2026 through April 30, 2027 and will vest on May 1, 2027. After this grant, O'Donnell holds a total of 43,574.528 phantom stock units in his deferred compensation account, which will be converted to cash and paid after his service with the company ends.
Nelson Ann C reported acquisition or exercise transactions in this Form 4 filing.
Clearwater Paper Corp director Ann C. Nelson received an award of 8,391.608 phantom common stock units on May 8, 2026 under the company’s Deferred Compensation Plan for Directors. These units track Clearwater Paper’s common stock on a 1-for-1 basis but are settled in cash, not shares.
The award represents the annual grant for board service from May 1, 2026 through April 30, 2027 and will vest on May 1, 2027. Following this grant, Nelson’s deferred compensation account reflects a total of 30,593.613 phantom stock units, which will be paid in cash after her service with Clearwater Paper ends.
Clearwater Paper Corp director Joe W. Laymon received an award of 8,391.608 phantom common stock units on May 8, 2026 at a reference price of $14.30 per unit under the company’s Deferred Compensation Plan for Directors.
These phantom stock units represent the annual award for board service from May 1, 2026 through April 30, 2027 and will vest on May 1, 2027. They are credited to a deferred compensation account and will be converted to cash and paid on a 1‑for‑1 basis with Clearwater Paper common stock upon Laymon’s termination of service. Following this grant, Laymon’s reported phantom stock balance is 35,818.273 units, reflecting deferred, cash‑settled director compensation rather than an open‑market share purchase or sale.
HILLMAN JEANNE M reported acquisition or exercise transactions in this Form 4 filing.
Clearwater Paper Corp director Jeanne M. Hillman received 8,391.608 phantom stock units valued at $14.30 per unit as an annual board compensation award for service from May 1, 2026 through April 30, 2027. These units vest on May 1, 2027 and will be settled in cash on a 1-for-1 basis with Clearwater Paper common stock after her service ends, bringing her total phantom stock holdings to 21,324.556 units.
Corkrean John J reported acquisition or exercise transactions in this Form 4 filing.
Clearwater Paper Corp director John J. Corkrean reported receiving a grant of 8,391.608 phantom common stock units on May 8, 2026 under the company’s Deferred Compensation Plan for Directors at a reference price of $14.30 per unit.
These phantom stock units correspond to an equal number of common shares on a 1‑for‑1 basis, but will be settled in cash, not stock. The award represents compensation for board service from May 1, 2026 through April 30, 2027 and will vest on May 1, 2027. After this grant, Corkrean’s deferred compensation account holds a total of 35,818.273 phantom stock units.
Clearwater Paper Corp director Jeanne M. Hillman received a grant of 1,676.934 phantom stock units on April 1, 2026 under the company’s Deferred Compensation Plan for Directors. These units, valued using a reference price of $14.61 per unit, represent deferred quarterly retainer and meeting fees. Hillman now holds a total of 11,623.676 phantom stock units, which will be converted to cash on a 1-for-1 basis with Clearwater Paper common stock and paid on dates she previously elected.
Clearwater Paper Corp senior vice president and general counsel Marc D. Rome reported routine tax-related share dispositions tied to vesting restricted stock units. On March 15, 2026, a total of 648 shares of common stock were withheld by the company to satisfy tax withholding requirements on his 2024 and 2025 restricted stock unit grants that vested on that date. These are Form F transactions for tax-withholding, not open-market sales. After these withholdings, Rome directly holds 19,100 shares of Clearwater Paper common stock.
Clearwater Paper Corp senior vice president Mathew D. Passarello reported a routine tax-withholding transaction. On March 15, 2026, 390 shares of common stock were withheld by the company at $13.11 per share to cover taxes due on vested 2025 restricted stock units, leaving him with 26,393 directly held shares.
Clearwater Paper Corp Senior Vice President Sean M. Krajnik reported routine share dispositions related to tax withholding on vested equity awards. On March 15, 2026, a total of 1,350 shares of common stock were withheld at $13.11 per share to satisfy tax obligations on his 2023, 2024, and 2025 restricted stock unit grants that vested that day. These were not open-market sales, but company-withheld shares for taxes. Following these transactions, Krajnik directly held 24,873 shares of Clearwater Paper common stock.
Clearwater Paper President and CEO Arsen S. Kitch reported three Form 4 transactions dated March 15, 2026, all coded F for tax-withholding dispositions of common stock.
A total of 13,523 shares were withheld at $13.11 per share to satisfy tax obligations on vested restricted stock units from 2023–2025 grants. After these withholdings, he directly holds 393,875 shares of Clearwater Paper common stock. These were not open-market sales but shares retained by the company to cover taxes.
Clearwater Paper Corp senior vice president Steve M. Bowden reported routine tax-withholding transactions related to vested restricted stock units. On March 15, 2026, a total of 1,487 shares of common stock were withheld at $13.11 per share to satisfy tax obligations on 2023, 2024, and 2025 RSU grants.
These Form 4 entries, coded "F", reflect shares delivered to Clearwater Paper Corporation for tax liabilities rather than open-market sales. After these withholdings, Bowden directly holds 80,307 shares of Clearwater Paper common stock.
Clearwater Paper Corp VP and Controller Rebecca Anne Barckley reported routine tax-related share dispositions tied to restricted stock unit vesting. On March 15, 2026, a total of 423 shares of common stock were withheld by the company at $13.11 per share to satisfy tax withholding requirements for 2023, 2024, and 2025 RSU grants that vested that day.
Following these withholding transactions, Barckley directly owned 20,223 shares of Clearwater Paper common stock. These Form 4 entries reflect tax-withholding dispositions rather than open-market sales.
Clearwater Paper Corp Senior Vice President and CFO Sherri Baker reported routine tax-withholding transactions related to vested stock awards. On March 15, 2026, a total of 1,093 shares of common stock were withheld at $13.11 per share to satisfy tax obligations on restricted stock units that vested that day. These dispositions were not open-market sales but share withholdings by the company. After the transactions, Baker directly owned 45,481 shares of Clearwater Paper common stock, indicating that only a small portion of her equity position was used for tax payments.
Clearwater Paper Corp Senior Vice President Virginia L. Aulin reported a tax-related share disposition tied to equity compensation. On March 15, 2026, 381 shares of common stock were withheld at $13.11 per share to satisfy tax withholding requirements on a 2025 restricted stock unit grant that vested that day. After this withholding, Aulin directly owned 12,919 shares of Clearwater Paper common stock. This was a compensation-related settlement rather than an open-market stock sale.
Clearwater Paper Corp senior vice president and general counsel Marc D. Rome received an equity award on February 26, 2026. He was granted 11,422 restricted stock units that settle into common stock on a one-for-one basis, increasing his directly held interest to 19,748 common shares.
The award vests in stages, with 33% vesting on March 15, 2027, 33% on March 15, 2028, and 34% on March 15, 2029, assuming continued employment. During this vesting period, dividend equivalents on the units will be converted into additional restricted stock units.
Passarello Mathew D reported acquisition or exercise transactions in this Form 4 filing.
Clearwater Paper Corp senior vice president Mathew D. Passarello reported an equity award in the form of restricted stock units (RSUs). He was granted 10,422 RSUs that may be settled into an equal number of common shares on a one-for-one basis.
The RSUs are scheduled to vest in three installments of 33%, 33%, and 34% on March 15, 2027, 2028, and 2029, assuming continued employment. During the vesting period, dividend equivalents on these RSUs will be credited as additional RSUs. Following this award, his directly owned common stock and RSU-related holdings total 26,783 shares.
Clearwater Paper Corp senior vice president Sean M. Krajnik reported receiving a grant of 10,708 shares of common stock in the form of restricted stock units (RSUs). These RSUs vest 33%, 33% and 34% on March 15 of 2027, 2028 and 2029, assuming continued employment, and his directly held common stock after the award totals 26,223 shares. During the vesting period, dividend equivalents on the RSUs will be converted into additional RSUs.
Clearwater Paper Corp President and CEO Arsen S. Kitch received an equity grant of 83,623 restricted stock units (RSUs) of common stock. The RSUs vest 33%, 33%, and 34% on March 15, 2027, 2028, and 2029, assuming continued employment. Dividend equivalents during the vesting period will convert into additional RSUs. Following this award, his directly owned common stock (including RSU-related holdings) is reported at 407,398 shares.
Clearwater Paper Corp senior vice president Steve M. Bowden reported an equity compensation grant in the form of restricted stock units (RSUs) tied to the company’s common stock. He acquired 13,278 RSUs, each convertible into one share of common stock when settled.
The award will vest in three tranches, with 33%, 33% and 34% scheduled to vest on March 15, 2027, 2028 and 2029, assuming continued employment. During the vesting period, dividend equivalents on these RSUs will be converted into additional RSUs. Following this grant, Bowden’s directly held common stock (including RSU-related holdings) is reported at 81,794 shares, reflecting a meaningful long-term, stock-based component in his compensation.
Clearwater Paper Corp reported that VP and Controller Rebecca Anne Barckley acquired 4,338 shares of common stock through a grant of restricted stock units (RSUs) at no cash cost per share. Following this award, her directly held common stock position increased to 20,646 shares.
The RSU grant will vest in stages, with 33% of the units vesting on March 15, 2027, another 33% on March 15, 2028, and the remaining 34% on March 15, 2029, assuming she remains employed. During the vesting period, amounts equivalent to dividends on these RSUs will be converted into additional RSUs that can be settled into common stock on a one-for-one basis.
Clearwater Paper Corp reported that its SVP and CFO, Sherri Baker, acquired 15,220 shares of common stock through a grant of restricted stock units (RSUs) on February 26, 2026. The RSUs were granted at no cash cost and can be settled one-for-one in common shares.
The award will vest in stages, with 33%, 33%, and 34% of the RSUs vesting on March 15, 2027, March 15, 2028, and March 15, 2029, assuming continued employment. Dividend equivalents during the vesting period will be converted into additional RSUs. After this grant, Baker directly holds 46,574 shares of Clearwater Paper common stock.
Aulin Virginia L. reported acquisition or exercise transactions in this Form 4 filing.
Clearwater Paper Corp Senior Vice President Virginia L. Aulin received a grant of 9,994 restricted stock units (RSUs) tied to the company’s common stock. These RSUs settle one-for-one into common shares and will vest 33%, 33%, and 34% on March 15, 2027, 2028, and 2029, assuming continued employment. Following this award, Aulin directly holds 13,300 common shares, and dividend equivalents on the RSUs will be credited as additional RSUs during the vesting period.
Clearwater Paper Corp executive Marc D. Rome, SVP, General Counsel and Corporate Secretary, reported a small share withholding related to equity compensation. On January 15, 2026, 81 shares of Clearwater Paper common stock were withheld at a price of $20.33 per share to cover tax obligations arising from the vesting of a 2024 restricted stock unit grant. After this withholding, Rome directly beneficially owns 8,326 shares of Clearwater Paper common stock. This filing reflects an administrative tax-settlement event rather than an open-market sale.
Clearwater Paper Corp director reports new deferred compensation units
A director of Clearwater Paper Corp filed a report showing an award of 1,384.181 phantom stock units on 01/01/2026 at a reference price of $17.7 per unit under the company’s Deferred Compensation Plan for Directors. These phantom stock units track the value of Clearwater Paper common stock and are designed to be paid out in cash on a 1-for-1 basis with the stock, at a date previously elected by the director. Following this transaction, the director beneficially holds a total of 9,946.742 phantom stock units, representing deferred quarterly retainer and meeting fees.
Clearwater Paper Corp. reported an insider transaction by a senior vice president. On 11/28/2025, the officer sold 8,889 shares of common stock in a transaction coded “S,” indicating a sale, at a weighted average price of $18.14 per share, under a Rule 10b5-1 trading plan executed for tax purposes. After this sale, the officer beneficially owned 68,516 shares of Clearwater Paper stock, held directly.
Jeanne M. Hillman, a director of Clearwater Paper Corp (CLW), was credited with 1,197.458 phantom stock units under the company's Deferred Compensation Plan for Directors on 10/01/2025.
The phantom units have a reported per‑unit value of $20.46 and are recorded as payable on a 1‑for‑1 basis with the issuer's common stock; the filing notes these units will be converted to cash and paid on the date previously elected by the reporting person, with a referenced date of 01/01/2031. The filing shows 1,197.458 common‑stock‑equivalent shares from these units and lists total beneficial ownership following the transaction as 8,562.561 shares (direct).