Kari G. Moyes - Mar 15, 2025 Form 4 Insider Report for Clearwater Paper Corp (CLW)

Role
SVP, HR
Signature
/s/ Marc D. Rome, Attorney-in-Fact
Stock symbol
CLW
Transactions as of
Mar 15, 2025
Transactions value $
-$46,042
Form type
4
Date filed
3/18/2025, 05:26 PM
Previous filing
Mar 5, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLW Common Stock Tax liability -$8.84K -369 -0.44% $23.95 83K Mar 15, 2025 Direct F1
transaction CLW Common Stock Tax liability -$10.1K -420 -0.51% $23.95 82.6K Mar 15, 2025 Direct F2
transaction CLW Common Stock Sale -$27.1K -1.13K -1.37% $23.98 81.4K Mar 17, 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares withheld by Clearwater Paper Corporation to satisfy tax withholding requirements due at settlement of the 2023 grant of restricted stock units that vested March 15, 2025.
F2 Represents shares withheld by Clearwater Paper Corporation to satisfy tax withholding requirements due at settlement of the 2024 grant of restricted stock units that vested March 15, 2025.
F3 This transaction was executed pursuant to a sale in accordance with a 10b5-1 Trading Plan for taxes.