Rome Marc D. 4

What Happened Marc D. Rome, Senior Vice President, General Counsel & Corporate Secretary of Clearwater Paper Corporation (CLW), had 648 shares withheld by the company on March 15, 2026 to satisfy tax withholding obligations tied to vested restricted stock units (RSUs). The withholding consisted of 355 shares (valued at $13.11/share, $4,654) and 293 shares (valued at $13.11/share, $3,841), a combined value of $8,495. These were not open-market sales but a cashless settlement to cover taxes upon RSU vesting.

Key Details

• Transaction date: March 15, 2026; Filing date: March 17, 2026 (appears timely — within the typical 2-business-day Form 4 window).
• Prices and amounts: 355 shares @ $13.11 = $4,654; 293 shares @ $13.11 = $3,841; total 648 shares withheld = $8,495.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: Shares withheld to satisfy tax withholding for the 2025 RSU grant that vested March 15, 2026.
  • F2: Shares withheld to satisfy tax withholding for the 2024 RSU grant that vested March 15, 2026.
• Transaction code: F — tax withholding (disposition by company to cover taxes).

Context This is a routine tax-withholding disposition tied to RSU vesting (a cashless settlement), not an open-market sale or an indicator of insider sentiment. For retail investors, purchases or open-market sales may be more informative about conviction; tax withholding on vesting is common and generally administrative.