Baker Sherri 4

What Happened

• Sherri Baker, Senior Vice President and Chief Financial Officer of Clearwater Paper Corp (CLW), received a grant of 15,220 restricted stock units (RSUs) reported on Feb 26, 2026. The award shows an acquisition price of $0.00 (this is a compensation grant, not a market purchase).

Key Details

• Transaction date: 2026-02-26; Form 4 filed: 2026-03-02.
• Awarded shares: 15,220 RSUs; reported acquisition price: $0.00 (award/grant).
• Vesting: 33% on March 15, 2027; 33% on March 15, 2028; 34% on March 15, 2029 (vesting subject to continued employment) — see footnote.
• Dividend treatment: Dividend equivalents will be converted into additional RSUs during the vesting period (per footnote).
• Shares owned after transaction: not specified in the provided filing excerpt.
• No indication in the provided data that this was a sale, option exercise, or gift.

Context

• RSUs are a form of equity compensation that convert to common shares on vesting (one-for-one per the filing). Grants are routine compensation for executives and do not by themselves indicate buying or selling sentiment. This was an award/grant rather than a cash purchase or sale.