Clearwater Paper (CLW) CFO Sherri Baker Withholds 4,634 Shares

What Happened
Sherri Baker, Senior Vice President and Chief Financial Officer of Clearwater Paper Corporation, had 4,634 shares withheld to satisfy tax withholding due when her 2023 special grant of restricted stock units vested on August 15, 2026. The withheld shares were valued at $21.42 each, for an aggregate amount of $99,260. This was a tax-withholding disposition (routine), not an open-market sale.

Key Details

• Transaction date: August 15, 2026; Form 4 filed August 18, 2026.
• Transaction type/code: F — shares withheld to satisfy tax withholding on vested RSUs.
• Shares withheld/disposed: 4,634 shares at $21.42 per share; total $99,260.
• Shares owned after transaction: not specified in the filing.
• Footnote: F1 — shares were withheld by Clearwater Paper to satisfy tax withholding required at settlement of the 2023 special grant of RSUs that vested August 15, 2026.
• Filing timing: Form 4 was filed three days after the vesting date; the filing does not indicate a late report.

Context
This is an administrative, tax-related withholding tied to RSU vesting (a common occurrence) rather than a discretionary sale that signals insider sentiment. For retail investors, purchases and open-market sales by insiders tend to be more informative than routine withholding transactions.