Passarello Mathew D 4

What Happened Mathew D. Passarello, Senior Vice President of Clearwater Paper Corp. (CLW), was granted 10,422 restricted stock units (RSUs) on February 26, 2026. The RSUs were awarded at $0.00 (no cash paid); they will settle one-for-one into common shares when vested. This is an equity compensation award (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-26; Form 4 filed 2026-03-02 (filed within the standard two-business-day window).
• Award size: 10,422 RSUs; acquisition price reported as $0.00 (grant).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: F1 — RSUs settle one-for-one into common shares. F2 — RSUs vest 33% / 33% / 34% on March 15, 2027, 2028 and 2029, respectively, subject to continued employment; dividend equivalents during vesting convert into additional RSUs.
• Transaction type: Award/grant (compensation), not a market purchase or sale.

Context RSU grants are compensation and standard for executives; they do not directly indicate buying or selling conviction. These RSUs vest over three years, so the economic benefit depends on continued employment and future stock performance.