Passarello Mathew D 4
4 · Clearwater Paper Corp · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Clearwater Paper Sr. VP Mathew Passarello: Shares Withheld for Taxes (179)
What Happened Mathew D. Passarello, Senior Vice President of Clearwater Paper Corp. (CLW), had 179 shares withheld on May 15, 2026 to satisfy tax withholding related to vested restricted stock units. The withholding was done at $13.72 per share, resulting in a disposition value of $2,456. This was a tax-withholding disposition (code F), not an open-market sale or purchase.
Key Details
- Transaction date: 2026-05-15; Filing date (Form 4): 2026-05-19 (filing appears timely).
- Shares withheld/disposed: 179 shares at $13.72; total value ~$2,456.
- Shares owned after transaction: not disclosed in the filing.
- Footnote: F1 — shares were withheld by Clearwater Paper to satisfy tax withholding due at settlement of the 2024 RSU grant that vested May 15, 2026.
- Transaction code: F (tax withholding).
Context Withholding shares to cover taxes on vested RSUs is a common, administrative action and does not indicate a deliberate sale of stock for cash or a change in insider sentiment. For retail investors, this type of filing is routine and generally less informative than open-market buys or sales by insiders.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-05-15$13.72/sh−179$2,456→ 26,214 total
Footnotes (1)
- [F1]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 May 15, 2026.