Rome Marc D. 4
Research Summary
AI-generated summary
Clearwater Paper (CLW) SVP Marc D. Rome Receives RSU Award
What Happened
- Marc D. Rome, Senior Vice President, General Counsel & Corporate Secretary of Clearwater Paper (CLW), was granted 11,422 restricted stock units (RSUs) on February 26, 2026. The award shows an acquisition price of $0.00 (compensation award), and the RSUs settle one-for-one into common stock when vested.
Key Details
- Transaction date: February 26, 2026; Form 4 filed March 2, 2026 (filed within the standard two-business-day window).
- Award type/code: A (grant/award of RSUs).
- Shares/units granted: 11,422 RSUs; acquisition price reported $0.00.
- Vesting schedule: 33% on March 15, 2027; 33% on March 15, 2028; 34% on March 15, 2029, contingent on continued employment.
- Dividend treatment: Dividend equivalents during the vesting period are converted into additional RSUs.
- Shares owned after transaction: Not specified in the filing.
Context
- RSU grants are a form of compensation and do not represent an immediate purchase of stock; shares are issued only as RSUs vest. Such awards are common for executives and reflect company compensation practices rather than an open‑market buy or sell decision.