Krajnik Sean M. 4

What Happened Sean M. Krajnik, Senior Vice President of Clearwater Paper Corporation (CLW), had a total of 1,350 shares withheld to satisfy tax withholding obligations upon RSU vesting on March 15, 2026. The withholdings were reported as three dispositions: 623 shares @ $13.11 ($8,168), 534 shares @ $13.11 ($7,001), and 193 shares @ $13.11 ($2,530), for a combined value of $17,699. These transactions are tax-withholding dispositions (code F), not open-market sales.

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 17, 2026.
• Prices and amounts: 623 shares @ $13.11 ($8,168); 534 shares @ $13.11 ($7,001); 193 shares @ $13.11 ($2,530). Total = 1,350 shares / $17,699.
• Footnotes: F1 = shares withheld for 2025 RSU grant vesting; F2 = withheld for 2024 RSU grant; F3 = withheld for 2023 RSU grant (all settled March 15, 2026).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Transaction code: F (tax withholding / shares withheld to cover tax obligations).

Context These were administrative withholdings to satisfy tax obligations on vested restricted stock units (RSUs), commonly reported as dispositions. Such withholdings are routine and do not necessarily indicate insider intent to sell additional shares on the open market.