SEC Form 4 · accession 0001356114-26-000012
Clearwater Paper Corp · CLW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeanne M Hillman
Director
Period of report
Jul 1, 2026
Accepted (ET)
Jul 6, 2026 · 5:09 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001441236
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1,F2,F3 | $15.81 | Jul 1, 2026 | A | 1,550 | A | Jan 1, 2031 | Jan 1, 2031 | Common Stock | 1,550 | 13,173 | D |
Explanation of responses
- F1Phantom stock units are credited to the reporting person's account on the transaction date in accordance with the provisions of the Clearwater Paper Corporation Deferred Compensation Plan for Directors and will be converted to cash and paid on a 1-for-1 basis with the issuer's common stock.
- F2Phantom stock units will be converted to cash and paid on the date previously elected by the reporting person in accordance with the provisions of the Clearwater Paper Corporation Deferred Compensation Plan for Directors.
- F3Phantom stock unit beneficial ownership represents phantom stock allocated to the reporting person's Deferred Compensation Account since the reporting person's last report. These phantom stock allocations represent deferred quarterly retainer meeting fees.