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Company Analysis

CLW Insider Trading

Clearwater Paper Corp | Paperboard Mills

Comprehensive Trading Performance Summary

The investment history of corporate insiders at Clearwater Paper Corp provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Paperboard Mills sector.

Last 7 Days
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Last 30 Days Trend
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Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2025-12-03 00:53 2025-11-28 Bowden Steve M Officer - Sr. V.P. SELL $18.14 8,889 $161,246 68,516 -11.5%
2025-03-19 00:26 2025-03-17 Moyes Kari G. Officer - SVP, HR SELL $23.98 1,132 $27,145 81,439 -1.4%
2025-03-04 01:12 2025-02-27 Moyes Kari G. Officer - SVP, HR SELL $26.72 2,778 $74,228 83,799 -3.2%
2023-08-09 00:15 2023-08-04 Gadd Michael S Officer - Sr. Vice President SELL $35.68 6,182 $220,574 61,843 -9.1%
2023-05-26 00:15 2023-05-23 Barckley Rebecca Anne Officer - VP, Controller SELL $33.00 2,506 $82,698 8,378 -23.0%
2023-05-10 00:15 2023-05-05 Gadd Michael S Officer - Sr. Vice President SELL $32.09 6,126 $196,583 68,025 -8.3%
2023-04-17 21:15 2023-04-14 Murphy Michael John Officer - Sr. VP, CFO SELL $32.88 2,681 $88,151 48,210 -5.3%
2023-03-02 01:16 2023-02-28 Bowden Steve M Officer - Senior Vice President SELL $38.34 2,964 $113,640 51,636 -5.4%
2023-03-02 01:15 2023-02-28 Moyes Kari G. Officer - SVP, HR SELL $38.33 2,964 $113,610 59,404 -4.8%
2023-03-02 01:15 2023-02-28 Murphy Michael John Officer - Sr. VP, CFO SELL $38.33 5,041 $193,222 60,355 -7.7%
2023-03-01 01:15 2023-02-24 Gadd Michael S Officer - Sr. Vice President SELL $37.63 8,685 $326,817 52,313 -14.2%
2022-11-05 00:15 2022-11-03 Gadd Michael S Officer - Sr. Vice President SELL $37.33 8,500 $317,264 61,366 -12.2%
2022-08-06 00:15 2022-08-04 Gadd Michael S Officer - Sr. Vice President SELL $42.02 8,691 $365,211 69,866 -11.1%
2022-04-06 00:15 2022-04-04 Moyes Kari G. Officer - SVP, HR SELL $27.63 4,589 $126,794 42,965 -9.7%
2022-04-06 00:15 2022-04-01 Bowden Steve M Officer - Senior Vice President SELL $28.29 4,589 $129,823 35,593 -11.4%
2022-04-06 00:15 2022-04-04 Gadd Michael S Officer - Sr. Vice President SELL $27.62 2,295 $63,388 78,557 -2.8%
2022-02-19 01:15 2022-02-17 Murphy Michael John Officer - Sr. VP, CFO BUY $28.66 1,000 $28,664 30,187 +3.4%
2021-03-05 01:15 2021-03-01 Nelson Ann C Director BUY $35.77 3,000 $107,300 3,000 +100.0%
2020-11-21 01:15 2020-11-18 Gadd Michael S Officer - Sr. Vice President SELL $37.26 7,586 $282,654 68,851 -9.9%
2019-05-04 00:18 2019-05-03 Massman Linda K Director, Officer - President and CEO BUY $17.92 5,500 $98,583 243,976 +2.3%
2018-02-22 01:03 2018-02-16 Gadd Michael S Officer - Sr. Vice President SELL $37.68 5,368 $202,266 11,712 -31.4%
2017-08-03 02:52 2017-07-31 Gadd Michael S Officer - Sr. Vice President SELL $50.04 1,546 $77,368 17,464 -8.1%
2017-07-25 00:00 2017-07-20 Gadd Michael S Officer - Sr. Vice President SELL $50.01 877 $43,861 19,010 -4.4%
2017-03-02 01:34 2017-02-27 Gadd Michael S Officer - Sr. Vice President SELL $57.04 5,233 $298,490 19,887 -20.8%
2016-10-29 00:43 2016-10-26 Gadd Michael S Officer - Sr. Vice President SELL $54.82 5,129 $281,170 22,313 -18.7%
2016-09-03 00:11 2016-09-01 HERTZ JOHN Officer - Senior Vice President SELL $62.52 4,725 $295,407 30,972 -13.2%
2016-02-26 23:13 2016-02-25 HERTZ JOHN Officer - Senior Vice President BUY $38.54 5,180 $199,637 39,299 +15.2%
2015-03-03 01:38 2015-02-26 Hunter Johnathan D Officer - Vice President, Controller SELL $61.92 381 $23,592 1,316 -22.5%
2014-07-29 21:14 2014-07-25 Hunter Johnathan D Officer - Vice President, Controller SELL $67.77 343 $23,245 1,840 -15.7%
2013-10-28 23:58 2013-10-25 Hunter Johnathan D Officer - Vice President, Controller SELL $52.03 2,101 $109,315 1,788 -54.0%
2013-08-06 00:35 2013-08-01 HERTZ JOHN Officer - Senior Vice President BUY $49.35 4,000 $197,400 27,689 +16.9%
2013-05-06 21:42 2013-05-03 Colgrove Thomas A Officer - Sr. V.P., Pres, Cons. Prod. BUY $46.20 1,750 $80,850 53,933 +3.4%
2012-08-10 00:17 2012-08-08 DeVleming Robert P Officer - Sr. V.P., Pres, CPD BUY $35.09 2,267 $79,549 150,310 +1.5%
2011-11-14 18:22 2011-11-11 LARSSON WILLIAM D Director BUY $34.82 1,000 $34,820 1,000 +100.0%
2011-11-03 00:09 2011-11-01 DICKEY BOH A Director BUY $32.64 2,000 $65,280 10,000 +25.0%
2011-08-11 00:49 2011-08-09 Carter Thomas H Officer - Sr. VP, Human Resources SELL $66.75 3,285 $219,274 23,919 -12.1%
2010-11-16 00:41 2010-11-12 Colgrove Thomas A Officer - Vice President BUY $82.14 600 $49,284 5,557 +12.1%
2010-11-10 21:56 2010-11-09 JONES GORDON L Director, Officer - Chairman, President & CEO BUY $81.96 2,500 $204,900 71,201 +3.6%
2010-03-17 00:48 2010-02-22 JONES GORDON L Director, Officer - CEO & President BUY $49.13 4,200 $206,346 4,200 +100.0%
2010-02-23 19:22 2010-02-22 JONES GORDON L Director, Officer - President & CEO BUY $49.13 4,200 $206,346 68,701 +6.5%
2010-02-23 19:21 2010-02-22 Massman Linda K Officer - VP, Finance & CFO BUY $47.78 1,050 $50,169 44,863 +2.4%
2009-11-06 22:09 2009-11-05 WEYERHAEUSER WILLIAM T Director SELL $48.39 19,024 $920,571 0 -100.0%
2009-05-12 21:17 2009-05-08 Corrigan Fredric W Director BUY $22.00 5,000 $110,000 5,000 +100.0%
2009-03-07 01:51 2009-03-04 JONES GORDON L Director, Officer - Director, President and CEO BUY $7.79 16,000 $124,605 64,501 +33.0%
2009-03-07 01:51 2009-03-04 DICKEY BOH A Director BUY $7.43 2,429 $18,054 4,000 +154.6%
2009-03-05 02:54 2009-03-03 DeVleming Robert P Officer - Vice President BUY $7.45 5,800 $43,210 57,942 +11.1%
2009-03-05 02:53 2009-03-04 Carter Thomas H Officer - Vice President BUY $7.98 3,000 $23,952 25,478 +13.3%
2009-03-05 02:51 2009-03-04 Massman Linda K Officer - Vice President BUY $6.50 10,000 $65,020 43,813 +29.6%
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How to Interpret $CLW Trades

Not every insider transaction in Clearwater Paper Corp is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $CLW shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for CLW

Insider activity data for Clearwater Paper Corp is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $CLW, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.