Clearwater Paper Corporation filings document an operating company focused on paperboard packaging products and the financial reporting tied to that business. Form 8-K reports furnish quarterly and annual results, earnings materials, GAAP measures and non-GAAP measures such as Adjusted EBITDA and adjusted net income or loss from continuing operations.
Proxy materials cover annual meeting matters, governance matters, executive compensation, pay-versus-performance data and equity award disclosures. The filing record also addresses material-event disclosures, capital-structure matters, goodwill impairment and discontinued-operations presentation connected to the company's paperboard operations and completed tissue business separation.
Vickers Tucker Christine M. reported acquisition or exercise transactions in this Form 4 filing.
Clearwater Paper Corp director Christine M. Vickers Tucker received a grant of 8,391.608 phantom common stock units on May 8, 2026 as compensation under the Deferred Compensation Plan for Directors. The units track Clearwater Paper’s common stock 1-for-1, are cash-settled after her service ends, and will vest on May 1, 2027. Following this award, her deferred phantom stock balance is 26,540.107 units.
TOELDTE ALEXANDER reported acquisition or exercise transactions in this Form 4 filing.
Clearwater Paper Corp director Alexander Toeldte received a compensation-related phantom stock award, not an open-market trade. On May 8, 2026, he was granted 8,391.608 phantom common stock units at $14.30 per unit under the Deferred Compensation Plan for Directors, bringing his total phantom units to 46,856.445. These units relate to board service from May 1, 2026 through April 30, 2027 and will vest on May 1, 2027, then be paid in cash based on Clearwater Paper’s common stock.
Clearwater Paper Corp director John P. O'Donnell received a grant of 8,391.608 phantom common stock units on May 8, 2026 as compensation. These units are credited under the Clearwater Paper Corporation Deferred Compensation Plan for Directors at a reference price of $14.30 per unit and track the value of the company’s common stock on a 1-for-1 basis.
The award represents the annual grant for board service from May 1, 2026 through April 30, 2027 and will vest on May 1, 2027. After this grant, O'Donnell holds a total of 43,574.528 phantom stock units in his deferred compensation account, which will be converted to cash and paid after his service with the company ends.
Nelson Ann C reported acquisition or exercise transactions in this Form 4 filing.
Clearwater Paper Corp director Ann C. Nelson received an award of 8,391.608 phantom common stock units on May 8, 2026 under the company’s Deferred Compensation Plan for Directors. These units track Clearwater Paper’s common stock on a 1-for-1 basis but are settled in cash, not shares.
The award represents the annual grant for board service from May 1, 2026 through April 30, 2027 and will vest on May 1, 2027. Following this grant, Nelson’s deferred compensation account reflects a total of 30,593.613 phantom stock units, which will be paid in cash after her service with Clearwater Paper ends.
Clearwater Paper Corp director Joe W. Laymon received an award of 8,391.608 phantom common stock units on May 8, 2026 at a reference price of $14.30 per unit under the company’s Deferred Compensation Plan for Directors.
These phantom stock units represent the annual award for board service from May 1, 2026 through April 30, 2027 and will vest on May 1, 2027. They are credited to a deferred compensation account and will be converted to cash and paid on a 1‑for‑1 basis with Clearwater Paper common stock upon Laymon’s termination of service. Following this grant, Laymon’s reported phantom stock balance is 35,818.273 units, reflecting deferred, cash‑settled director compensation rather than an open‑market share purchase or sale.
HILLMAN JEANNE M reported acquisition or exercise transactions in this Form 4 filing.
Clearwater Paper Corp director Jeanne M. Hillman received 8,391.608 phantom stock units valued at $14.30 per unit as an annual board compensation award for service from May 1, 2026 through April 30, 2027. These units vest on May 1, 2027 and will be settled in cash on a 1-for-1 basis with Clearwater Paper common stock after her service ends, bringing her total phantom stock holdings to 21,324.556 units.
Corkrean John J reported acquisition or exercise transactions in this Form 4 filing.
Clearwater Paper Corp director John J. Corkrean reported receiving a grant of 8,391.608 phantom common stock units on May 8, 2026 under the company’s Deferred Compensation Plan for Directors at a reference price of $14.30 per unit.
These phantom stock units correspond to an equal number of common shares on a 1‑for‑1 basis, but will be settled in cash, not stock. The award represents compensation for board service from May 1, 2026 through April 30, 2027 and will vest on May 1, 2027. After this grant, Corkrean’s deferred compensation account holds a total of 35,818.273 phantom stock units.
Clearwater Paper Corporation reported results from its 2026 Annual Meeting and related governance actions. Stockholders approved the 2026 Stock Incentive Plan, creating a new reserve of 2,000,000 shares for equity awards, replacing the unused shares under the prior plan. The board and stockholders also approved a Restated Certificate of Incorporation adding officer exculpation provisions permitted by Delaware law, and amended bylaws to add an exclusive forum clause and update shareholder director-nomination procedures. Six directors were elected, KPMG LLP was ratified as independent auditor for 2026, and named executive officer compensation received majority support in an advisory vote.
Clearwater Paper Corporation reported a larger loss for the quarter ended March 31, 2026 as higher costs and lower prices pressured results. Net sales were $360.3 million versus $378.2 million a year earlier, while net loss widened to $12.8 million from $6.3 million.
Adjusted EBITDA from continuing operations fell sharply to $1.9 million from $29.8 million as weather-driven spikes in natural gas and other costs outweighed higher shipment volumes and a $17.5 million representation-and-warranty insurance recovery. Paperboard shipments rose 4.6% but average price per ton declined 7.3%.
The company ended the quarter with $36.5 million of cash and $361.1 million of total debt. Management expects second-quarter costs to rise further due to a major maintenance outage and higher petroleum-based inputs, but also forecasts $8–$12 million of annualized savings from cost actions at its Cypress Bend facility and cites adequate liquidity from cash, operations and credit facilities.
Clearwater Paper Corporation reported a weaker first quarter of 2026, as lower market pricing and a severe weather event outweighed higher volumes. Net sales were $360.3 million, down from $378.2 million a year earlier, and the company posted a net loss from continuing operations of $12.8 million, or $0.80 per share, versus a $5.9 million loss, or $0.36 per share, in 2025.
Adjusted EBITDA from continuing operations fell sharply to $1.9 million from $29.8 million, reflecting weaker pricing and weather-related disruption, partly offset by cost reductions and insurance proceeds, including $17 million of additional representation and warranty insurance. Sales volumes rose 5% to 302,918 tons, but average paperboard pricing declined 7% to $1,101 per ton.
The company is restructuring its Cypress Bend, Arkansas facility, cutting about 20% of roles and targeting $8–$12 million in annual savings, with a $6 million benefit expected in 2026. Management guides second-quarter 2026 Adjusted EBITDA to a range of $0 to -$10 million, citing a major planned outage at Lewiston and higher input costs, while full-year 2026 revenue is projected between $1.4 billion and $1.5 billion.