CLW Clearwater Paper (CLW) Insider Trading, Ownership & Congress Trades
Materials · Paperboard mills · CIK 0001441236
SEC filings
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
86
13F, latest reported quarter
Clearwater Paper insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
No insider purchases or sales are on record for Clearwater Paper Corp in the period covered. Source: SEC Form 4 filings, as of 2026-10-28.
Insider
Filed
Shares
Value
Since filing
Context
- 2 earlier Form 4 trades (code P or S) here by this insider (2 sales), the last on Feb 28, 2023.
- The trade is 13.0% of the 68,516 shares held after it.
- No other insider sold within 30 days.
- 86 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Sr. V.P. Bowden Steve M sold about $161.2K of CLW on Nov 28, 2025, the largest insider sale at the company since 2023; 86 funds added in the latest 13F quarter.Context
- 3 earlier Form 4 trades (code P or S) here by this insider (3 sales), the last on Feb 27, 2025.
- The trade is 1.4% of the 81,439 shares held after it.
- No other insider sold within 30 days.
- 86 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: SVP, HR Moyes Kari G. sold about $27.1K of CLW on Mar 17, 2025; 86 funds added in the latest 13F quarter.Context
- 2 earlier Form 4 trades (code P or S) here by this insider (2 sales), the last on Feb 28, 2023.
- The trade is 3.3% of the 83,799 shares held after it.
- No other insider sold within 30 days.
- 86 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: SVP, HR Moyes Kari G. sold about $74.2K of CLW on Feb 27, 2025, the largest insider sale at the company since 2023; 86 funds added in the latest 13F quarter.Context
- 8 earlier Form 4 trades (code P or S) here by this insider (8 sales), the last on May 5, 2023.
- The trade is 10.0% of the 61,843 shares held after it.
- No other insider sold within 30 days.
- 86 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Sr. Vice President Gadd Michael S sold about $220.6K of CLW on Aug 4, 2023; 86 funds added in the latest 13F quarter.Context
- First Form 4 purchase or sale (code P or S) here by this insider on our record.
- The trade is 29.9% of the 8,378 shares held after it.
- 1 other insider sold within 30 days.
- 86 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: VP, Controller Barckley Rebecca Anne sold about $82.7K of CLW on May 23, 2023; 1 other insider sold within 30 days and 86 funds added in the latest 13F quarter.20 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
no insider buys or sells on file
Congress
no House purchase disclosed in the last 12 months
Funds
86 funds bought in last quarter
below 61% of Materials
Revenue
+12.4% year over year
more than 81% of Materials
Margin
-1.2% net margin
below 56% of Materials
Buybacks
$17.2M repurchased, FY to 2025-12-31
below 72% of Materials
Short interest
4.0% of the float short (float per yahoo 2026-10-26) · 4.5 days to cover · settled 2026-09-30
more than 54% of Materials
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch CLW
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
-3.7%12M
Insider sell
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns CLW: institutional holders (13F)
13F holdings, latest reported quarter
1,539,556 sh
$24.1M
1,262,006 sh
$19.8M
1,062,406 sh
$16.7M
938,496 sh
$14.7M
781,384 sh
$12.3M
Congress trades in CLW
No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
CLW planned insider sales (Form 144)
No planned-sale notices
No insider has filed to sell. Watch this after a run-up.
CLW mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Longleaf Partners Small Cap Fund
$24.1M position · as of 2026-06-30
3.7%
Victory Integrity Discovery Fund
$672.7K position · as of 2026-06-30
0.7%
Invenomic Fund
$5.2M position · as of 2026-07-31
0.6%
Ultra-Small Company Market Fund
$274.4K position · as of 2026-06-30
0.2%
NVIT Small Cap Value Fund
$397.0K position · as of 2026-06-30
0.2%
Columbia Small Cap Value Discovery Fund
$3.7M position · as of 2026-07-31
0.1%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Executive pay vs shareholder return · Arsen S. Kitch
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2025
$5.2M
$2.2M
$1.3M
-54%
+39%
2024
$6.0M
-$466.1K
$1.5M
-21%
+27%
2023
$5.3M
$4.9M
$1.1M
-4%
+16%
2022
$4.7M
$8.0M
$1.5M
+0%
-2%
2021
$3.5M
$2.9M
$1.7M
-3%
+21%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
The complete filing record, in one place.
The record shows 86 funds added last quarter. Each figure is a federal filing, dated the day it went public.
CLW financials
Revenue growth
+12.4%
XBRL, annual
Net margin
-1.2%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$1.5B
four quarters, 2025-04-01 to 2026-03-31
Revenue, TTM CLW
| FY Dec 2025 | $1.6B |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | $2.1B |
| FY Dec 2021 | $1.8B |
| Mar 2026 | $360.3M |
| Dec 2025 | $386.4M |
| Sep 2025 | $399.0M |
| Jun 2025 | $391.8M |
| Mar 2025 | $378.2M |
| Dec 2024 | $387.1M |
| Sep 2024 | $393.3M |
| Jun 2024 | $586.4M |
At each fiscal year end
Single quarter
Net margin, TTM
-1.6%
net income over revenue, 2025-04-01 to 2026-03-31
Net margin, TTM CLW
| FY Dec 2025 | -1.2% |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | +2.2% |
| FY Dec 2021 | -1.6% |
| Mar 2026 | -3.6% |
| Dec 2025 | +9.9% |
| Sep 2025 | -13.4% |
| Jun 2025 | +0.7% |
| Mar 2025 | -1.7% |
| Dec 2024 | +51.4% |
| Sep 2024 | +1.5% |
| Jun 2024 | -4.4% |
At each fiscal year end
Single quarter
Free cash flow, TTM
-$53.9M
operating cash flow minus capex, 2025-04-01 to 2026-03-31
Free cash flow, TTM CLW
| FY Dec 2025 | -$76.5M |
| FY Dec 2024 | -$55.2M |
| FY Dec 2023 | $117.1M |
| FY Dec 2022 | $116.7M |
| FY Dec 2021 | $58.0M |
| Mar 2026 | -$8.6M |
| Dec 2025 | -$9.9M |
| Sep 2025 | $15.7M |
| Jun 2025 | -$51.1M |
| Mar 2025 | -$31.2M |
| Dec 2024 | -$68.1M |
| Sep 2024 | -$30.8M |
| Jun 2024 | $3.0M |
At each fiscal year end
Single quarter
Debt to equity
0.44x
long-term 2026-03-31 plus current 2026-03-31; equity 2026-03-31
Debt to equity CLW
| FY Dec 2025 | 0.42x |
| FY Dec 2024 | 0.33x |
| FY Dec 2023 | 0.66x |
| FY Dec 2022 | 0.99x |
| FY Dec 2021 | 1.25x |
| Mar 2026 | 0.44x |
| Dec 2025 | 0.42x |
| Sep 2025 | 0.43x |
| Jun 2025 | 0.39x |
| Mar 2025 | 0.34x |
| Dec 2024 | 0.33x |
| Sep 2024 | 1.73x |
| Jun 2024 | 1.74x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
0.03x
TTM operating cash flow over long-term 2026-03-31 plus current 2026-03-31
Cash flow to debt CLW
| FY Dec 2025 | 0.04x |
| FY Dec 2024 | 0.22x |
| FY Dec 2023 | 0.43x |
| FY Dec 2022 | 0.27x |
| FY Dec 2021 | 0.15x |
| Mar 2026 | 0.03x |
| Dec 2025 | 0.04x |
| Sep 2025 | -0.08x |
| Jun 2025 | -0.14x |
| Mar 2025 | 0.01x |
| Dec 2024 | 0.22x |
| Sep 2024 | 0.14x |
| Jun 2024 | 0.20x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
-3.0%
TTM net income over average of 2025-03-31 and 2026-03-31
Return on equity CLW
| FY Dec 2025 | -2.2% |
| FY Dec 2024 | +25.8% |
| FY Dec 2023 | +17.4% |
| FY Dec 2022 | +8.5% |
| FY Dec 2021 | -5.4% |
| Mar 2026 | -3.0% |
| Dec 2025 | -2.2% |
| Sep 2025 | +19.6% |
| Jun 2025 | +26.9% |
| Mar 2025 | +22.7% |
| Dec 2024 | +25.8% |
| Sep 2024 | +2.3% |
| Jun 2024 | +7.2% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
-1.6%
TTM net income over average of 2025-03-31 and 2026-03-31
Return on assets CLW
| FY Dec 2025 | -1.1% |
| FY Dec 2024 | +11.7% |
| FY Dec 2023 | +6.4% |
| FY Dec 2022 | +2.7% |
| FY Dec 2021 | -1.6% |
| Mar 2026 | -1.6% |
| Dec 2025 | -1.1% |
| Sep 2025 | +7.0% |
| Jun 2025 | +9.8% |
| Mar 2025 | +10.4% |
| Dec 2024 | +11.7% |
| Sep 2024 | +0.7% |
| Jun 2024 | +2.2% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
tax provision or pre-tax income not filed for the four quarters
Return on invested capital CLW
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
| Jun 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
-3.6%
operating income (EBIT proxy) over average of 2025-03-31 and 2026-03-31 minus current liabilities
Return on capital employed CLW
| FY Dec 2025 | -3.1% |
| FY Dec 2024 | -4.7% |
| FY Dec 2023 | n/a |
| FY Dec 2022 | +7.0% |
| FY Dec 2021 | n/a |
| Mar 2026 | -3.6% |
| Dec 2025 | -3.1% |
| Sep 2025 | -3.8% |
| Jun 2025 | -0.6% |
| Mar 2025 | -5.0% |
| Dec 2024 | -4.7% |
| Sep 2024 | n/a |
| Jun 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
P/E, trailing CLW
| FY Dec 2025 | n/a |
| FY Dec 2024 | 2.54x |
| FY Dec 2023 | 5.66x |
| FY Dec 2022 | 14.11x |
| FY Dec 2021 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | 2.47x |
| Jun 2025 | 2.26x |
| Mar 2025 | 2.46x |
| Dec 2024 | 2.54x |
| Sep 2024 | 32.07x |
| Jun 2024 | 17.89x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$634.5M
market value at close 2026-10-26 on 2026-04-27 shares, plus long-term 2026-03-31 plus current 2026-03-31, minus cash 2026-03-31
Enterprise value CLW
| FY Dec 2025 | $594.5M |
| FY Dec 2024 | $695.8M |
| FY Dec 2023 | $996.2M |
| FY Dec 2022 | $1.1B |
| FY Dec 2021 | $1.2B |
| Mar 2026 | $555.2M |
| Dec 2025 | $594.5M |
| Sep 2025 | $636.0M |
| Jun 2025 | $725.2M |
| Mar 2025 | $648.6M |
| Dec 2024 | $695.8M |
| Sep 2024 | $1.6B |
| Jun 2024 | $1.9B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
-17.4%
TTM free cash flow over market value at close 2026-10-26
FCF yield CLW
| FY Dec 2025 | -27.4% |
| FY Dec 2024 | -11.2% |
| FY Dec 2023 | +19.6% |
| FY Dec 2022 | +18.4% |
| FY Dec 2021 | +9.5% |
| Mar 2026 | -23.4% |
| Dec 2025 | -27.4% |
| Sep 2025 | -40.3% |
| Jun 2025 | -40.9% |
| Mar 2025 | -31.0% |
| Dec 2024 | -11.2% |
| Sep 2024 | +11.2% |
| Jun 2024 | +19.6% |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
trailing loss, a multiple of a loss is not meaningful
PEG, trailing CLW
| FY Dec 2025 | n/a |
| FY Dec 2024 | 0.03x |
| FY Dec 2023 | 0.04x |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | 0.00x |
| Jun 2025 | 0.01x |
| Mar 2025 | 0.03x |
| Dec 2024 | 0.03x |
| Sep 2024 | n/a |
| Jun 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-26. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $1.6B | $1.4B | $2.1B | $2.1B |
| Operating income | -$42.1M | -$64.5M | $78.1M | $99.3M |
| Net income | -$18.6M | $196.3M | $107.7M | $46.0M |
| EPS (diluted) | -1.15 | 11.70 | 6.30 | 2.68 |
| Operating cash flow | $12.3M | $61.4M | $190.7M | $150.2M |
| Cash | $30.7M | $79.6M | $42.0M | $53.7M |
| Long-term debt | $345.5M | $281.6M | $439.9M | $564.9M |
| Buybacks | $17.2M | $10.0M | $17.9M | $5.0M |
SEC XBRL, fiscal years, as known on 2026-10-28
CLW Stock Sonar score 5/7 axes
Find similar shapesCompareCLW ranks highest on growth (81st percentile) and financial health (48th), and lowest on institutional and government (26th), among Materials peers.
5 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
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