{"schema_version":"secwatch.filing_event.v1","accession":"0001504337-25-000012","form_type":"8-K","ticker":"CLW","cik":"0001441236","company_name":"Clearwater Paper Corp","filed_at":"2025-04-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.308321+00:00","generated_at":"2026-05-23T20:51:05.123537+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Clearwater Paper renews CEO Arsen Kitch's contract at $1M salary, same bonus structure","bullets":["One-year term with automatic renewal; base salary unchanged at $1M.","Target annual bonus remains 100% of base; LTIP target at 200% of base.","LTIP awards: 70% performance shares (3-yr cliff) and 30% RSUs (3-yr ratable vesting).","Non-cause termination severance: 18 months base salary plus prorated bonus and 18 months benefits.","Change-of-control termination: 2.5x salary plus target bonus and 2.5 years benefits; no excise tax gross-up."],"urls":{"canonical":"https://secwatch.observer/filing/0001504337-25-000012","json":"https://secwatch.observer/filing/0001504337-25-000012.json","markdown":"https://secwatch.observer/filing/0001504337-25-000012.md","text":"https://secwatch.observer/filing/0001504337-25-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1441236/000150433725000012/0001504337-25-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1441236/000150433725000012/clw-20250401.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T20:51:05.123537+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}